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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,819
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Quote:
Originally Posted by speeder
It doesn't matter whether he "bought it to flip", that's completely irrelevant. What something is worth is what more than one, uninformed buyer will pay for it.
If I sell a used car with a street value of $10k to some poor fool for $20k, that doesn't magically make it worth $20k. What part of this confuses you?
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Had to be more than one potentail buyer to get the bid that high, eh? Guess that's not relevant in this case?
Like I said, buying and selling isn't always completely about the money for one or both parties.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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