Warning: wanky, possibly long-winded post to follow.
Price is what you pay, value is what you get.
Price doesn't always = value.
We fixate on price, but value is equally important.
Let's say my If my neighbour wants to sell his house, which has been valued at $1M.
I know he is desperate to sell as debt collectors are due in 10 mins (let's call them Vy Tickery's friends). If I play my cards right, and screw him over completely, I might pick up his house for $600k. He might come back later to burn the house down, though....
Let's say there are other interested buyers, I might pay $900-950k to get it over the line. Nowhere near as good as before, but still a good deal. And he walks away relatively happy.
If I wanted to buy his house as much as he wanted to sell it, I could pay the full $1M. I'm paying 'full value', which sounds crap. But while I'm no longer getting a good deal, I'm not getting a bad one either.
When we are chasing targets, I pray that we pay $700k but think it's reasonable to expect to pay $900k-$1M. Anything less than that is a bonus.
I contend that Kennedy and Smith together are worth ballpark pick 10 (see previous post).
But because of contract status, salary cap pressures, nominating Carlton etc, we might pay pick 15+. And if you include a salary cup dump it might blow out further. Just because circumstances mean we might pay a lower price, it doesn't mean the value of what we bring in dissipates. I'm not going to cry into my cornflakes if we paid pick 10 for them (even if I thought we could do better).
Buying a bottle of grange for $5 is the dream, but getting 15% off a slab of beer is still satisfying and much easier to accomplish.
Somehow, somewhere, a bird just shat on
Blue Doormat's ice cream....