3 ms·
I don't think it's much good as an approximation of value, but it seems ok as an approximation of cost.
by regularfry 2y ago
I don't think it's much good as an approximation of value, but it seems ok as an approximation of cost.
- brookst 2y agoFair, cost and value are only loosely related. Trying to price based on cost always turns into a mess.
- regularfry 2y agoIts what you do when you're a commodity.