Value Over Price Quotes & Sayings

Lord Jesus, thank You that my identity and worth is firmly rooted in You. My job doesn't define me, my relationships don't define me, and my various roles don't define me. I praise You for declaring me holy and dearly loved. You paid the highest price for my soul. How I thank You that I have value and significance in You. I am Your masterpiece, and You have gifted me uniquely for the roles You desire for me to play in Your kingdom. Thank You that I don't need to compare my gifts to the gifts of others in order to feel special. In Your kingdom, I am a royal priest/priestess. I praise You that I am a coheir with Christ and have inherited every blessing through Him. (Col. 3:12; 1 Cor. 6:12; Eph. 2:10; Isa. 43:4; Rom. 8:17) — Becky Harling

A very good senior programmer (who might get paid $200,000) gets paid about the same as a great programmer, who delivers $5 million worth of value for the same price. That's enough of a difference to build an entire company's profit around. Do it with ten programmers and you're rich. — Seth Godin

Stop competing on price; compete on value. Deliver total consumer solutions, rather than just your piece of the solution. — Faith Popcorn

You see, Marcus, some things have value yet have no price, and a wise man learns them and their worth. So do not let the standard of the marketplace be your guide. A man goes there for flour and greens, but not for virtue. — Paul Waters

We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business: (1) favorable long-term economic characteristics; (2) competent and honest management; (3) purchase price attractive when measured against the yardstick of value to a private owner; and (4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge. — Warren Buffett

The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour. — Sir John Richard Hicks

I would say television is a focus, and expanding our channel platform is a focus. As for buying libraries, when catalogs are going down in value, the answer is that it's all about price! — Jon Feltheimer

Failure gave me an inner security that I had never attained by passing examinations. Failure taught me things about myself that I could have learned no other way. I discovered that I had a strong will, and more discipline than I had suspected; I also found out that I had friends whose value was truly above the price of rubies. — J.K. Rowling

These days man knows the price of everything but the value of nothing. — Oscar Wilde

But suppose it past, - suppose one of these men, as I have seen them meagre with famine, sullen with despair, careless of a life which your lordships are perhaps about to value at something less than the price of a stocking-frame ; suppose this man surrounded by those children for whom he is unable to procure bread at the hazard of his existence, about to be torn for ever from a family which he lately supported in peaceful industry, and which it is not his fault than he can no longer so support; suppose this man - and there are ten thousand such from whom you may select your victims, - dragged into court to be tried for this new offence, by this new law, - still there are two things wanting to convict and condemn him, and these are, in my opinion, twelve butchers for a jury, and a Jefferies for a judge! — George Gordon Byron

We don't always know the details of our future. We do not know what lies ahead. We live in a time of uncertainty. We are surrounded by challenges on all sides. Occasionally discouragement may sneak in to our day; frustration may invite itself into our thinking; doubt might enter about the value of our work. In these dark moments Satan whispers in our ears that we will never be able to succeed, that the price isn't work the effort, and that our small part will never make a difference. He, the father of all lies, will try to prevent us from seeing the end from the beginning. — Dieter F. Uchtdorf

Bring your kids along next time you go to the grocery store and ask them to help find the price per unit for the general grocery items. By comparing brands and looking for the best prices, kids will get in the habit of looking for deals and understand the value of the dollar. — Alexa Von Tobel

If there is no price to be paid, it is also not of value. — Albert Einstein

By 'the objective exchange-value of money' we are accordingly to understand the possibility of obtaining a certain quantity of other economic goods in exchange for a given quantity of money; and by 'the price of money' this actual quantity of other goods. — Ludwig Von Mises

When money rules, we remember the price of things and forget the value of things, and that is dangerous. — Jonathan Sacks

It made me think of the nice old Marimekko-clad ladies I sometimes went to see in the Ritz Tower: gravel-voiced, turban-wearing, panther-braceleted widows looking to move to Miami, their apartments filled with smoked-glass and chromed-steel furniture that, in the seventies, they'd purchased through their decorators for the price of a good Queen Anne
but (I was responsible for telling them, reluctantly) had not held its value and could not be re-sold at even half what they'd bought it for. — Donna Tartt

If the only tool we use to analyse what's valuable is a price tag, then those things that don't have price tags begin to look like they have no value. — Al Gore

I am grateful to have had the opportunity to see that education can inspire us to become more capable parents, more engaged citizens, and more resourceful human beings.

