26 Jan
2002
26 Jan
'02
7:23 a.m.
At 02:07 PM 1/26/2002 -0600, Tothwolf wrote:
What I am saying, is that I often see idiot wannabe
dealers overpay for
*junk* at the local auctions, not even knowing what they are buying, all
the while thinking they can make a fast buck off of "suckers" on ebay.
This behavior is self-limiting due to finite pocketbooks.
We can't make the poor go away, and we can't prevent
poor business sense.
Again, what I am getting at is ebay itself has spawned
a whole new
generation of get-rich-quick idiots who buy up stuff at local auctions for
inflated prices and try to sell it at an even higher price on ebay.
And that's all because you *can* make money buying low
and selling high, depending on exactly what it is that
you can become expert enough to acquire and sell.
There's been plenty of times when I've bought something
for $100 or less and sold it for $1000 or more.
I may be getting old, but that's exciting.
- John