PRICE AND VALUE (2)
"Price is what you pay; value is what you get." – Warren Buffett
🎯 This quote from Warren Buffett reflects a long-term view in investing. Instead of focusing only on short-term price, Buffett encourages focusing on long-term value. He once said: "It is much better to buy a wonderful company at a fair price than a fair company at a wonderful price."
💡 Many people often confuse price and value, thinking that they are the same. However, the true value of an investment is only assessed over a long period of time. In business, product quality and long-term profits determine value, not the initial purchase price. The same amount of spending, but the value received will be very different when viewed from a long-term perspective.
🔑 Core message: This principle applies not only in finance but also in life. The price we pay may be time, energy, or effort, but the value we receive will reflect the long-term results of that investment. Always focus on the real value and long-term benefits, not just the immediate price. Price is temporary, but value is the sustainable factor that helps measure success.
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⚖️ Price paid,
💡 Long-term value received,
⏳ Effort bears fruit.
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