\nIn my family, I do a fair amount of the grocery shopping – it’s something I’ve been learning since around 2017. With grocery shopping, it’s hard to imagine the learning will stop.<\/p>\n
\nI recall hearing Warren Buffett’s reflections on Mr. Market.1<\/sup> I plan to talk about this more, but for now, the short version: Mr. Market offers pretty much the same inventory each day, but at prices that might be different from yesterday. Buffett’s point is that just because a good is offered at that price, doesn’t mean it’s worth that. You should know, before you visit Mr. Market, what things are worth.<\/p>\n At the grocery store, it can be a similar scenario: I often see things highlighted as a “special price” that’s 25 to 40 percent more than last time I was there. A person needs to know, beforehand, what a “special price” would be.<\/p>\n 1. Robert G. Hagstrom, Jr. The Warren Buffett Way.<\/em> New York: John Wiley & Sons, Inc, 1994, 51.<\/p>\nJack of Oracle Tutoring by Jack and Diane,<\/a> Campbell River, BC. \n","protected":false},"excerpt":{"rendered":" Self-tutoring about grocery shopping and economics: the tutor begins…. In my family, I do a fair amount of the grocery shopping – it’s something I’ve been learning since around 2017. With grocery shopping, it’s hard to imagine the learning will …<\/p>\n