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About this quote

What does it mean?
It is better to overpay for a good product than to underpay for a bad one.
In plain terms
Quality matters more than the price.
What can you take from it?
Prioritize quality over low price.

Where it applies

  • shopping
  • hiring
  • procurement

Putting it to work

  • check quality
  • pay fair price
  • avoid cheap

Questions to consider

  • Do you buy cheap often?
  • Is quality worth more?

Another view

Sometimes low price is genuinely better for the buyer.

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