I'm listening to Christopher Markowski's Watchdog on Wall Street right now.

At a Wall Street professional's seminar of some kind, a professor of economics decided to hold an auction... for a $100 bill. An additional rule was, whoever bid second place pays their bid.

A mutual fund manager broke the $100 mark. The final bid was $432. Someone paid $425 for loosing the last bid.

The professor was trying to prove people's "lizard brain", or primal emotional brain, takes over when dealing with money... Even, or especially, Wall Street pros.