Quote:
Originally Posted by AK797
I've changed my approach to buying other things in light of this, I've lost out bidding for stuff I wanted because I set reasonable price limits but recently I've decided that I want the item more than the money in my account as the pain of loss is greater. So now I have bought even going over previous limits, so within reason I now buy the item, not the price. Obviously harder to do with expensive watches but principal is the same.
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Very well put. But is this just another way of describing the prevalent FOMO that seems to dominate our society these days?