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Not sure what we'd be laughing at, but we as fans have no way to know what GM's would or wouldn't do.
It's not just a theoretical objection; half the trades that occur involve FAR different valuations than fans expected.  The latest Sox-Dodgers trade being a classic example.  Fangraphs spent a month explaining how little the Sox' stars were worth, and then the next month backtracking and trying to call the Dodgers crazy.
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You get a ML-ready TOR starter like Paxton, Hultzen etc keying a deal and there's no telling what you'd get back.  Like James said, most teams don't worry about deals for ML-ready top-25 pitchers because they're too priceless to even make offers on.
If a superstar did come on the trading block, it's hard to conjecture what a team would value more highly than it would a James Paxton or Danny Hultzen.  But, as Justynius pointed out, let them hit the AL and run fifteen good starts and the value peaks.