Humans are intelligent?

Navy · 03-31-2003, 10:41 PM

Gents and especially Wes,

While I agree completely that a substantial part of the human race is a total waste of DNA, there is at least one very good reason for maxing out an auction bid early: You know what you wish to pay for an item.

This saves loads of time and angst by avoiding the "Damn, I gotta check on my bids" scenario.

I see something I like, figure what is the max I will pay and that is my opening (and generally my closing) bid.

The lesson I have learned over time is that almost ANYTHING you seek will come up at auction again; the rarer stuff comes flowing out as the prices rise. There is some ecomomics platitude that addresses this, but I don't remember which Scotsman wrote it down.

Damn, ain't America great! Get enough money chasing something and it will appear.
My zwei pfennigs.
Tom A.

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03-31-2003, 10:41 PM	#6
Navy RIP Join Date: Jun 2002 Location: Dc 'burbs in Virginia Posts: 2,482 Thanks: 0 Thanked 16 Times in 10 Posts	Gents and especially Wes, While I agree completely that a substantial part of the human race is a total waste of DNA, there is at least one very good reason for maxing out an auction bid early: You know what you wish to pay for an item. This saves loads of time and angst by avoiding the "Damn, I gotta check on my bids" scenario. I see something I like, figure what is the max I will pay and that is my opening (and generally my closing) bid. The lesson I have learned over time is that almost ANYTHING you seek will come up at auction again; the rarer stuff comes flowing out as the prices rise. There is some ecomomics platitude that addresses this, but I don't remember which Scotsman wrote it down. Damn, ain't America great! Get enough money chasing something and it will appear. My zwei pfennigs. Tom A.