Auction Bidding Quotes

Looks like someone's suffering the Winner's Curse." Kestrel turned to her. "What do you mean?" "You don't come to auctions often, do you? The Winner's Curse is when you come out on top of the bid, but only by paying a steep price.

Me.” He tilted his head, holding my gaze. “That’s what’s being auctioned.” His voice matched the quality of his eyes, making a shiver trail down my arms. “And that’s what you’ll be bidding on tonight, Catalina. Me.

And a variety of more colorful names. Hypothetically.” The privateer cast him an assessing glance. “Just how did you know I wasn’t who I claimed to be, Mister Brekker?” Kaz shrugged. “You speak Kerch like a native—a rich native. You don’t talk like someone who came up with sailors and street thugs.” The privateer turned slightly, giving Kaz his full attention. His ease was gone, and now he looked like a man who might command armies. “Mister Brekker,” he said. “Kaz, if I may? I am in a vulnerable position. I am a king ruling a country with an empty treasury, facing enemies on all sides. There are also forces within my country that might seize any absence as an opportunity to make their own bid for power.” “So you’re saying you’d make an excellent hostage.” “I suspect that the ransom for me would be considerably less than the price Kuwei has on his head. Really, it’s a bit of a blow to my self-esteem.” “You don’t seem to be suffering,” said Kaz. “Sturmhond was a creation of my youth, and his reputation still serves me well. I cannot bid on Kuwei Yul-Bo as the king of Ravka. I hope your plan will play out the way you think it will. But if it doesn’t, the loss of such a prize would be seen as a humiliating blunder diplomatically and strategically. I enter that auction as Sturmhond or as no one at all. If that is a problem—” Kaz settled his hands on his cane. “As long as you don’t try to con me, you can enter as the Fairy Queen of Istamere.

The tremendous leisure industry that has arisen in the last few generations has been designed to help fill free time with enjoyable experiences. Nevertheless, instead of using our physical and mental resources to experience flow, most of us spend many hours each week watching celebrated athletes playing in enormous stadiums. Instead of making music, we listen to platinum records cut by millionaire musicians. Instead of making art, we go to admire paintings that brought in the highest bids at the latest auction. We do not run risks acting on our beliefs, but occupy hours each day watching actors who pretend to have adventures, engaged in mock-meaningful action.

Here I am, proud as Greek god, and yet standing debtor to this blockhead for a bone to stand on! Cursed be that mortal inter-indebtedness which will not do away with ledgers. I would be free as air; and I'm down in the whole world's books. I am so rich, I could have given bid for bid with the wealthiest Praetorians at the auction of the Roman empire (which was the world's); and yet I owe for the flesh in the tongue I brag with. By heavens! I'll get a crucible, and into it, and dissolve myself down to one small, compendious vertebra.

Absurd. It was absurd to think that someone like that could have any power over him. Yet she would, if she won the auction. He wanted her to. The thought swept Arin with a merciless, ugly joy. He'd never seen her before, but he guessed who she was: Lady Kestrel, General Trajan's daughter. The crowd heard her bid. And at once it seemed that Arin was worth something after all.

What do you hope to acquire when you bid at a prestigious evening auction at Sotheby’s? A bundle of things: a painting of course, but hopefully also a new dimension to how people see you. As Robert Lacey described it in his book about Sotheby’s, you are bidding for class, for a validation of your taste.

Twas battered and scarred, and the auctioneer Thought it scarcely worth his while To waste much time on the old violin, But held it up with a smile. “What am I bidden, good folks,” he cried, “Who’ll start the bidding for me?” “A dollar, a dollar. Then two! Only two? Two dollars, and who’ll make it three?” “Three dollars, once; three dollars, twice; Going for three…” But no, From the room, far back, a grey-haired man Came forward and picked up the bow; Then wiping the dust from the old violin, And tightening the loosened strings, He played a melody pure and sweet, As a caroling angel sings. The music ceased, and the auctioneer, With a voice that was quiet and low, Said: “What am I bid for the old violin?” And he held it up with the bow. “A thousand dollars, and who’ll make it two? Two thousand! And who’ll make it three? Three thousand, once; three thousand, twice, And going and gone,” said he. The people cheered, but some of them cried, “We do not quite understand. What changed its worth?” Swift came the reply: “The touch of the Master’s hand.” And many a man with life out of tune, And battered and scarred with sin, Is auctioned cheap to the thoughtless crowd Much like the old violin. A “mess of pottage,” a glass of wine, A game — and he travels on. He is “going” once, and “going” twice, He’s “going” and almost “gone.” But the Master comes, and the foolish crowd Never can quite understand The worth of a soul and the change that is wrought By the touch of the Master’s hand.

