[Milsurplus] Apex Electronics
J. Forster
jfor at quik.com
Tue Feb 1 20:31:50 EST 2011
Monetary value is not the only guide to how one lives one's life.
Sometimes some money is enough, and you just want to play with your toys.
YMMV,
-John
=================
>
> ----- Original Message -----
> From: "Peter Gottlieb" <nerd at verizon.net>
> Subject: Re: [Milsurplus] Apex Electronics
>
>
>> Here is what holds me back from a lot of purchases.
>>... The problem is that most places want to price even obscure items at
>> the kind of price where only someone who REALLY, REALLY needs that exact
>> item
>> would pay that price. I won't go out of my way to visit the place
>> again.
>
> Another example of not understanding money time-value.
> "It's better to make a fast dime than a slow dollar,"
> because a wise salesman will turn that dime over twenty times
> while the foolish salesman is waiting for someone desperate.
>
> I'm not a fan of "pack-rattery," especially in business.
> It's just foolish. There's one reason a place
> becomes buried-alive in *stuff*:
> Their prices are too high.
> Get the price right and someone will buy,
> freeing capital for another investment.
> Money tied-up in things like obsolete CRT monitors
> is eroded by inflation, plus the ongoing opportunity costs
> of capital rotting away in dead inventory.
> If you fire-saled the stuff and did nothing more than
> put it in an indexed fund, you'd average 9%.
> All that dead capital could be out scouting dirty
> old barns, where the real treasures are still hiding.
>
> 73 Dave S.
>
>
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