VALUE QUOTES III
quotations about value
Kings make men as they do pieces of money; they put what value they please on them, and we are compelled to receive them according to the value put on them, and not according to their true worth.
LA ROCHEFOUCAULD
attributed, Day's Collacon
When the well's dry, we know the worth of water.
BENJAMIN FRANKLIN
Poor Richard's Almanack
Rather than purchasing a product or service, customers buy the value and utility that a company puts into its goods or services. The value a company adds to its products is what convinces its customers to purchase them.
ANONYMOUS
"Value added -- definition and meaning", Market Business News, April 30, 2017
I suggest that sentimental value is probably the highest price a product would bring. For example, my first car was a 1968 Chevrolet Camaro. If I could by that specific car I would be willing to pay more than market value. Nostalgia has a way of influencing value. If I could buy my grandparents' homestead I would pay more. What would the wedding ring my great grandfather gave to my grandmother be worth to me. Probably a lot more than to anyone else because of its sentimental value.
PHIL HARDWICK
"It's all about value", Mississippi Business Journal, May 4, 2017
The very statement that something is "not for sale" affirms, enhances, and protects a thing's value in a number of ways. Proclaiming a thing "not for sale" is a way of showing that the thing is valued for its own sake.
MARTIN WACHS
Ethics in Planning
The greatest value of an object lies not in its possession, but anticipation; and the covetousness of all things far exceeds their true worth.
ANTHONY LISLE
The Westminster Review, January 1914
It is a poor dog that's not worth whistling for.
ENGLISH PROVERB
The values of commodities are directly as the times of labor employed in their production, and are inversely as the productive powers of the labor employed.
KARL MARX
Value, Price, and Profit
Value is a good strategy. It's a good long-term strategy. It's not a perfect strategy. It doesn't make money all the time. It is not a super high Sharpe ratio strategy. It is a strategy that can have long periods of underperformance, and that doesn't surprise me.
RONEN ISRAEL
"Value's Rough Patch Not a Concern for AQR's Ronen Israel", Morningstar, April 27, 2017
Have you ever thought about what you value? It seems like a simple question, but if you were to list the five most important things or people in your life right now, what or who would be on that list? This isn't a trick question. It isn't about me judging you if you have a "thing" on your list. While I believe humans are immensely valuable, I don't think it's necessarily wrong to put an object on your list. When you ask this question to students, you get a wide variety of answers. You get the ones that are maybe more object focused, the ones that you're pretty sure have being the Crazy Cat Lady as their life goal, the ones who think long and hard about what is going into those spots, and the ones that want to ruin your demonstration (seriously, who would naturally list oxygen). If you really want to make them squirm, have them mark items off their list one at a time. They experience the stages of grief. They start by bargaining. "Do I really need to get rid of one? I mean, it's just an example. Can I just say 'family' and free up one spot instead of listing 'mom' and 'dad'?" Then comes anger. "I can't believe you are making me do this. I hate you!" Denial normally hits after that. "I'm just going to pretend I didn't hear that." Then comes sadness. "I just can't do this anymore. Is class almost over?" Finally, acceptance sets in, and we have to go through it all again when I have them mark another item off, until we get to just one thing. That one thing left on the list will look different for everyone. It may be a car, a family member, an ability or even a goal. But whatever is left on that list, it is the most important thing about that person. That's what has their attention. Their focus.
TIFFANY SOYSTER
"The Real Valuables", Rhea Herald News, April 7, 2017
One of the central discoveries that led to modern economics was what is called the subjective theory of value--the notion that a thing's value cannot be sought in the thing itself or in any objective criterion or standard, but, rather, in what an individual is willing to sacrifice in order to get it.
JAMES R. OTTESON
Adam Smith
The value of a thing is to be estimated by what it is worth in money.
JOHN BOUVIER
attributed, Day's Collacon
Brand value is what accounts for the difference in price between two instances of the same commodity. Often, the cheapest commodity is also the one with the least identity.
DENA YAGO
"On Ketamine and Added Value", e-flux, May 4, 2017
What we obtain too cheap, we esteem too lightly; it is dearness [high cost] only that gives everything its value.
THOMAS PAINE
The American Crisis
What we have we prize not to the worth
Whilse we enjoy it, but being lacked and lost,
Why, then we rack the value, then we find
The virtue that possession would not show us
Whiles it was ours.
WILLIAM SHAKESPEARE
Much Ado About Nothing
One man's trash is another man's treasure.
ENGLISH PROVERB
Only a fool thinks price and value are the same.
ANTONIO MACHADO
attributed, Got 90 Seconds
Under the ideal measure of values there lurks the hard cash.
KARL MARX
Das Kapital
There is no such thing as an absolute value in this world. You can only estimate what a thing is worth to you.
CHARLES DUDLEY WARNER
My Summer in a Garden
What is false in the science of facts may be true in the science of values.
GEORGE SANTAYANA
Interpretations of Poetry and Religion