Quote:
Originally Posted by frankbmd
To link valuation to TPG fees assumes that the TPG spends more time grading high value cards. Do they?
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Think of it more like women in line to get into a chic night club. The hot ones go to the front of the line and get in faster, while the average ones stay in queue. The hot ones valuation might be higher (as they get a more thorough going over by the eyes of the other guests), but once they're in the door, it doesn't matter to the night club owner.