Looks like someone’s suffering the Winner’s Curse.” Kestrel turned to her. “What do you mean?” “You don’t come to auctions often, do you? The Winner’s Curse is when you come out on top of the bid, but only by paying a steep price.

When supply can't keep up with demand, the result is bidding wars. And in bidding wars, there are always winners and there are always losers. There are no mutually beneficial outcomes. So from an economic perspective, this is extremely wasteful.

In his early twenties, a man started collecting paintings, many of which later became famous: Picasso, Van Gogh, and others. Over the decades he amassed a wonderful collection. Eventually, the man’s beloved son was drafted into the military and sent to Vietnam, where he died while trying to save his friend. About a month after the war ended, a young man knocked on the devastated father’s door. “Sir,” he said, “I know that you like great art, and I have brought you something not very great.” Inside the package, the father found a portrait of his son. With tears running down his cheeks, the father said, “I want to pay you for this.ℍ “No,” the young man replied, “he saved my life. You don’t owe me anything.ℍ The father cherished the painting and put it in the center of his collection. Whenever people came to visit, he made them look at it. When the man died, his art collection went up for sale. A large crowd of enthusiastic collectors gathered. First up for sale was the amateur portrait. A wave of displeasure rippled through the crowd. “Let’s forget about that painting!” one said. “We want to bid on the valuable ones,” said another. Despite many loud complaints, the auctioneer insisted on starting with the portrait. Finally, the deceased man’s gardener said, “I’ll bid ten dollars.ℍ Hearing no further bids, the auctioneer called out, “Sold for ten dollars!” Everyone breathed a sigh of relief. But then the auctioneer said, “And that concludes the auction.” Furious gasps shook the room. The auctioneer explained, “Let me read the stipulation in the will: “Sell the portrait of my son first, and whoever buys it gets the entire art collection. Whoever takes my son gets everything.ℍ It’s the same way with God Almighty. Whoever takes his Son gets everything.

I couldn’t help but remember the one at my parents’ place after they had passed. I’d gone through their things and hadn’t kept much, but when it came time for the auction I’d had a strong impulse to bid on everything like some museum curator attempting to keep the collection whole.

Some equestrians were involved in the potentially lucrative business of provincial taxation, thanks to another law of Gaius Gracchus. For it was he who first arranged that tax collecting in the new province of Asia should, like many other state responsibilities, be contracted out to private companies, often owned by equestrians. These contractors were known as publicani – ‘public service providers’ or ‘publicans’, as tax collectors are called in old translations of the New Testament, confusingly to modern readers. The system was simple, demanded little manpower on the part of the Roman state and provided a model for the tax arrangements in other provinces over the following decades (and was common in other early tax raising regimes). Periodic auctions of specific taxation rights in individual provinces took place at Rome. The company that bid the highest then collected the taxes, and anything it managed to rake in beyond the bid was its profit. To put it another way, the more the publicani could screw out of the provincials, the bigger their own take – and they were not liable to prosecution under Gaius’ compensation law. Romans had always made money out of their conquests and their empire, but increasingly there were explicitly, and even organised, commercial interests at stake.

Cursed be that mortal inter-indebtedness which will not do away with ledgers. I would be free as air; and I’m down in the whole world’s books. I am so rich, I could have given bid for bid with the wealthiest Prætorians at the auction of the Roman empire (which was the world’s); and yet I owe for the flesh in the tongue I brag with. By heavens! I’ll get a crucible, and into it, and dissolve myself down to one small, compendious vertebra.

Searching the Deep Web is technically elegant, but being in it can be unpleasant. It has a bit of everything, but ultimately it’s a three-legged stool. A third of it is a vast criminal marketplace, where everything is for sale, from your credit card number to murder. There are auction sites where hit men compete for jobs. Lowest bid wins. There are sites where you can specify how your wife should die, and there are contractors who will give you a custom quote.

An Internet search produces no clues as to what Fox is up to these days. Five years ago, there was an auction item listed in a brochure for the Galer Street School, a private school in Seattle. It read, “CUSTOM TREE HOUSE: Third-grade parent Bernadette Fox will design a tree house for your child, supply all materials, and build it herself.” I contacted the head of school about this auction item. She emailed back: “According to our records, this auction item received no bids and went unsold.

instead of using our physical and mental resources to experience flow, most of us spend many hours each week watching celebrated athletes playing in enormous stadiums. Instead of making music, we listen to platinum records cut by millionaire musicians. Instead of making art, we go to admire paintings that brought in the highest bids at the latest auction. We do not run risks acting on our beliefs, but occupy hours each day watching actors who pretend to have adventures, engaged in mock-meaningful action.

