When three friends decided to bid for a storage container at auction, they had no idea what it might contain. The rules of the auction house, moreover, prevented them from searching inside. And apparently, no one – not even the auction house – had conducted a proper valuation of its contents.
You have to speculate to accumulate, according to the old gambling proverb. But since neither the buyers nor the sellers knew exactly what was being sold, it was near impossible to determine the odds of gaining a profit. In fact, the container might just as easily have incurred a loss.
But the friends decided to bid anyway. If they were lucky, after all, they might make a small profit; and if not, better luck next time. However, as it happened, the contents of the mystery container appeared to be worth considerably more than what the guys paid for it. The friends struck gold.