Value Estimation Quotes

Philosophy is the science of estimating values. The superiority of any state or substance over another is determined by philosophy. By assigning a position of primary importance to what remains when all that is secondary has been removed, philosophy thus becomes the true index of priority or emphasis in the realm of speculative thought.

It seems to me probable that of all our economic life the element on which we are inclined to place too low an estimate is advertising.

The value of a thing is what that thing will bring. -Legal Maxim

In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.

The greatest of all gifts is the power to estimate things at their true worth

In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed.

Valuation is what people are willing to pay.

I don't think anybody's really been successful with theorizing about value or creating a price theory.