pull down to refresh
It is the marginal value to the person making the decision. He uses the baker with 4 loaves of bread as an example.
reply
pull down to refresh
It is the marginal value to the person making the decision. He uses the baker with 4 loaves of bread as an example.
I think it's because people believe that what they invest in has a lot of value for them even if it doesn't seem that way for the market.