| ItsaMii said: Value is a relative aspect. Classical economic theory and marxist adepts thought value was absolute. They thought you could measure the value of goods just by calculating the amount of work (hours) needed to make that good. That is a wrong view. If value was absolute that means that every price should reflect this value. I do not want to go to deep into that aspect, but I think we all agree on the basics. Nintendo makes Wiis. They cost less than 250 and they sell it for profit. This means they sell it for more than it is worth for them. We buy it for 250 and most people think (at least I do) it is a bargain. Come on, we get a game, online capabilities and 512 mb to save data (we paid the same price for less 5 years ago). Someone that just wants to play a Wii and has no time to camp may find a good idea to pay 300 for it. What I mean is that he can make (just an example) 100 bucks in that 3 hour he would spend on the line. Theorically, it would be a good deal for him paying 251-349 for that Wii. Now lets say some random "Daddy" forgot to buy the Wii for his daughter Xmas present. That would ruin his and her Xmas. He is desperate enough to pay 1000 dollars for one Wii, just to save his daughter from a traumatic childhood experience. I do not think the OP is a repulsive human being. He is sot of a smart ass (not an insult), but he is not doing something wrong. Gamestop rip us off much more than that and we still do not complain that much. |
Good example. Think Tickle-Me-Elmo a few years back.
Thanks for not calling me a repulsive human being. lol.
Anyway, I'm not gonna justify what I'm doing by saying "Well...other people do a lot worse!" as that's really not justification. My justification is what I'm doing is not innately wrong to begin with. I can only get the price I'm asking for if someone is willing to buy it, and someone is only willing to buy it if they find it convenient enough as opposed to them looking for one for themselves. What I'm selling is a Wii with a convenience charge.
Go ahead, call me a dick. When I make my money, that's just another justification. No, money is not all that matters to me, but I saw an opportunity and jumped on it, which is more than I can say for some people on this board.
I'm an investor looking for a return. Are all people that buy stock dicks? Buy low sell high is the absolute law of investing.
Currently playing: Civ 6
