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Quote: "The stock market is filled with individuals who know the price of everything, but the value of nothing."
Author: Philip Fisher
Explanation: This quote highlights the distinction between price and value in investing. Many investors focus solely on the current price of stocks without truly understanding their underlying value, which includes factors like the company's long-term potential, growth prospects, and financial health. Fisher emphasizes the importance of value investing, where one looks beyond the price tag and invests in assets that are undervalued by the market but have strong fundamentals. Understanding value helps in making better long-term investment decisions rather than being swayed by short-term price fluctuations.