Increasingly, higher TBR pricing means that TBR winners have to beware the "winners curse" . The fact that a TBR winner pays more than anyone else is willing to, means that sometimes they are simply "cursed" when they pay too much - i.e. spend more than the name is actually worth. To avoid that curse you either 1) have to be working with better info than other buyers 2) have more faith in the long term appreciation in value of .ca than others do 3) Have better ways of monetizing name purchases than other bidders.
There are still excellent deals to be found in TBR, but getting harder to spot I think.
I see bidders like pool_1481 spending an awful lot on TBRs (would seem a leading candidate for "winners curse). But seeing some of the quality names they get - there might just be smarter money than we'd tend to believe there. I'd love to know the strategy and how much they're making (or not) off of those purchases.