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by omarfarooq 968 days ago
> If I pay someone $100,000 for a stick they found on the side of the road, it doesn't make that stick worth $100k.

So why did you pay $100,000?

1 comments

This line of thinking is so basic. Say I bought a lotto ticket for $5. Does that mean it's worth $5?
Say I bought this cabbage...

When you bought that $5 lotto ticket, it was worth $5. After the lotto is drawn, it's either worth approximately nothing or potentially a lot more than $5.