Price is what you pay and value is what you get
By scheng1
@scheng1 (24649)
Singapore
October 4, 2015 8:21am CST
This is a saying by Warren Buffett. He is explaining about stock market investment and the relationship between share price and the value of the businesses listed in the stock market.
However, this saying can help us a lot in our daily life.
Whenever I want to buy anything, I always remember this sentence.
I always ask if the price that I pay is high or low relative to the value that I get.
For food, nothing beats fresh vegetables, meat and fruits. If I can get fresh produces at a low price, that is very value for money.
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