remote_phone
Joined 8 years ago
Joined 8 years ago
The first few times I definitely encountered winners curse. But the real/only solution is having accurate price discovery and having a game plan. I will do research to find the current market value and bid in the bottom end of the range. If I miss it, the market is liquid enough such that I can try again and if i hit it, then I am happy because I got it for a low price.
On items with lower liquidity and availability I still need to be patient and disciplined with my bidding. This is the only way to do online auction bidding.
Oh and also sniping in the last 30 seconds.
I love it.
I emphasize this story to my kids because knowing isn’t important because everyone eventually figure it out. It’s the ones who can do the problems and get good marks that succeed in the end.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4243788/
Workers with heavy exposure to asbestos have a similar risk of lung cancer as persons with low or no exposure 20 years after the exposure has ended.
Link?
If you watch and enjoy YouTube in any capacity you should be ensuring that the creators get paid otherwise you’re robbing yourself of content.