In our everyday lives, there is one attribute that you will see, hear, use, ponder and gawk about most of the time. Yes, that attribute is price. Whether you are comparing on the same item across different places, different items in the same place, or different items across different places, the notion of price will always be there.
Zooming into the financial markets, the price of the financial instruments will be the first thing you will encounter; the bid/ask figures on your trading platform, the ticker tape shown on most business news channels, etc. There is no way you could invest or trade without ever looking at the price first.
Throughout this intermittent series about price, we shall look into its concept and context, and how it affects us in the world of investing and trading in terms of perceptions, decisions and results.
First up we will talk about the …