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Investing WisdomMar 3, 2017•1 min read

Price Is What You Pay; Value Is What You Get

A lesson Warren Buffett credits to Benjamin Graham, and one that applies to nearly every life decision, not just investing.

Portrait of Tejas Shah

Tejas Shah

Proprietor of Silicon One and Silicon Systems, AMFI-registered Mutual Fund Distributor since 2004, based in Vadodara.

Warren Buffett says he learned this from Benjamin Graham: "Price is what you pay; value is what you get." It's close to a universal truth, applying to far more than the market. "Whether we're talking about socks or stocks," Buffett says, "I like buying quality merchandise when it is marked down."

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