A Quote by Ellis Peters

Truth can be costly, but in the end it never falls short of value for the price paid. — © Ellis Peters
Truth can be costly, but in the end it never falls short of value for the price paid.
Despite its successes, in the end, philosophical thinking always falls short of its real goal. It involves both the wonder of aspiring toward the Truth and the distress of falling short of that Truth. In this way, philosophy can be characterized as wondrous distress.
Going after a dream has a price. It may mean abandoning our habits, it may make us go through hardships, or it may lead us to disappointment, et cetera. But however costly it may be, it is never as high as the price paid by people who didn't live. Because one day they will look back and hear their own heart say: 'I wasted my life.'
I don't value authority. I don't value the systems. I don't value patriarchal religion. I don't value the things that diminish you when you do tell the truth. So I'm not scared of the end result, and that is the biggest asset I have.
If there is no price to be paid, it is also not of value.
I used to think that good short-sellers could be trained like long-focused value investors because it should be the same skill set; you’re tearing into the numbers, you’re valuing the businesses, you’re assigning a consolidated value, and hopefully you’re seeing something the market doesn’t see.But now I’ve learned that there’s a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.
[T]he price you've paid is not the price of becoming human. It's not even the price of having the things you just mentioned. It's the price of enacting a story that casts mankind as the enemy of the world.
Edge also implies what Ben Graham....called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ...Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."
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?
[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening).
It is a mistake to apply American democratic procedures to the faith and the truth. You cannot take a vote on the truth. The value of democracy stands or falls with the values which it embodies and promotes.
Sometimes truth is costly but not nearly as costly as deception.
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.
We honor the old prophets, we honor the Tozers and Spurgeons but we don’t want to pay the price they paid, and they paid the price by being men who walked alone who lived with God and who loved His word.
Everything has its price - and if that price is not paid, not that thing but something else is obtained... it is impossible to get anything without this price.
Oh, my Lord! How true it is that whoever works for you is paid in troubles! And what a precious price to those who love you if we understand its value.
All these retailers these days are under pressure. Why? It's because... for the last 30 years, value equaled price. But now, value equals price, convenience, and a little bit of brand.
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