Brooksey
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Actually, what he said makes sense. If a car costs $10,000, you don't pay $25,000 for it even though you know it may appreciate in value to $150,000.
But the caveat is that none of us knows whether Frederick was going to be there. So it's silly calling people out because it's possible had we waited, we could have missed him. It's possible we could have gotten him even in the second round.
Nobody knows.
Actually it doesn't make sense.
If you buy a car for 25k, that "some thought" was worth 15k and it appreciates to 100k , you're the best car buyer in town.