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Re: Alex, the bottom line. (491 Views)
Posted by: (IP Logged)
Date: June 15, 2005 05:41PM
I agree with you. You can't get people to stop overpaying in the short term, but the economics of a situation don't change just because people are being idiots. Ultimately, those that are dramatically overpaying for yearlings will lose so much money they will either be forced out of the game or come to their senses. At that point, the prices will fall or remain flat for a very long period of time because there will be fewer bidders and more sound thinking. It often takes awhile for a bubble to pop though.
Alex, the bottom line. (1079 Views)
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Mall |
06/14/2005 09:30AM |
Re: Alex, the bottom line. (687 Views)
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HP |
06/14/2005 10:21AM |
Re: Alex, the bottom line. (647 Views)
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Silver Charm |
06/14/2005 11:59AM |
Re: Alex, the bottom line. (4200 Views)
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06/14/2005 03:09PM |
Re: Alex, the bottom line. (561 Views)
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HP |
06/14/2005 04:53PM |
Re: Alex, the bottom line. (491 Views) |
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06/15/2005 05:41PM |
Re: Alex, the bottom line. (592 Views)
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Mall |
06/14/2005 05:46PM |
Re: Alex, the bottom line. (490 Views)
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06/15/2005 05:54PM |
Re: Alex, the bottom line. (486 Views)
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magicnight |
06/15/2005 06:46PM |
Re: Alex, the bottom line. (511 Views)
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06/15/2005 07:23PM |
Re: Alex, the bottom line. (450 Views)
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bdhsheets |
06/16/2005 01:09AM |
Re: Alex, the bottom line. (441 Views)
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06/16/2005 08:33AM |
Re: Alex, the bottom line. (544 Views)
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Mall |
06/15/2005 08:29PM |
Re: Alex, the bottom line. (499 Views)
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SoCalMan2 |
06/16/2005 03:02AM |
Re: Alex, the bottom line. (498 Views)
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06/16/2005 08:29AM |
Re: Alex, the bottom line. (483 Views)
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Chuckles_the_Clown2 |
06/16/2005 10:36AM |
Re: Alex, the bottom line. (473 Views)
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richiebee |
06/16/2005 11:28AM |
Re: Alex, the bottom line. (472 Views)
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Chuckles_the_Clown2 |
06/16/2005 12:09PM |
Re: Alex, the bottom line. (460 Views)
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richiebee |
06/16/2005 12:38PM |
Re: Alex, the bottom line. (536 Views)
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06/16/2005 01:40PM |
Re: Alex, the bottom line. (501 Views)
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06/16/2005 10:35AM |
Re: Alex, the bottom line. (460 Views)
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HP |
06/16/2005 10:45AM |
Re: Alex, the bottom line. (530 Views)
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06/16/2005 11:04AM |
Re: Alex, the bottom line. (476 Views)
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JimP |
06/16/2005 11:59AM |
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