Hist, then. How dost thou know that some entire, living, thinking thing may not be invisibly and uninterpenetratingly standing precisely where thou now standest; aye, and standing there in thy spite? In thy most solitary hours, then, dost thou not fear eavesdroppers? Hold, don't speak! And if I still feel the smart of my crushed leg, though it be now so long dissolved; then, why mayest not thou, carpenter, feel the fiery pains of hell for ever, and without a body? Hah! Good Lord! Truly, sir, if it comes to that, I must calculate over again; I think I didn't carry a small figure, sir. Look ye, pudding-heads should never grant premises.—How long before this leg is done? Perhaps an hour, sir. Bungle away at it then, and bring it to me (turns to go). Oh, Life. Here I am, proud as Greek god, and yet standing debtor to this blockhead for a bone to stand on! Cursed be that mortal inter-indebtedness which will not do away with ledgers. I would be free as air; and I'm down in the whole world's books. I am so rich, I could have given bid for bid with the wealthiest Praetorians at the auction of the Roman empire (which was the world's); and yet I owe for the flesh in the tongue I brag with.

No! Who takes me, refuse that I am, and as I well deserve to be . . . shall take me, as this man does, with no art of mine put forth to lure him. He sees me at the auction, and he thinks it well to buy me. Let him! When he came to view me - perhaps to bid- he required to see the roll of my accomplishments. I gave it to him. When he would have me show one of them, to justify his purchase to his men, I require of him to say which he demands, and I exhibit it. I will do no more. He makes the purchase of his own will, and with his own sense of its worth, and the power of his money; and I hope it may never disappoint him.

Each Beatle is to receive one of the first four albums in the run, with a sequential number printed on each cover. John wants the first of the first, calling out, “Bagsy No. 1!” “John got 000001 because he shouted the loudest,”12 Paul remembers. Ringo keeps his double album in a bank vault. And there it stays until 2015, when the drummer discovers that his copy, not John’s,13 is the original — number 000001. That Saturday, December 5, 2015, Julien’s Auctions, in Beverly Hills, sets a guide price of $40,000 to $60,000, which will go to Ringo’s charity, the Lotus Foundation. The bidding shatters records, bringing $790,000. Ringo has a message for the buyer: “Whoever gets it it will have my fingerprints

The overall data shows that more than twice the money flows into venture capital from LPs than comes back to them in a given year. I wanted to hold onto something positive from this industry—after all, I’ve met a few brilliant people in it—but looking at the data, it’s hard, if not impossible. In a Freudian sense, it's worth remembering that sometimes a cigar is just a cigar—not everything has a deeper psychological meaning. VCs have made it look like magic, but the illusion disappears once you turn on the lights. At its core, venture capital isn’t as much a unique asset class as it is a troubled one. The industry survives by injecting more and more capital each year, while leaving the majority of limited partners stuck at the losing end of a pay-your-bid auction.

Many people assume that working from home is like a vacation, where you get to do what you want when you want. This was not the case for me. The demands of eBay put me on the strictest schedule I’d ever endured. Because my auctions were timed, there were very real consequences for missing deadlines. The prime time for auctions to go live was Sunday evening. If mine went up late, that meant my customers, who were likely waiting to pounce on my latest batch of vintage gems, might end up disappointed, instead giving another seller their business. If I took too long to respond to a customer inquiry, she might get impatient, choosing to bid on something else. Shipping orders out late might result in negative feedback, and if I didn’t steam and prep all the clothes the night before a shoot, there wouldn’t be time to get through everything in one day.

The Hospital for Infectious Diseases...The only people who lived here were those who made resistance to germs their only reason for being. Unceasing approbation of life; a rough, rude approbation that did not care at all about appearances. An approbation of life beyond law and beyond morality, dramatized and incessantly demanded by delirium, incontinence, bloody excrement, vomit, diarrhea, and horrible odors. This air which, like a mob of merchants hosting bids at a produce auction, craved in every second the call: "Still alive! Still alive!"...This mass off active bodies, unified by the unique form of existence they bore, namely, contagious disease. Here the value of men's lives and germ's lives frequently came to the same thing; patient and practitioner were metamorphosed into bacteria - into such objectless life. Here life existed only for the sake of being affirmed; no prettier desire was allowed. Here happiness reigned. In fact, here happiness, that mostly rapidly rotting of all foods, reigned in its most rotten, most inedible form.

