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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Tradelite who wrote (145393)1/22/2002 11:01:15 PM
From: reaper  Read Replies (1) of 436258
 
<<real estate is worth exactly what people are willing and able to pay for it>>

sir, you confuse the concepts of "worth" and "price". don't worry, you are not alone as nobody in the financial media and only 0.000001% of Wall Streeters know the difference.

in very rare instances (sort of like when Halley's Comet is visible to the earth) "worth" and "price" co-incide. at all other times they are completely dis-connected from each other, and it is only by random confluences of events that they are ever the same.

Cheers
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