[raulus]

Sounds like you're primarily buying from AHs so that you can re-sell through other AHs?

If so, then I agree that you're not likely to find many deals that you can flip that way. I could see a twist on that strategy working, if you were looking to buy obscure stuff that might get overlooked at auction, and then turn around and market it through some other venue, like eBay BIN or some fixed-price marketplace.

There's no question that the everything rally these days sure makes most assets seem crazy expensive, whether we're talking about stocks or real estate or bitcoin or even gold. But while the music is playing, you kind of have to get up and dance, unless you want to sit on all of your cash and just be patient while everything keeps going nuts, in the hope that someday the music will finally stop.