Comment by buildsjets
3 days ago
I keep 3 pressings of Led Zep II out so I can demonstrate the difference to people who don’t believe that there is one. A first-week Robert Ludwig mastered version, a second-week pressing of the Ahmet Ertegun disaster, and 1977 remaster that really sounds just as good as the 1969 RL mix and is a lot cheaper. $20 for a VG+ copy compared to $1300. I am not insane so I did not spend $1300 on a used vinyl record, I found mine for $2 at Goodwill.
https://www.therevolverclub.com/blogs/the-revolver-club/the-...
> I am not insane so I did not spend $1300 on a used vinyl record, I found mine for $2 at Goodwill.
How is holding onto it instead of selling it for $1300 any less insane than buying it for $1300 in the first place?
If they don't need $1300 cash, they don't have any real reason to sell it
Who taught you this? And why do you think this way?
It's the thought process you learn by having some financial issues in life. You feel guilty for owning expensive things instead of selling them to buy other things.
I have the same problems with trading cards I own from a long time ago that are now expensive, I can keep them for sentimental reasons or sell them to put it towards some bill
OP has a valid question though.
If you think its insane to spend that amount of money on it (essentially: it's not worth that much to you), then you holding onto it instead of having $1300 is pretty much the exact same scenario? By holding onto it you're saying it is worth that much to you.
It sounds like believing you hunted down a 'deal' causes you to wildly change how you perceive value at an emotional level.
I would probably do the same thing. It's just funny to see expressed on HN where everybody complains that advertising and marketing are evil/scams and proclaims loudly how rational they are.
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It's called the fallacy of sunk costs.
He thinks that way because it's the only correct way to think.
Try raising the value of the record and see what you think about it.
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Even if you think in purely transactional terms like "asset currently worth $1300", what's wrong with holding onto an asset? Especially one that's likely to appreciate, not depreciate, as long as you look after it carefully.
And in the meantime, you get to enjoy owning it.
This is the psychological basis of capitalism: we enjoy owning things.
all right let me buy one of your kidneys, after all you only need one.
The logic is a little broken for me... If he really wanted the record, and got it for $2, why would he then sell it and then not have it? Replacing it would cost at least $1300.
You're logic is why so much in this world if fucking broken. Everything is a grift, a hustle, an opportunity for profit.
People are getting angry at the math here. I'm Not the OP and have no moral judgement here, but from strict bank account balance perspective it's the same. Persuade me otherwise through addition and subtraction, not moral appeals.
1. I have 10,000 in my bank account. 2. I see a 1,300 record I like 3. I buy it 4. My bank account now has 8700 5. There's 1,300 difference if I choose to buy it or not
1. I have 10,000 in my bank account 2. I have a 1,300 record 3. If I sell it my bank account will have 11,300 4. 1,300 difference if I choose to sell it or not
No "end of the world, this is what's wrong with everybody" gross hyperboles please, I don't care one iota about whether anybody buys or sells expensive records, I don't make any moral judgement whatsoever and would appreciate people in turn not making extreme assumptions about what I think about expensive records. But economically, buying an expensive item or selling expensive item is the same - Prove it wrong with numbers not appeals to emotion please.
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