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A surprise mailbag! July 14, 2023

Motley Fool Money

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The Importance of Data in Auctions

I don't have a good answer, actually. I was not aware of... There was such a stark contrast between private treaty and auctions. So that's surprising. And so auction results, it is the trades on the day that matter. On one hand, what else do you use? And I think there's some value in that question. We need to remember it's not particularly necessarily accurate or even descriptive. Does it matter? Is it even... Is it representative? I'm not sure. But far more importantly than ... Is it representative is just if the trend is representative,. It probably is because you can buy... If you're in the market, you know, you buy a house

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