re: Why do OT Ballers hate diamonds and new cars?

quote:

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Do you really need a lesson in this? This is like first day of micro.

For the buyer: If you buy a $1 potato, is the potato worth more or less to you than $1? It's worth more to you or you would have just kept your $1.

For the seller: If you sell a potato for $1, the potato is actually worth less to you than $1 or you would have just kept the potato.