A Quote by Benjamin Graham
The value of any investment is, and always must be, a function of the price you pay for it.
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Value in relation to price, not price alone, must determine your investment decisions. If you look to Mr Market as a creator of investment opportunities (where price departs from underlying value), you have the makings of a value investor. If you insist on looking to Mr Market for investment guidance however, you are probably best advised to hire someone else to manage your money.
Dreams require down payments. Dreams are free, but the journey isn't. There is a price to pay. First, you must pay the price of dealing with criticism from people who matter. Ralph Waldo Emerson said, 'Whatever course you decide upon, there is always someone to tell you that you are wrong.' Second, you must pay the price of overcoming your fears. Failure, rejection, and looking foolish are common fears - but they are just feelings that can be conquered and removed from your thoughts. Finally, you must be willing to pay the price of hard work in order to realize your dream.
For anything worth having one must pay the price; and the price is always work, patience, love, self-sacrifice - no paper currency, no promises to pay, but the gold of real service.
The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It's just that simple.
People always get what they want. But there is a price for everything. Failures are either those who do not know what they want or are not prepared to pay the price asked them. The price varies from individual to individual. Some get things at bargain-sale prices, others only at famine prices. But it is no use grumbling. Whatever price you are asked, you must pay.
I think you've got to pay the price for anything that's worthwhile, and success is paying the price. You've got to pay the price to win, you've got to pay the price to stay on top, and you 've got to pay the price to get there.
For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
You either believe in Europe at any price: in other words we have to be in Europe at any price because you can't survive without it, or you don't. If you don't it tends to suggest there is a price which you are not willing to pay.
But you must remember, my fellow-citizens, that eternal vigilance by the people is the price of liberty, and that you must pay the price if you wish to secure the blessing.
The major value in life is not what you get. The major value in life is what you become. That is why I wish to pay fair price for every value. If I have to pay for it or earn it, that makes something of me. If I get it for free, that makes nothing of me.
Once you adopt a value-investment strategy, any other investment behavior starts to seem like gambling.
Any discussion of investment or putting monetary value on the environment must start with the populations who rely on those resources.
There is a price which is too great to pay for peace, and that price can be put in one word. One cannot pay the price of self-respect.
Dictionary is the only place that success comes before work. Hard work is the price we must pay for success. I think you can accomplish anything if you're willing to pay the price.
It is unreasonable to think we can earn rewards without being willing to pay their true price. It is always our choice whether or not we wish to pay the price for life's rewards.
Pay-TV companies that built their businesses on the backs of local and network broadcast signals should pay a fair price for access to that high-value programming.
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