Chris’s Techdirt Profile

revbaker

About Chris




Chris’s Comments comment rss

  • Apr 11th, 2010 @ 7:10am

    Re: Re: Re: Re:

    Anonymous Coward and Anti-Mike, I have enjoyed your banter here and would like to make one comment of fact. Price is literally a fact and value is literally an opinion, and in the instance in which it is used in your remarks, it appears you are both dancing with market value. There is also "value to a specific user" which can be different from both price (a fact such as cost) and market value (opinion by a large segment of the market as a whole). The great thing is that all of these numbers can be different. There are many more types of value but and price (or cost) can be greater, less than, or equal to market value as well as the many other types of value. Just remember price is a fact and value is an opinion. Cheers!

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it