Would you be willing to tell me how the ladies came to be here? I mean, who are they?” Ian drew a long, impatient breath, tipped his head back, and absently massaged the muscles at the back of his neck. “I met Elizabeth a year and a half ago at a party. She’d just made her debut, was already betrothed to some unfortunate nobleman, and was eager to test her wiles on me.” “Test her wiles on you? I thought you said she was engaged to another.” Sighing irritably at his friend’s naiveté, Ian said curtly, “Debutantes are a different breed from any women you’ve known. Twice a year their mamas bring them to London to make their debut. They’re paraded about during the Season like horses at an auction, then their parents sell them as wives to whoever bids the highest. The winning bidder is selected by the expedient measure of choosing whoever has the most important title and the most money.” “Barbaric!” said Jake indignantly. Ian shot him an ironic look. “Don’t waste your pity. It suits them perfectly. All they want from marriage is jewels, gowns, and the freedom to have discreet liaisons with whomever they please, once they produce the requisite heir. They’ve no notion of fidelity or honest human feeling.” Jake’s brows lifted at that.

The tremendous leisure industry that has arisen in the last few generations has been designed to help fill free time with enjoyable experiences. Nevertheless, instead of using our physical and mental resources to experience flow, most of us spend many hours each week watching celebrated athletes playing in enormous stadiums. Instead of making music, we listen to platinum records cut by millionaire musicians. Instead of making art, we go to admire paintings that brought in the highest bids at the latest auction. We do not run risks acting on our beliefs, but occupy hours each day watching actors who pretend to have adventures, engaged in mock-meaningful action. This vicarious participation is able to mask, at least temporarily, the underlying emptiness of wasted time. But it is a very pale substitute for attention invested in real challenges. The flow experience that results from the use of skills leads to growth; passive entertainment leads nowhere. Collectively we are wasting each year the equivalent of millions of years of human consciousness. The energy that could be used to focus on complex goals, to provide for enjoyable growth, is squandered on patterns of stimulation that only mimic reality. Mass leisure, mass culture, and even high culture when only attended to passively and for extrinsic reasons—such as the wish to flaunt one’s status—are parasites of the mind. They absorb psychic energy without providing substantive strength in return. They leave us more exhausted, more disheartened than we were before. Unless a person takes charge of them, both work and free time are likely to be disappointing. Most jobs and many leisure activities—especially those involving the passive consumption of mass media—are not designed to make us happy and strong. Their purpose is to make money for someone else. If we allow them to, they can suck out the marrow of our lives, leaving only feeble husks. But like everything else, work and leisure can be appropriated for our needs. People who learn to enjoy their work, who do not waste their free time, end up feeling that their lives as a whole have become much more worthwhile. “The future,” wrote C. K. Brightbill, “will belong not only to the educated man, but to the man who is educated to use his leisure wisely.

Yet in 2012, he returned. Plenty of the speechwriters were livid. The club was the embodiment of everything we had promised to change. Was it really necessary to flatter these people, just because they were powerful and rich? In a word, yes. In fact, thanks to the Supreme Court, the rich were more powerful than ever. In 2010, the court’s five conservative justices gutted America’s campaign finance laws in the decision known as Citizens United. With no more limits to the number of attack ads they could purchase, campaigns had become another hobby for the ultrawealthy. Tired of breeding racehorses or bidding on rare wines at auction? Buy a candidate instead! I should make it clear that no one explicitly laid out a strategy regarding the dinner. I never asked point-blank if we hoped to charm billionaires into spending their billions on something other than Mitt Romney’s campaign. That said, I knew it couldn’t hurt. Hoping to mollify the one-percenters in the audience, I kept the script embarrassingly tame. I’ve got about forty-five more minutes on the State of the Union that I’d like to deliver tonight. I am eager to work with members of Congress to be entertaining tonight. But if Congress is unwilling to cooperate, I will be funny without them. Even for a politician, this was weak. But it apparently struck the right tone. POTUS barely edited the speech. A few days later, as a reward for a job well done, Favs invited me to tag along to a speechwriting-team meeting with the president. I had not set foot in the Oval Office since my performance of the Golden Girls theme song. On that occasion, President Obama remained behind his desk. For larger gatherings like this one, however, he crossed the room to a brown leather armchair, and the rest of us filled the two beige sofas on either side. Between the sofas was a coffee table. On the coffee table sat a bowl, which under George W. Bush had contained candy but under Obama was full of apples instead. Hence the ultimate Oval Office power move: grab an apple at the end of a meeting, polish it on your suit, and take a casual chomp on your way out the door. I would have sooner stuck my finger in an electrical socket. Desperate not to call attention to myself, I took the seat farthest away and kept my eyes glued to my laptop. I allowed myself just one indulgence: a quick peek at the Emancipation Proclamation. That’s right, buddy. Look who’s still here. It was only at the very end of the meeting, as we rose from the surprisingly comfy couches, that Favs brought up the Alfalfa dinner. The right-wing radio host Laura Ingraham had been in the audience, and she was struck by the president’s poise. “She was talking about it this morning,” Favs told POTUS. “She said, ‘I don’t know if Mitt Romney can beat him.

