quotes about Relative Value
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For us in England, the relative value of the pound against the dollar, that has a huge impact on how easy it is to get our films made in the U.K.
-- Eric FellnerSource : Interview with Steve 'Frosty' Weintraub, collider.com. December 27, 2012.
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People are, by and large, quite poor at judging correct absolute values but are astute about determining relative values. Psychologists call this coherent arbitrariness, which suggests that individuals are coherent when they compare prices on a relative basis but arbitrary when those prices are considered versus fundamental value.
-- Michael Mauboussin