Knowledge has the power to widen our eyes, open our minds, and enable us to see past people's gender or economic status. It can help us value pricelessness over price tag. It can help us recognize the shame in humiliating and the grace in humility.

And it can help us to understand that there is no greater richness than love."

Maha Al Fahim

Share — Maha Al Fahim

Price is not the same thing as value. Over the long term, value should be the same as a price that leads to proper decisions about consumption, exploitation, and investment, without extinguishing the resource. — Ian Harris

Don't just bargain for success. Pay the price! — Israelmore Ayivor

A lot of elders complain that they do not know what is wrong with today's black generation. I beg to ask them what was wrong with theirs? Children don't become what you want, they become who you are. Our elders should reflect upon what went wrong during the era when today's young adults were children. Maybe just maybe they might find the answers to the problems of this "generation". They are equally responsible for this "money over everything mindset that breeds the young people they condemn.They raised a world of children who know the price of everything but the value of nothing. A money grabbing, instant gratification over profundity seeking and "step pon them" culture of people. — Crystal Evans

In the wake of the British army's burning of the roughly 3,000 books belonging to Congress at Washington, Jefferson offered to sell the nation his own collection.42 There were 6,487 volumes in Jefferson's hands; in the words of the National Intelligencer, the library "for its selection, rarity and intrinsic value, is beyond all price."43,44 They formed the core of the new Library of Congress. — Jon Meacham

Edge also implies what Ben Graham ... called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ... Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price." — Michael Mauboussin

Be greedy when others are fearful and fearful when others are greedy.' Easier said than done for the vast majority of stock traders ... On every stock trade there is someone who wants to sell and someone who wants to buy, at least at a particular price ... the person who is selling thinks that she is getting out just in time while the person buying thinks that he is about to make good money.
... The truth is that the market doesn't really reflect some magical perfect valuation of a stock under the efficient market hypothesis. It reflects the mass consensus of how actual individual investors value the stock. It is the sum total of everyone's hopes and fears ... — M.E. Thomas

that is subject to accelerated revenue recognition as a result of aggressive management estimates is one that has "multiple deliverables." In this type of arrangement, the seller provides several distinct, but intermingled deliverables over an extended period of time. For example, wireless telecom companies often package mobile phone service and a cell phone handset together in the same contract. Sometimes the handset is sold to the customer at a greatly discounted price (or even given away for free), as long as the customer also agrees to a two-year service contract. Accounting rules require the seller to allocate a portion of the total contract value to the handset (to be recognized as revenue up front) and a portion to the service contract (to be recognized over the life of the contract). The seller uses assumptions in estimating how to split the revenue between the two deliverables. By changing these assumptions or — Howard M. Schilit

I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value ratios and higher-than-average yield. Academic studies have shown that a strategy of buying out-of-favor stocks with low P/E, price-to-book and price-to-cash flow ratios outperforms the market pretty consistently over long periods of time. — David Dreman

When I started at Bloomingdale's as a buyer, Alexander's was a discounter across the street, and every time Alexander's had something that we had at Bloomingdale's, we'd have to meet price. I didn't really want to be in a business where I had no control over my inventory, the value of my inventory. — Mickey Drexler

Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process. — L. Neil Smith

Finally, I must acknowledge the role my lovely wife Annie, to whom I have dedicated the book, played in its production. I had the good luck to have married a woman who is incredibly smart and whose sound intuitions are untainted by philosophy. The price she pays for this is that she is subjected to calls interrupting her own work in which I ask her things like: 'What's an example of a gesture that gives an instruction?' or 'Is the following sentence intuitively true: 'Jeff owns more surfboards than Napoleon'?' She handles this with remarkable grace and humor, while providing excellent answers. In addition, while I was working on the book, she bent over backwards to do things for me that would allow me more time to write at crucial junctures. This even before we were married! And finally, the love and support she gave me while I worked on this book were of incalculable value to me. My friends say she is too good for me. They're right — Anonymous

