Quote:
Originally Posted by Goudey77
Oh I didn’t mean PWCC adds a premium. If you want to win an auction these days you’ve gotta place a 20% premium on the bid price to have a chance. Overbidding is the new fair market value bidding.
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I think the way to look at it is as having future earnings baked into the price. Because in theory, if someone is willing to pay a price, regardless of what anyone else thinks of said price, that's the market value. Yes, it's a market of one, but that's all it takes.