A wealthy man and his son loved to collect works of art. They had in their collection works ranging from Picasso to Raphael and Rembrandt. When the Vietnam War broke out, the son was drafted and sent to fight in ’Nam. He was very courageous and died in battle. The father was notified and grieved deeply for his only son. About a month later, a young lad appeared at the door to his house and said, “Sir, you don’t know me, but I am the soldier for whom your son gave his life that fateful day. He was carrying me to safety when a bullet struck him in the heart. He died instantly. He used to often talk about you and your love for art. Here’s something for you,” he added, holding out a package. “It is something that I drew. I know I am not much of an artist, but I wanted you to have this from me as a small measure of memory and thanks.” It was a portrait of his son, painted by the young man. It captured the personality of his son. The father’s eyes welled up with tears as he thanked the young man for the painting. He offered to pay for the picture, but the man replied, “Oh! No, sir. I could never repay what your son did for me. It is my gift to you.” The father hung the portrait over his mantel and showed it proudly to all his visitors along with all of the great works of art he possessed. Some time later, the old man died. As decreed in his will, his paintings were all to be auctioned. Many influential and rich people gathered together, excited over the prospect of owning one of the masterpieces. On a platform nearby also sat the painting of his son. The auctioneer pounded his gavel. “Let’s start the bidding with the picture of his son. Who will bid for this picture?” There was silence. A voice shouted from the back, “Let’s skip this one. We want the famous masters.” But the auctioneer persisted. “Ten dollars, twenty dollars, what do I hear?” Another voice came back angrily, “We didn’t come here for this. Let’s have the Picassos, the Matisses, the van Goghs.” Still the auctioneer persisted. “The son. Anyone for the son? Who’ll take the son?” Finally a quavering voice came from the back. It was the longtime gardener of the house. “I’ll take the son for ten dollars. I am sorry, but that’s all I have.” “Ten dollars once, ten dollars twice, anybody for twenty dollars? Sold for ten dollars.” “Now let’s get on with the auction,” said a wealthy art aficionado sitting in the front row. The auctioneer laid down his gavel and spoke. “I am sorry, but the auction is over.” “But what about the other paintings? The masters?” “The auction is over,” said the auctioneer. “I was asked to conduct the auction with a stipulation, a secret stipulation that said that only the painting of the son would be auctioned. Whoever bought that painting would inherit the entire estate, paintings and all. The one who took the son gets everything.

She’d hung up on him before he could say goodbye. Goddamn stubborn woman is going to be the end of me.

Sometimes there are hidden obstacles to scaling—a lesson that eBay has learned in recent years. Like all marketplaces, the auction marketplace lent itself to natural monopoly because buyers go where the sellers are and vice versa. But eBay found that the auction model works best for individually distinctive products like coins and stamps. It works less well for commodity products: people don’t want to bid on pencils or Kleenex, so it’s more convenient just to buy them from Amazon. eBay is still a valuable monopoly; it’s just smaller than people in 2004 expected it to be.

As a collector he was careful, too, and much of his collection was acquired at reasonable prices, because not many people were interested, at that time, in his field. He really knew about everything he bid for at auctions or acquired after spending hours in old bookstores or print shops. His interest was in the American Navy and he collected books and letters and prints and models of ships. The collection was fairly sizable and interesting when he went to Washington as assistant secretary of the navy, but those years in the Navy Department gave him great opportunity to add to it. He was offered and acquired an entire trunkful of letters which included the love letters of one of our early naval officers. He also acquired a letter written by a captain to his wife describing receipt of the news of George Washington’s death and his subsequent action on passing Mount Vernon. He is said to have instituted a custom which every navy ship has followed from that day to this, and which varies only according to the personnel carried by the ship. All the ships lower the flag to half mast, man the rail, toll the bell and, if a bugler is on board, blow taps.

Fair Warning by Stewart Stafford Sheer Heart Attack! The auctioneer's hammer fell, On Freddie's exquisite clutter, The room officially rocked. The last item of King Mercury, Sold to the highest bidder, In the room and online, No Kensington Pyramid, though. Seven Seas of Rhye claimed, The Killer Queen laid to rest, A throne in flux, vacated, Champion bids will out, darling! © Stewart Stafford, 2023. All rights reserved.

If you bid at the auction and refuse to pay out, then you are going to lose more than what was bid.

