A Quote by Charlie Munger
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.
Related Quotes
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.
It is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buyer is informed and experienced and he practices adequate diversification. For, if the price is low enough to create a substantial margin of safety, the security thereby meets our criterion of investment.
Whatever the price, identify it now. What will you have to go through to get where you want to be? There is a price you can pay to be free of the situation once and for all. It may be a fantastic price or a tiny one - but there is a price.
Whatever the price, identify it now. What will you have to go through to get where you want to be? There is a price you can pay to be free of the situation once and for all. It may be a fantastic price or a tiny one -- but there is a price.
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.
Where quality is the thing sought after, the thing of supreme quality is cheap, whatever the price one has to pay for it.
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.
My dad used to tell me, 'Check the price, son.' Check the price, kids, check the price because there is a price to be paid for whatever you do in life, whether it is good or it is bad. Before you do something, ask yourself is it worth the price you have to pay?
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.
Being on par in terms of price and quality only gets you into the game. Service wins the game.
Everything you want in life has a price connected to it. There's a price to pay if you want to make things better, a price to pay just for leaving things as they are, a price for everything.
For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
I've a theory that one can always get anything one wants if one will pay the price. And do you know what the price is, nine times out of ten? Compromise.
I made mistakes and I broke the law and I'm more than willing to pay a price for that. But there's a price beyond that that my children have paid, and that's not what was supposed to happen.
Everything has a price, including both success and failure. Choose either one and be prepared to pay the price.
What I do is provide a quality product with a quality taste, that's sustainable, and present it with a proper price structure so when people see it on the shelves, they will want to try it.
Related Authors
Bill Gates Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Elon Musk Quotes
South African
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman