Price vs. Value

Price vs. Value

"Price is what you pay; value is what you get." — Warren Buffet

It's easy to overlook the difference between price and value.

The distinction between labor and leverage relies upon specificity.

How long it takes to learn how to do something is a better proxy for how valuable something is than how long it takes to do something.

If you can learn to do it in a day, it only takes a day to replace you.

Price vs. Value by Visualize Value

Art history has witnessed a series of exponential leaps, not just in the production of art but, more significantly, in the reach that each new medium or technological innovation has enabled.
Leverage is as much about where you are standing as how much force you are applying.

If you are building something, it is far more useful to focus on the work you are doing to produce the result than the result itself.