Morning's Serenade by Stewart Stafford Stirred by a magpie's auction bids, I opened up our curtained eyelids, To pale dawn's reverential blinking, Beyond my lady's distant inkling. Anointed by the infant sun's rays, I stand in regal morning’s praise; Surveying virgin domain’s expanse, Before the hatchling public dance. The early-risen owl hoots carried far, The songbirds played off fading stars, Cockcrow drew in a loping red fox, Scattering fawns and sheep flocks. My lady spent, sports a drowsy crown, Her chest rises, then slowly down, Cityscape visions to last night's desire, Golden tresses tossed in oriole fire. To the kitchen, a connoisseur's start, A lover's labour, a chef's work of art, Crack avian treasures, new life's motif. Ground coffee, perfumed weekend relief. © Stewart Stafford, 2024. All rights reserved.

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Ad-based growth teams should be optimizing pricing in a similarly fluid way. The largest advertising platforms, such as Google and Facebook, use an auction model to set the value of their ad inventory, which essentially means that when advertisers want to place an ad they set a bid price for what they’re willing to pay, then the site gives the ad space to the highest bidder (this is a dramatic oversimplification; the auction processes are dauntingly complex). When that bidder’s budget is exhausted, often by hitting a daily cap or other restriction, the next highest bidder is given the inventory, and so on, until all available inventory is used. These companies also use elements such as ad quality and customer response to factor into which

Huh. The Collector is here. That should make for an interesting bit of bidding.” “The Collector?” I asked. “What’s that?” “Not what. Who. His name is Pontius Aquila.” She pointed with one gnarled finger at a man with sharp features and silvering hair seated in the second row of the stands. He sat beneath a fringed shade, tended to by an oiled, muscular slave. Aquila’s robes were also fringed and banded with a purple stripe. He glared above the heads of the audience as if their presence were not worth acknowledging. “He’s a politician with a fancy title, the so-called Tribune of the Plebs, but he’s as base as they come.” She snorted. “No manners, and rich off other people’s money. But he knows a valuable piece of flesh when he sees it. And he’ll stop at nothing to add to his collection once he does. I’ve seen his bullyboys start brawls at the auctions if he’s outbid.

Sell yourself?” repeated the peeress. Fine ladies are not often fond of hearing things called by their proper names, “Yes, sell myself,” repeated Violet, bitterly, leaning against the mantelpiece, with a painful smile upon her lips. “Would you not put me up to auction, knock me down to the highest bidder? Marriage is the mart, mothers the auctioneers, and he who bids the highest wins. Women are like racers, brought up only to run for Cups, and win handicaps for their owners.” “Nonsense!” said her mother, impatiently. “You have lost your senses, I think. There is no question of ‘selling,’ as you term it. Marriage is a social compact, of course, where alliances suitable in position, birth, and wealth, are studied. Why should you pretend to be wiser than all the rest of the world? Most amiable and excellent women have married without thinking love a necessary ingredient Why should you object to a good alliance if it be a mariage de convenance?

Epicurus is right, that happiness is up at auction all the time, and sold in lots to suit the purchaser whenever he bids high enough. And the price is not exorbitant: prudence to plan for the simple pleasures that can be had for the asking; resolution to cut off the pleasures that come too high; determination to amputate our reflections the instant they develop morbid symptoms, and to take an anti-toxine against fret and worry, the moment we feel the approach of their contagious atmosphere; concentration, to live in a self-chosen present from which profitless regret and unprofitable anxieties, projected from the past or borrowed from the future, are absolutely banished.

If it was to survive, America had to develop a new system of exchange, one that would be impervious to the gamesmanship of gifted individuals. By functioning as an auction house and averaging the bids to arrive at a final price, the Leon Walras Exchange had in one stroke stripped out the volatility, excitement, and emotion of investing, while still offering the potential for businesses to raise capital. It was a step backward to a more archaic age that had taken two painful years to move through the political process.

A trickier problem to correct is when similar keywords compete against each other for placement in the AdWords auction. These keywords do not bid against each other; rather, they compete for the opportunity to participate in the AdWords auction. This becomes a problem if you want to associate a specific ad and landing page with a search theme but AdWords chooses another!

Brokers could spread their geographical presence through the length and breadth of nation and subsequently reach out customers who otherwise would never have gotten the chance to venture into stock investment. Auction, bidding, negotiation and what not, everything takes place at computer terminals. In the old system of outcry auction calling out the price on the trading floor, everyone would know which broker actually trades. But in the new system anonymity is maintained. You can play with millions of shares with cup of tea in one hand and puff of cigarette on the other. There

1314h.: I am now seated back in Deck 8’s Rainbow Room watching “Ernst,” the Nadir’s mysterious and ubiquitous Art Auctioneer, 118 mediate spirited bidding for a signed Leroy Neiman print. Let me iterate this. Bidding is spirited and fast approaching four figures for a signed Leroy Neiman print—not a signed Leroy Neiman, a signed Leroy Neiman print.

