Buying websites based on “potential”

After the 5000th time that someone offered to sell me a website with a lot of potential, I came up with a typically “Peter T Davis” response.  I carry a one dollar bill in my pocket.  That one dollar bill can potentially win this week’s Mega Millions.  This week, the Mega Millions jackpot is estimated at $120 million.  So, this one dollar bill I’m holding is potentially worth $120 million.  But, for you, I’ll sell it at the low, low price of $500,000.  How could you pass up the opportunity, the POTENTIAL, to have $120 million!  So, if you want to pitch your website for sale to me, go ahead, but tell me what the website is today, and save the delusions about potential.