Quote:
|
Originally Posted by jorgelito
Ace, I have to add or amend to what you are saying. I don't believe it's a zero-sum game (necessarily), I believe that both parties can be winners. If you sell or buy at a price you like and same for me, then we both win. That's what I like about free markets.
|
I agree. I got carried away with the discussion in terms of the market being out of balance.
When two parties transact with the same information and the same method for establishing value then it is a question of different variables, i.e. I might use an 8% discount rate and you use 10%, or perhaps you or I are buying and selling for different reasons, like retirement, etc. These transactions are actually the most fun, because you don't mind having lunch with the guy or gal afterward.
