Come Quote by Alexander Gilkes

Auctions create greater price discovery and liquidity, resulting in a very meaningful final auction price. If you were building a securities exchange today, an…

— Tyler Winklevoss

By nature, an auction is kind of a wholesale beast anyway. You're buying second hand goods, even with the historical, antique or aesthetic value.…

— Paul Brown

My theory with the auctions has been to try to make them like a party, like a social event. If people are having a…

— Paul Brown

We're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the…

— Nathan Myhrvold

I don't know much about auctions. I sometimes go to previews and see art sardined into ugly rooms. I've gawked at the gaudy prices,…

— Jerry Saltz

Auctions are bizarre combinations of slave market, trading floor, theatre and burlesque... a lot of people are going to be making a lot of…

— Jerry Saltz

Auction houses run a rigged game. They know exactly how many people will be bidding on a work and exactly who they are. In…

— Jerry Saltz

Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.

— William Vickrey

Well the open-outcry auction is just made to turn the brain into mush: you've got social proof, the other guy is bidding, you get…

— Charlie Munger

Sometimes, something of someone is liked too much not because it holds too much value or has a true value, but because there are…

— Anonymous

The lesson here, and my advice for other developers, is to find a way that you can quantify for people what your product is…

— Bob Horner

The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…

— Warren Buffett