NYNick |
12-11-2019 02:16 PM |
Quote:
Originally Posted by BLACK3.2
(Post 10685496)
I mean, we don't come on here to purely discuss the market. This is an enthusiast forum, so there is an implied perspective. The problem with purely following the market is that you can't assume current trends will continue. The general consumer is fickle, however, and tastes change rapidly. Enthusiasts are different, with much more reliable tastes that are easier to forecast outward.
With the exception of the flippers on here, most of us are interested in persisting and not transient value.
|
It's also too easy to call the "market" the market. Just because one fool pays too much for a car (or a house, or anything) doesn't mean that establishes the market value for those commodities. We've all seen bubbles inflate and deflate.
This is where Sugar goes headlong down the rabbit hole and ignorantly astray. He postulates that if someone is willing to pay a particular price, that establishes the baseline to call it the market price. It's lazy economics, it's typical of his individual stupidity and it's wrong.
True marketplace dynamics are made with metrics such as medians, means and sample size, not isolated incidents or sales. Haggerty has a a better handle, they're just 12 months behind and their inputted data is questionable because of reporting sources.
Sugardope operates with an independent opinion or interpretation. He's like the purist that thinks the factory got it correct every time and the car should be maintained as it left Stuttgart.
I'll give the purists their due, as they have their place in the hobby.
Not so, our ignorant sucrose troll.
|