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About this quote

What does it mean?
Value is subjective and determined by the buyer.
In plain terms
Something is only as valuable as someone is willing to pay for it.
What can you take from it?
Value depends on market demand not intrinsic worth.

Where it applies

  • pricing goods
  • assessing art

Putting it to work

  • price based on demand
  • negotiate value

Questions to consider

  • Who decides value?
  • Is price always fair?

Another view

Intrinsic value sometimes exists independent of price.

More from Publilius Syrus

  1. No one knows what he can do till he tries.

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  2. Better to be ignorant of a matter than half know it.

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  3. It takes a long time to bring excellence to maturity.

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