New T206 Doyle NATL Coming to REA

[Peter_Spaeth]

Originally Posted by raulus

Or maybe, "I can totally totally swing $1.3M, but at $1.4M, that's just ludicrous."

I think at least some people who worked their way towards that kind of wealth are disciplined and won't necessarily go over their limit just because they can.

[raulus]

Originally Posted by Peter_Spaeth

I think at least some people who worked their way towards that kind of wealth are disciplined and won't necessarily go over their limit just because they can.

I like where your head is at.

But I'm not convinced that the filthy rich are any more disciplined than the rest of us poor slobs. Maybe I've just known too many rich people who seem like they are just as human as the rest of us.

My inclination is to suspect that the underbidder here probably decided to stop when it hit $1M. Then decided "what the hell, I can stretch a little more", and bid again. A little later, made the same decision, and all of a sudden it's up to $1.3M, at which point the underbidder decided they were done.

[Leon]

Originally Posted by Peter_Spaeth

I think at least some people who worked their way towards that kind of wealth are disciplined and won't necessarily go over their limit just because they can.

Everyone has their limit. One of the billionaires said if you watch your pennies you don't have to watch your dollars.
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