The smartest side to take in a bidding war is the losing side.
A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.
You don't want 300 million Americans putting their money under the mattress.
We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.
We enjoy the process far more than the proceeds.
It is madness to risk losing what you need in pursuing what you simply desire.