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I don't think that's what I'm saying. I'm saying that in any transaction, the value transferred could be more or less for either party. If I go to auction, I c
by neogodless 7y ago
I don't think that's what I'm saying.
I'm saying that in any transaction, the value transferred could be more or less for either party. If I go to auction, I can buy something for $1 and sell it later for $100. Did I get more than I paid for? I think so. Because the auction house doesn't want to do the leg work of finding a qualified buyer, they are happy to get $1 instead of dumping the item in the trash, but it's still more valuable than the purchase price.
Purchase price does not dictate ultimate value. There are many ways to evaluate the value of something.