Your money can be inflated away but your knowledge and talent cannot.
We enjoy the process far more than the proceeds.
The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
The smartest side to take in a bidding war is the losing side.
You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.
Be fearful when the markets get greedy, be greedy when the markets get fearful.