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Re: Alex, the bottom line. (494 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. (1088 Views)
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Mall |
06/14/2005 09:30AM |
Re: Alex, the bottom line. (691 Views)
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HP |
06/14/2005 10:21AM |
Re: Alex, the bottom line. (651 Views)
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Silver Charm |
06/14/2005 11:59AM |
Re: Alex, the bottom line. (4204 Views)
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06/14/2005 03:09PM |
Re: Alex, the bottom line. (565 Views)
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HP |
06/14/2005 04:53PM |
Re: Alex, the bottom line. (494 Views) |
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06/15/2005 05:41PM |
Re: Alex, the bottom line. (595 Views)
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Mall |
06/14/2005 05:46PM |
Re: Alex, the bottom line. (494 Views)
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06/15/2005 05:54PM |
Re: Alex, the bottom line. (491 Views)
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magicnight |
06/15/2005 06:46PM |
Re: Alex, the bottom line. (515 Views)
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06/15/2005 07:23PM |
Re: Alex, the bottom line. (454 Views)
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bdhsheets |
06/16/2005 01:09AM |
Re: Alex, the bottom line. (446 Views)
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06/16/2005 08:33AM |
Re: Alex, the bottom line. (548 Views)
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Mall |
06/15/2005 08:29PM |
Re: Alex, the bottom line. (504 Views)
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SoCalMan2 |
06/16/2005 03:02AM |
Re: Alex, the bottom line. (502 Views)
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06/16/2005 08:29AM |
Re: Alex, the bottom line. (487 Views)
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Chuckles_the_Clown2 |
06/16/2005 10:36AM |
Re: Alex, the bottom line. (478 Views)
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richiebee |
06/16/2005 11:28AM |
Re: Alex, the bottom line. (477 Views)
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Chuckles_the_Clown2 |
06/16/2005 12:09PM |
Re: Alex, the bottom line. (464 Views)
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richiebee |
06/16/2005 12:38PM |
Re: Alex, the bottom line. (541 Views)
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06/16/2005 01:40PM |
Re: Alex, the bottom line. (505 Views)
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06/16/2005 10:35AM |
Re: Alex, the bottom line. (465 Views)
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HP |
06/16/2005 10:45AM |
Re: Alex, the bottom line. (534 Views)
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06/16/2005 11:04AM |
Re: Alex, the bottom line. (482 Views)
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JimP |
06/16/2005 11:59AM |
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