Precisely!FUCHSAUDIO wrote:My late Dad used to say " something is only worth what someone is willing to pay for it....".Max wrote:Hi Andy,FUCHSAUDIO wrote: You can barely can get a Dumble at a fair price used.
Isn't any price, that is a result of the free acting of people (sellers, buyers) on any given market "fair" by definition? Cheers Max
Conclusion 1:
If some buyer is willing to pay $38,000 today for ODS #xyx, todays "fair price" for ODS # xyz is $ 38,000.
Conclusion 2:
As you see, this buyer got ODS #xyz exactly for todays "fair price" ($ 38,000).
Conclusion 3:
As you see, your statement, that "you can barely can get a Dumble for a fair price" is wrong and contradictional to your late dads valid statement, that "something is only worth what someone is willing to pay for it".
Thumbs up for your late dad!
Cheers
Max