Anyone who visits Aalsmeer will be struck at first by the absurdity of the arrangement. Why go to all the trouble to put something as perishable as a daisy on an airplane, fly it to another country so it can sit on the auction floor, and then put it back on a plane and fly it to its final destination? ... [I]t seemed obvious that an Internet-based system would simplify things. Sure, the flowers would still need to come together in some kind of distribution center...but the actual bidding and ordering wouldn't have to happen in the same building where the flowers are. ... When I asked one importer this question, he just shrugged and said, 'Why are there still brokers on Wall Street?

Your Mama's So Old she went to an antique auction and three people bid on her! 

For a man who sees all of life as an auction, putting his honor up for bids seemed entirely appropriate.

Allan was next up, and the bidding was going strong as he got into the fun of the auction, flexing his muscles and smiling brightly. “Way to go, SEAL!” Lori and Rose shouted. “Take off your shirt!” Emma shouted. Catherine whooped and whistled. Paul had to smile at Emma and Catherine. Lori’s face reddened a bit, probably because her own grandma had shouted out the recommendation. Allan began unbuttoning his shirt slowly and the crowd went wild. Paul laughed. He hadn’t thought that a honey-do bachelor auction would be anything like this. Then again, Emma was a wolf and they could change the dynamics of a situation in a heartbeat. The ranch hands made a big deal of jerking their shirts out of their waistbands and then starting to unbutton them. A woman shouted, “Just the shirts, gentlemen.” And that had everyone laughing.

Data sources All these components give you feedback and insight into how best to configure your campaigns, although the data sources are often spread around in different places and sometimes difficult to find and interpret. Campaign types Search & Partner Dynamic Search Display Network Remarketing & Dynamic Remarketing Google Shopping for eCommerce Google Merchant Center Data feeds Google Shopping Campaigns Device selection PC / Tablets Mobiles & Smartphones Location Targets & Exclusions Country Metro State City Custom and Radius Daily Budgets Manual CPC Enhanced CPC Flexible Bidding strategies Conversion Optimizer (CPA) Return on Ad Spend (ROAS) Conversion Tracking Setup and configuration Transaction-Specific Conversion Tracking Offline Conversion import Phone call tracking - website call conversions Conversion Rates Conversion Costs Conversion Values Ad Groups Default Bids Keyword Themes Ads Ad Messaging & Demographics Creative Text & Formatting Images* Display Ad Builder* Ad Preview and Diagnosis Account, Campaign and Ad Group Ad Extensions Sitelinks Locations Calls Reviews Apps Callouts Ad Rotation & Frequency Capping Rotate Optimise for Clicks Optimise for Conversions Keywords Bids Broad Modified Broad Phrase Exact Destination urls Keyword Diagnosis User Search Queries Keyword Opportunities Negative Keywords & Match Types Shared Library Shared Budgets* Automated Rules Flexible Bid Strategies Audiences & Exclusions* Campaign Negative Keywords Display Campaign Placement Exclusions* NEW! Business Data and Ad Customizers Advanced Delivery Methods Standard Accelerated Impression Share Lost IS (Budget) Lost IS (Rank) Search Funnels Assisted Impressions & Clicks Assisted Conversions Segmentation Analysis Device performance Network performance Top vs Other position performance Dimension Analysis Days & Times Shopping Geographic User Locations & Distance Search Terms Automatic Placements* Call Details (Call Extensions) Tools Change history Keyword Planner* Display Planner* Opportunities* Scheduling & Day Parting Automated Rules Competitor Ad Auction Insights Reporting* AdWords Campaign Experiments* Browser Languages* *indicates an item not covered in this version of the book

