Never be a forced buyer. Never be
a forced seller. Price is simply a clearing mechanism. It takes all the demand
and matches it to the supply. Force manipulates that price. Markets work best
when there is full information. When everyone knows, and understands,
everything there is to know about the product. When everyone understands all
the alternatives that are available. When both parties willingly and eagerly
exchange a thing or a service for a price. A price below what the good or
service is worth to the buyer. A price above what the good or service is worth
to the seller. That is how value is created. Remove transparency, add force,
and you create a pressure cooker. Pressure cookers left too long explode. If
transactions seem like they are being forced, the best investment decision is
normally to walk away.
Under Pressure
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