Quote:
Originally Posted by christiandk
Ok ficke - I will give you that, but say that someone pays 40k for it - would that be the value? No, that would be stupidity or hype - Not much reason in todays market, and it will take very little to make it crumble, imo.
|
Stupidity and hype pricing is still market value, worth. Might not be sustainable but at the time of sell that is the worth of it and it would be just as foolish to sell for less as to buy at that price.
Here is some of my personal experience.
I sold my 1967 911S in 2008 at the "height" of the market. I felt shrewd and smart for not buying into the inflated foolish prices at that time and sold a great car for what I thought was a stupidity and hype price of $47,500. Today that car would sell for North of $200.000.
I do not pass judgement anymore on some one else's view of the value of stuff, because I have been wrong so very wrong.