This idea that speculation is causing price rises is simply wrong.

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Lesson five is that we can all afford to be wrong, whereas the price of never admitting that is truly unaffordable.

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Grousing that the buyout price excludes potential production from Davy Jones is not only wrong but misleading.

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But the process is back with a vengeance now, and the recent swift price drop is just a bizarre and temporary tick in the wrong direction.

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And that is wrong, because we cannot afford to price the middle class and folks who aspire to go into the middle class, we can't price them out of the college education market.

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The problem here is that when the product is ready to launch, the MSRP may end up being the wrong price because it was developed based on cost instead of what the end consumer will pay.

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In a recent blog post, Paul Krugman noted that the sub 2.5% increases in the Consumer Price Index (CPI) over the past few years are all that is needed to prove me wrong.

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Anything that you use that is other than the actual direction of the price itself has the potential to steer you down the wrong path, and almost all blowups in history have been a result of people thinking something was really undervalued, and they buy more and more of it.

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If the stock price of a company remains stagnant for years, as it has with Lions Gate, then clearly something is wrong.

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In a market where figuring out the right price to pay is challenging, and dealer and auction house commissions can be steep, some have gone badly wrong.

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