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Old 05-07-2021, 07:23 AM
timzcardz timzcardz is offline
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Quote:
Originally Posted by Hankphenom View Post
. . . . . If you're sitting on 35 billion dollars and you want something you know will make you happy and you also know you will probably never have the chance to acquire it again, what could possibly make you stop short of getting it? The answer is not wanting to feel stupid, I guess. But if another person has just outbid you, doesn't that validate your bidding, no matter what level it's gotten to?
If you're sitting on $35 billion you likely did not get to that point by paying more than you value something at (which is not to say that someone else doesn't have a higher valuation).

Not likely that you would suddenly change your approach.
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