Arne Glimcher

The '80s market was only a Japanese market. It was the Japanese outbidding each other for the most expensive works of art. When the Japanese economy went down the tubes, there was no one left to pay the prices that have been recorded for all of those works.

American Director

Understanding 'outbid' leads to knowing auction environments, where competing bids increase item prices.

Auction Dynamics

'Outbid' carries the sense of defeating rivals in a financial context.

Competitive Edge

The word often implies personal investment or desire to own something valuable.

Emotional Stake

'Outbid' in business may involve strategic planning, not just financial resources.

Professional Strategy

Using 'outbid' highlights intense competition among large businesses or corporations.

Corporate Battles

Outbidding in business implies awareness of market value and competitors' limits.

Market Understanding

 significantly in this part of the world. There was recently a water auction for... during drought and all the farmers went to the water auction to see if they can get more water through this drought year. And they were outbid on every single count by oil and gas companies. And one oil and gas well can use one to five million gallons of water.

Chasing Rivers, Part 1:...

 Against a backdrop of trade wars, some countries like the US have outbid others for masks. There's been hacking of vaccine programs, and a common enemy, the pandemic, has not been met with a common response. So any hope that we might have a world vaccine