Hi Blissers,
The host, Owen, brought us a fabulous auction meeting. The first section of meeting was about the introducing of auction companies, such as Sotheby's and Christie's. He also let us know the origin of auction and the types of auction, for example, English auction, Vickrey auction and so on. Not only to speak up for bidding which is English auction but also to put the desired amount on the paper, then the person with the highest amount won the bid and paid for the second highest amount, which is Vickrey auction.
The host, Owen, brought us a fabulous auction meeting. The first section of meeting was about the introducing of auction companies, such as Sotheby's and Christie's. He also let us know the origin of auction and the types of auction, for example, English auction, Vickrey auction and so on. Not only to speak up for bidding which is English auction but also to put the desired amount on the paper, then the person with the highest amount won the bid and paid for the second highest amount, which is Vickrey auction.
After getting the idea of auction, the second section was to participate the auction. The blissers introduced the things they brought made them interesting to bid. The owner could choose the auction type. Some chose English one and some chose Vickrey. The meeting was exiting, especially few people wanted one thing.
Although the limitation of time, some people could not hold the auction, everyone had lots of fun to join the process. Thanks for Owen to host and the blissers offered the great things for bidding. More photos can be found in the below link.
Participants: Owen, Jessica, Daniel, Serina, Judith, Sabrina, Stanley, Selina, Ashow, Patrick, Sanli, Cara, Angela
The meeting photos ~
https://plus.google.com/photos/101726755048448689917/albums/5908462813238504289
Host Owen's photo~~
https://plus.google.com/photos/101726755048448689917/albums/5908462813238504289#photos/101726755048448689917/albums/5908462813238504289/5908462825018043650?pid=5908462825018043650&oid=101726755048448689917
Host Owen's photo~~
https://plus.google.com/photos/101726755048448689917/albums/5908462813238504289#photos/101726755048448689917/albums/5908462813238504289/5908462825018043650?pid=5908462825018043650&oid=101726755048448689917
There will be no meeting this week because of Father's Day. Next meeting will be on 8/17 and at Mr. Brown. The agenda will be sent next week.
Have a nice weekend & Happy Father's Day to all blissers.
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