[chownie]

He wants the thing. He does not value the thing at 1300 dollars so he would not buy it for 1300 dollars. He found it for a lower value, he kept it because the point at the start was he wanted the thing.

On the topic of HN users, is it our collective first day on earth?

[pembrook]

The point is it's irrational behavior. And we all do it.

It's burning $5 in gas and $20 in time to go to a store further away and save $25 on a sale item. And then proudly bragging "I'm not like those idiots who pay full price!"

OP didn't find a record...he found a $1300 arbitrage, then decided to spend the proceeds on the record by keeping it.

In other words, this is why selling stuff to consumers is a nightmare.

You have to trick them into believing they "won one over" on everybody else, via discounting and promotions, no matter if ultimately they're the ones losing by spending hours of their time jumping through hoops on a product that they legitimately value at full price.

[chownie]

As kindly as I can, your comment is 100% the irrational behaviour.

Everyone who's replied thus far has fallen into the same trap, you saw money and you forgot the value of the actual thing he wanted. Now he has the thing, you're still stuck talking and thinking about the money.

This comment section sees two guys trading a briefcase of dollars bills all day long as a roaring economy. Somehow completely blind to the human.

[Dylan16807]

> He does not value the thing at 1300 dollars

If you decline to sell a thing for an easy 1300, doesn't that mean you value it at 1300 or more?

[Borealid]

Technically no, because selling a thing is both a risk and a cost (of time and money).

[GuinansEyebrows]

it could simply be that you value owning the object in terms other than money. sentimental reasons, completionism tendencies, novelty, some other "non-rational"/emotional reason; any of these can have a stronger pull on the mind than $1300 to someone who doesn't immediately need the cash for survival. i have some records like this (not in that price-range but still) along with a few other collectible items (some rare handmade keycaps that were going for over $500 a piece at one point) that I refuse to part with for money because i just... like them :)

[brazzy]

Only if you actually need the 1300 cash, or think that you won't be able to sell it in the future.

[jmalicki]

If you don't need the 1300 cash, or think that you could sell it in the future, you could also buy it rather than merely not selling it.

[ToucanLoucan]

> On the topic of HN users, is it our collective first day on earth?

The disease of financialization at work. Money is all that matters to people, everything is converted into money. It's only value is what you could get from selling it, and/or what you spent to acquire it.

Like those weird fuckers who buy $200k supercars so they can sit in a damn garage. (She said, having put 30k miles on a Corvette inside of 3 years)

[genewitch]

10k mi/yr is a nice round "lease" number of miles. Are you sure you don't value the resale value of your car more than the joy value?

someone, above: > believing you hunted down a 'deal' causes you to wildly change how you perceive value at an emotional level.

I'm going to quote myself, paraphrased, because i forget the exact phrasing.

"All else equal, which tastes better: ice cream you've paid for; or ice cream that cost you nothing?"

edit: i didn't intend the above to be snark, even though it may read that way.

[ToucanLoucan]

> 10k mi/yr is a nice round "lease" number of miles. Are you sure you don't value the resale value of your car more than the joy value?

I mean it's helped by the fact that I can only realistically drive it like 7-8 months out of each year, and it's my fun car, not a commuter. As much as I'd love to drive for fun every day that's just not feasible, lol. That said it's resale value has never once entered my mind. I'm waiting until the loan is paid off at which point I'm planning several modifications to get more power out of it, and probably a lambo-door-hinge kit.

[foobarbecue]

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