Episode Details
Back to EpisodesWhy You See "Buying, 80%" (And What to Do About It)
Episode 50
Published 5Â months, 2Â weeks ago
Description
Every Facebook card group has the post. Cash in hand. Buying at 80% of comp. Same wording, different accounts, every week.
Nobody asks where the 80% came from. Today we do.
This episode walks through the why of that number, the three cognitive biases that keep sellers accepting, and two practical things to do so we can stop seeing those posts.
Why this practice preys on the very people we should safeguard for the long term good of The Hobby: New Entrants.
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