1 Jul
1998
1 Jul
'98
12:12 p.m.
On Wed, 1 Jul 1998, Seth J. Morabito wrote:
I think that $200 is approaching the very-high-end of
anything I would
go after myself.
So, if I offered you an Apple 1, one of 200 made, for $1000, you'd turn it
down?
Whenever I see a system I want, I go through several rationalization
exercises. The first is "new systems cost much more and are much less
interesting."
If that doesn't work, there's always "I haven't bought a new car in a
while, so I'll get this instead."
Then there's "if I value my time at $X/hour, and it would take me more
than Y hours to find this thing on my own, then it's worth at least $X*Y
to buy it from this guy."
For small stuff, I have a simple metric: sheer frivolous entertainment is
worth about $3/hour to me (e.g., movies: $6, magazine: $3, a good
book: $12, etc.), so if I can gain at least $X/3 hours of enjoyment from
the object, that's a buy signal.
-- Doug