You are right in both and I do not support buying at an elevated price. The issue is when we try to take advantage of someone situation and profit ourselves. In business deals, it's allowed. But there's for instance a situation we wanted to buy vegetables in the market and my friend said we should go to the section where there are old poor women, that we will have a better market with them. So I think the rule is, don't cheat and don't be cheated.
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You are right bro, your friend is really crazy in his own little way. But sometimes, we do have reasons we do things in our own way. Stay blessed bro. And let's endeavor to a light and joy to the needy out there @lordjames