View Single Post
  #22  
Old 07-07-2019, 07:56 PM
steve B steve B is offline
Steve Birmingham
Member
 
Join Date: Sep 2009
Location: eastern Mass.
Posts: 8,102
Default

Quote:
Originally Posted by mferronibc View Post
Yeah I guess philosophically you can look at it from both sides. If as the buyer my max bid is truly how much I am ultimately willing to pay for something then maybe that should always be the amount of the sale. Anything under feels good to me as a “discount” but actually represents an imperfect market. When you look at an item the questions isn’t “what’s the most someone else is willing to pay for that and I’ll pay a dollar more” it should be “what am I willing to pay for it”, shouldn’t it?
Given an unlimited budget perhaps.

For those of us who have to choose between items, knowing what someone else might pay is only part of the equation in figuring out what to bid, or so move on and not waste my time on something I'm sure to loose.
Reply With Quote