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Thread: Increased premium at REA
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Old 10-24-2025, 05:34 PM
raulus raulus is offline
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Quote:
Originally Posted by Peter_Spaeth View Post
Sounds awfully speculative and a bit psychobabblish to me. How do you know other people are "mentally discounting" the BP in order to rationalize their bidding? Come on.
How do you know they’re not??!!

There are studies out there showing that this is standard human behavior.

I could be misremembering, but I think that Scott has also admitted as much around here in the past. Just my recollection, and if I have misremembered, then I apologize for my mistake.
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1968 American Oil left side
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