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What is a bull worth
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<blockquote data-quote="WalnutCrest" data-source="post: 1222187" data-attributes="member: 21715"><p>A great bull is worth more to a guy with great cows than it is to a guy with so-so cows.</p><p></p><p>Why?</p><p></p><p>The guy with the great cows will have a more difficult time improving in the next generation without a great bull. The guy with so-so cows could improve with anything that is better than a so-so bull.</p><p></p><p>And, then, among the guys with great cows, the more of them he plans on exposing to the bull, the more he should be willing to pay. So, all else being equal, an operation of 10 great cows will pay less for the same bull than an operation of 30 great cows should be willing to pay.</p></blockquote><p></p>
[QUOTE="WalnutCrest, post: 1222187, member: 21715"] A great bull is worth more to a guy with great cows than it is to a guy with so-so cows. Why? The guy with the great cows will have a more difficult time improving in the next generation without a great bull. The guy with so-so cows could improve with anything that is better than a so-so bull. And, then, among the guys with great cows, the more of them he plans on exposing to the bull, the more he should be willing to pay. So, all else being equal, an operation of 10 great cows will pay less for the same bull than an operation of 30 great cows should be willing to pay. [/QUOTE]
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