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Quote of the Day: “Price Is What You Pay; Value Is What You Get” Warren Buffett

Buffett

Warren Buffett, the longtime leader of Berkshire Hathaway and one of the best-known investors in history, wrote this sentence in his 2008 shareholder letter. He did not claim it as his own. He told readers that his teacher, Benjamin Graham, taught him long ago that “Price is what you pay; value is what you get.” … Read more

“We are never short of money. We lack people with dreams, who can die for those dreams.” – Jack Ma

We are never short of money. We lack people with dreams, who can die for those dreams. - Jack Ma

Most founders assume their biggest obstacle is funding. Jack Ma, the man who built Alibaba into one of the largest internet companies in the world, argues the opposite. Money, in his view, tends to find its way to a genuinely convincing idea. What is actually scarce is the kind of conviction that keeps a person … Read more