Price is what you pay. Value is what you get.
Average investors are often seen investing money in companies which they have no idea about. Investing in equity is not just about buying stocks at cheap price and selling them at higher price. Mr. Buffett mentions the clearer difference between Price and Value. Investors must buy stocks which hold quality with regards to long period of time you are invested.The value is often seen in the companies with excellent management and business with a good pattern of growth in the long run. Ultimately price that you pay doesn’t make money but value that you get does.