Quote of the day by Warren Buffett: ‘Price is what you pay, value is what you get’ — here’s what it means for investors
Berkshire Hathaway founder and chairman Warren Buffett’s famous line, “Price is what you pay, value is what you get”, in his shareholder letter of 2008, highlights a core principle of investing, which is that the market price of an asset does not always reflect its true value. For instance, a stock may appear overvalued or…
