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About this quote

What does it mean?
Inexperienced things mistake their market price for their intrinsic worth.
In plain terms
New things often confuse cost with value.
What can you take from it?
Price does not equal value.

Where it applies

  • investing
  • shopping
  • career choices

Putting it to work

  • assess true worth
  • look beyond price
  • learn patience

Questions to consider

  • What is worth more than its price?
  • How do you determine value?

Another view

Price often signals scarcity or demand which has its own value.

More from Antonio Machado

  1. Only a fool thinks price and value are the same.

    Permalink to quote #1
  2. there are four things that man own that are no use at sea, a compass, a rudder, a sail and the fear of going down.

    Permalink to quote #3
  3. Caminante, no hay camino / Se hace camino al andar. = Walker, there is no path. The path is made by walking.

    Permalink to quote #4

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  1. Only a fool thinks price and value are the same.

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  2. Nowadays people know the price of everything and the value of nothing.

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  3. It seems to be a law of American life that whatever enriches us anywhere except in the wallet inevitably becomes uneconomic.

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