Having lost and regained her freedom in the most extraordinary circumstances over the course of her remarkable lifetime, few could have set a higher price on the value of liberty. And yet, as she was well aware, it was only through the fundamental principles of justice that her liberty had finally been secured. — Wendy Moore

Students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards - so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value. Though it's seldom recognized, this is the exact approach — Warren Buffett

The profound point is that the critical link between growth and value creation is the return on incremental capital. Since share prices tend to follow earnings over the long term, the more capital that can be deployed at high rates of return to drive greater earnings growth, the more valuable a company becomes. Warren Buffett summarized the point best: "Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return."4 The best investments, in other words, combine strong growth with high returns on capital. — Lawrence A. Cunningham

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten. — Arthur Laffer

Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price. — Warren Buffett

The superior performance of the original S&P 500 firms surprises most investors. But value investors (as described in Chapter 12) know that growth stocks often are priced too high, and excitement over their prospects often induces investors to pay too high a price. Profitable firms that do not catch investors' eyes are often underpriced. If investors reinvest the dividends of such firms, they are buying undervalued shares that will add significantly to their return. — Jeremy Siegel

O my brothers, I dedicate and direct you to a new nobility: you shall become procreators and cultivators and sowers of the future - verily, not to a nobility that you might buy like shopkeepers and with shopkeepers' gold: for whatever has its price has little value. Not whence you came shall henceforth constitute your honor, but whither you are going! Your will and your foot which has a will to go over and beyond yourselves - that shall constitute your new honor. — Friedrich Nietzsche

There are many pleasant fictions of the law in constant operation, but there is not one so pleasant or practically humorous as that which supposes every man to be of equal value in its impartial eye, and the benefits of all laws to be equally attainable by all men, without the smallest reference to the furniture of their pockets. — Charles Dickens

In our view, though, investment students need only two well-taught courses-How to Value a Business, and How to Think about Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business who's earnings are virtually certain to be materially higher five, ten and twenty years from now. — Warren Buffett

Don't you know that there's another bubble as well An expectations bubble. Bigger houses private planes yachts ... stupid salaries and bonuses. People come to desire these things and expect them. But the expectations bubble will burst as well as all bubbles do.
Come to my gallery and I will sell you beautiful things at a more reasonable price. But the point is that they will have value. Things of real beauty things of the spirit. — Edward Rutherfurd

The value decade is upon us. If you can't sell a top-quality product at the world's lowest price, you're going to be out of the game. — Jack Welch

Children are the true connoisseurs. What's precious to them has no price, only value. — Bel Kaufman

What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity. — James Surowiecki

As Nietzsche wrote, "The value of a thing sometimes lies not in what one attains with it, but in what one pays for it - what it costs us." Perhaps you will attain your goal, and a worthy goal at that, but at what price? Apply this standard to everything, including whether to collaborate with other people or come to their aid. In the end, life is short, opportunities are few, and you have only so much energy to draw on. And in this sense time is as important a consideration as any other. Never waste valuable time, or mental peace of mind, on the affairs of others - that is too high a price to pay. Power — Robert Greene

[A]s you will come to see, everything in life comes at a price. Nothing is free, not a single thing, tangible or intangible. There is an equilibrium at play all the time. For every gain, there is a loss of equal value. For every heart that is broken, one is sutured. It's called balance, and it's the only reason the universe doesn't collapse onto itself at any given moment. — Richard Harris

The share price must be less than book value. Preferably it will be less than net working capital less long term debt. — Peter Cundill

I'm afraid many women do choose the wedding over the marriage. It seems a steep price to pay, but it comes from a place of deep, sad longing to be loved and to have it proven that you are of value. — Elizabeth Gilbert

People who do not have a price tag attached to them are priceless. — Amit Abraham

