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Originally Posted by Grimkill7
he hasn't done anything to earn him the label of a master tradesman (if anything, we've seen him do less than Horo)
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He never claimed to be a master tradesman. He thinks of himself as an average merchant and says so in the second episode.
He is overshadowed by Horo because she shows signs of very keen intelligence and senses as well as charisma. Plus, her hundreds of years of experience gives her more potential tricks than Lawrence knows, like the fruit+fur. Once she knows a little more about current economics and currencies, she will be a MUCH better merchant than Lawrence. Lawrence seems to know that as well, judging from this episode.