On Mon, 27 May 2013, Liam Proven wrote:
On 27 May 2013 16:56, Dave McGuire <mcguire at neurotica.com> wrote:
It's just the way I (and some others, if the private mail is any
indication) was brought up. There is an amount of profit that's considered
"honorable", beyond which it becomes shady. It's a matter of opinion.
*I*
think he screwed the old guy by taking advantage of his lesser knowledge.
Feel free to disagree; I respect your opinion, but that is my position.
Now if I were doing that deal, and I found out that the guy was a Wall
Street banker, I'd rob him absolutely blind and he'd wake up naked in a dumpster.
So go on then. Explain why it's OK for Hadfield to make 60? profit on
his Apple 1, but not OK for someone else to make about 12? profit.
Scarcity along with supply and demand is why Hadfield could make 60?
profit.
When does this magical cutoff point appear?
Quantify it. Lay it out. No hand-waving "it's just not right".
Illustrate it with examples.
I am not the enemy here. I despise what the bankers are doing; I hate
the rampant profiteering that is vastly increasing the gap between
rich & poor.
But the old guy made a profit of ?39,300+ for keeping a computer for
30y. That is pretty awesomely good.
I see no rip-off here. I see no profiteering.
I highly doubt he put in enough work to resell it for several hundred
thousand.
Guy buys dead computer, fixes it, does it up, sells it for a profit. A
big profit, sure. But he buys a dead old computer for, as established,
/the price of a goddam house./ He gives the old guy a good salary for
a whole year.
So explain to me how paying enough money that, if I received it, I
would go on a round the world trip for about 2 years - explain to me
how that is ripping someone off.
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