The insatiable need for more processing power -- ideally, located as close as possible to the user but, at the very least, in nearby indus­trial server farms -- invariably leads to a third option: decentralized computing. With so many powerful and often inactive devices in the homes and hands of consumers, near other homes and hands, it feels inevitable that we'd develop systems to share in their mostly idle pro­cessing power. "Culturally, at least, the idea of collectively shared but privately owned infrastructure is already well understood. Anyone who installs solar panels at their home can sell excess power to their local grid (and, indirectly, to their neighbor). Elon Musk touts a future in which your Tesla earns you rent as a self-driving car when you're not using it yourself -- better than just being parked in your garage for 99% of its life. "As early as the 1990s programs emerged for distributed computing using everyday consumer hardware. One of the most famous exam­ples is the University of California, Berkeley's SETl@HOME, wherein consumers would volunteer use of their home computers to power the search for alien life. Sweeney has highlighted that one of the items on his 'to-do list' for the first-person shooter Unreal Tournament 1, which shipped in 1998, was 'to enable game servers to talk to each other so we can just have an unbounded number of players in a single game session.' Nearly 20 years later, however, Sweeney admitted that goal 'seems to still be on our wish list.' "Although the technology to split GPUs and share non-data cen­ter CPUs is nascent, some believe that blockchains provide both the technological mechanism for decentralized computing as well as its economic model. The idea is that owners of underutilized CPUs and GPUs would be 'paid' in some cryptocurrency for the use of their processing capabilities. There might even be a live auction for access to these resources, either those with 'jobs' bidding for access or those with capacity bidding on jobs. "Could such a marketplace provide some of the massive amounts of processing capacity that will be required by the Metaverse? Imagine, as you navigate immersive spaces, your account continuously bidding out the necessary computing tasks to mobile devices held but unused by people near you, perhaps people walking down the street next to you, to render or animate the experiences you encounter. Later, when you’re not using your own devices, you would be earning tokens as they return the favor. Proponents of this crypto-exchange concept see it as an inevitable feature of all future microchips. Every computer, no matter how small, would be designed to be auctioning off any spare cycles at all times. Billions of dynamically arrayed processors will power the deep compute cycles of event the largest industrial customers and provide the ultimate and infinite computing mesh that enables the Metaverse.

Au contraire, and because I said that, that makes me French, unlike the Englishman at a Paris auction house who raised his '3' paddle after a Frenchman yelled, 'I bid you adieu.

In the first-price auction, choosing the optimal bid is not trivial. We need to analyze the Bayesian equilibria of this game.

The former banker helped us with the financial plans, figuring out how much we could afford to bid in the auction. We concluded that we could certainly bid USD 45 million for a 20-year license in Hungary. Swedish Telecom was very confident, their CEO had said in radio interviews that he thought that 1 in 4 people would have a mobile phone by the year 2000. This was overly optimistic according to the other consortium partners. They were more conservative and we had difficulty persuading them to put up more money

because it takes time to conduct an auction and determine the winning bids, borrowers would receive their funds with a delay, making clear that they were not desperate for cash.

This unstated coordination gave the producers of electricity what economists call market power, which means the ability to set prices higher than a competitive market would allow. Within less than a hundred rounds of bidding, Talukdar’s experimental auctions resembled not so much a competitive market as a cartel, in which many sellers obtain monopoly power by coordinating their actions to artifically inflate prices. That is what OPEC, the Organization of Petroleum Exporting Countries, does openly when members collude on setting the price of oil by limiting production.

There isn't anyone in the business," he went on, "who hasn't been accused of selling a forged piece, by accident or design, over the years. And then there's the current brouhaha in the auction houses, with the government charging sellers with rigging the bids to knock up the prices. On the surface, gentlemen, it's a world of exquisite beauty and refinement. But it's every bit as filthy and cutthroat as any other commercial enterprise, as soon as you get beneath the top layer of gouache

The Batter estate proved to be a dark old Victorian mansion, set among wide grounds fringed with oak and beech trees. A number of people were wandering about the lawn, but most of the crowd was clustered near a large stable-garage where the auctioneer had set up his platform. As Frank and Joe found a parking place at one side of the gravel driveway, they could see him holding up an elaborate lamp. “Eight dollars, ladies and gentlemen! Do I hear a bid for nine? ... Nine, anyone?” “We should have brought Aunt Gertrude,” Frank said. “Bet she would have loved this!

He had been a smart one—he hadn't bid on her at the auction. Instead, he'd come straight to the complex she lived at and purchased her for a year, and Lyla was terrified because she didn't like the sadistic look in his eyes, and

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The block had small offices and an outdoor arena where weekly slave-labor auctions were held. The slavery was permitted under an 1850 California law that allowed white people to buy Native American children as “apprentices,” and to “bid” on Native Americans who were declared “vagrant,” and oblige them to work off the cost of the bid. (The law, known as Act for the Government and Protection of Indians, was not repealed entirely until 1937.)

The Egyptians took their goods to their graves with them. The great dynasties of Britain and Europe try to keep things in the family so long as there is something in the bank. But Americans prefer to turn it into cash and start anew. They are less sentimental about these things.

How can you tell that you are getting old? A: You go to an antique auction and three people bid on you!

of exchange, one that would be impervious to the gamesmanship of gifted individuals. By functioning as an auction house and averaging the bids to arrive at a final price,

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