Topic: 4) A Random Walk
Now I'm no expert when it comes to pricing real estate in terms of advertising dollars (although I could probably put my quant-head genes to work), but methinks this guy sold out too cheap. Efficient market theory, auction theory, winner's curse, ... ba humbug ... set a higher reserve price, man!
Posted by sshu-s4 (c) S4 Management Group LLC at 10:01 AM CST
Updated: January 31, 2005 10:05 AM CST