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— Anuj"Sometimes, something of someone is liked too much not because it holds too much value or has a true value, but because there are too many bidders and buyers to have the same thing at the resale value."
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I ended up buying business.com for $150,000 because I wanted to make it a magazine. It would have been a 'Time'-type magazine: how to do business on the Internet. And I was offered a lot of money for that domain. I played two buyers against each other.
— Marc Ostrofsky
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Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when stocks are going up, he happily pays more than their objective value; and, when they are going down, he is desperate to dump them for less than their true worth.
— Benjamin Graham
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