If a lot of people feel like this company is undervalued and go out and buy the stock, the stock price will go up reflecting the higher value of this company. You might have information because you trade with them or because you've done some research on them. — Robert F. Engle

Don't educate your children to be rich. Educate them to be happy, so they know the value of things, not the price. — Victor Hugo

The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price. — Warren Buffett

For when the Law of Price declares that a good actually commands a particular price, and explains why it does so, it of course implies that the good is able to command this price, and explains why it is able to do so. The Law of Price comprehends the Law of Exchange-Value. — Ludwig Von Mises

Basically, we try to buy value expressed in the differential between its price and what we think its worth. — Walter Schloss

Every positive value has its price in negative terms ... the genius of Einstein leads to Hiroshima. — Pablo Picasso

To put it baldly, there are two ways to become wealthy: to create wealth or to take wealth away from others. The former adds to society. The latter typically subtracts from it, for in the process of taking it away, wealth gets destroyed. A monopolist who overcharges for his product takes money from those whom he is overcharging and at the same time destroys value. To get his monopoly price, he has to restrict production. — Joseph E. Stiglitz

What is a cynic? A man who knows the price of everything and the value of nothing. And a sentimentalist, my dear Darlington, is a man who sees an absurd value in everything, and doesn't know the market place of any single thing. — Oscar Wilde

As in many other cities, money no longer had any value in Istanbul. At the time I returned from the East, bakeries that once sold large one-hundred drachma loaves of bread for one silver coin now baked loaves half the size for the same price, and they no longer tasted the way they did during my childhood. — Orhan Pamuk

Late modern society is principally concerned with purchasing things, in ever greater abundance and variety, and so has to strive to fabricate an ever greater number of desires to gratify, and to abolish as many limits and prohibitions upon desire as it can. Such a society is already implicitly atheist and so must slowly but relentlessly apply itself to the dissolution of transcendent values. It cannot allow ultimate goods to distract us from proximate goods. Our sacred writ is advertising, our piety is shopping, our highest devotion is private choice. God and the soul too often hinder the purely acquisitive longings upon which the market depends, and confront us with values that stand in stark rivalry to the only truly substantial value at the center of the social universe: the price tag. — David Bentley Hart

Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only. — Adam Smith

If I owned any of these Hot New Issues that have doubled, tripled, quintupled or umptupled within days and in some cases hours after they were issued, I most certainly would grab my fabulous windfall, thank my lucky stars and invest the money. It's utter nonsense to think any newly issued stock is really worth two, ten or 20 times the [offering] price ... A management so stupid as to sell shares [cheap], and an underwriter so obtuse as not to discern the real value, together would provide reason enough for a sensible man to get rid of his shares. — Malcolm Forbes

I happen to believe that the deepest value of fiction is that, in its very fictiveness, it is the one arena where we can, at least temporarily, take apart and refuse to compete within the terms that the rest of existence insists on. Market value may come to drive out all other human values, except, perhaps, in the country of invented currency, the completely barter-driven economy of the imagination. Fiction, when it remembers its innate priority over other human transactions, can deal not in price but in worth. And that seems to me an act filled with political potential, as well as with pleasure. — Richard Powers

I wonder sometimes if I'm not, after all, a piece in some other player's game, following blindly his grand designs without ever knowing that my path along the board is only a feint, while the important matters are played out elsewhere by other men.
But whether there's some grand design really matters little to me. My only hope was this: To see what might be, to believe that it should be, and then to do all I could to bring it to pass, whatever the cost. When a life spins out as joyfully as mine has done, then the price, one paid so painfully, is now recalled in gladness. I have received full value. Here among the shepherds, my cup is filled with the water of life; it overflows. — Orson Scott Card

One thing I want to emphasize is that, like any human being, we can discuss our view of the economy and the market. Fortunately for our clients, we don't tend to operate based on the view. Our investment strategy is to invest bottom up, one stock at a time, based on price compared to value. And while we may have a macro view that things aren't very good right now - which in fact we feel very strongly we will put money to work regardless of that macro view if we find bargains. So tomorrow, if we found half a dozen bargains, we would invest all our cash. — Seth Klarman