4 ms·

He thinks that way because it's the only correct way to think. Try raising the value of the record and see what you think about it.

prollings 5mo ago
Why? We know the price was $1300. Doesn't mean anyone would buy it for that much. So try lowering the number and see what you think? The value is what someone is willing to pay for it.
embedding-shape 4mo ago
> He thinks that way because it's the only correct way to think. I typed up something, but ended up almost antagonistic. I realize I just feel sad that for some people money is literally the single goal in their life, seemingly nothing else matters.
- Dylan16807 4mo ago
  What are you talking about? They didn't say anything about what decision is correct. They just said that the two decisions are equivalent. Please note the use of the word "insane" is specifically because buildsjets said it was insane.
NikolaNovak 4mo ago
Mathematically that's absolutely true. Emotionally, it feels different. It's fascinating to see downright angry gut reactions! A few years ago my friend was selling his expensive camera on Kijiji. I asked him to sell it to me for slightly less as a friendly discount. He told me that's the same as just randomly one day giving me a wad of cash, so why would he do that?? I thought he's crazy and was a little bit offended. Actually maybe a fair bit offended! It took me YEARS to realize that 1. He's absolutely completely Inarguably correct, and 2. People would find me no less crazy if I adopted same perspective. Buy for $x, have and not sell for $x, same mathematically. But oh boy will people get instantly riled up emotionally :).
- pbhjpbhj 4mo ago
  Yes, strictly true, but friendship is worth it, no? Do you spend a couple of hours with a friend and then hand each other bills for the hours? Clearly there was a[n opportunity] cost to both of you, after all. Just spending time together without charging would be like randomly handing over a wad of cash ... >Buy for $x, have and not sell for $x, same mathematically. They're not the same. £20 item to buy, I have £100; buying leaves me £80. Either, I have £100; not buying/selling leaves me £100 £20 item I own, I have £100; selling leaves me £120. In the first case maybe I can't make rent now. In the last case I have more cash, but then I need to spend money if I want entertainment/utility that the item had. In the first case I lose 25% of my cash; in the last I gain 20% (this matters when you're sharing your money across different needs).
  - Dylan16807 4mo ago
    If you're trying to make rent right now it makes a difference. In the long run it's looking at X income and comparing how much better/worse off you'd be with X-1 and X+1 income, and those two deltas are almost the same. The fluctuation in value of the object will make a bigger difference than the technicalities of buying versus selling.
- throw0101a 4mo ago
  > Buy for $x, have and not sell for $x, same mathematically. But oh boy will people get instantly riled up emotionally :). Price and value are not the same. The logic of your friend was basically putting a price on how "special" (or not) he saw your relationship versus some rando-buyer online. That is why people (close to you) get riled up emotionally: they're being treated in a way no different than a complete stranger.
  - Dylan16807 4mo ago
    If you ask your friend for $100 for no particular reason, just because you want $100, that's an annoying request and "no" is a reasonable response. It's not putting a price on your relationship. It's technically the same answer they'd give a stranger, but that doesn't mean you're being treated like a stranger. (I do think a slight discount often makes sense just because a friend is probably quicker and easier to deal with. But anything more substantial turns into asking for free stuff, and yes and no are both perfectly fine answers to that.)
JKCalhoun 4mo ago
I have no idea, have not looked into the value of my record collection. An easy end to that line of reasoning for me.
prmoustache 4mo ago
The fact it sold once at that price doesn't mean there is still someone willing to buy it at that price. And he doesn't necessarili need thos $1300

prollings 5mo ago

Why? We know the price was $1300. Doesn't mean anyone would buy it for that much. So try lowering the number and see what you think? The value is what someone is willing to pay for it.

embedding-shape 4mo ago

> He thinks that way because it's the only correct way to think. I typed up something, but ended up almost antagonistic. I realize I just feel sad that for some people money is literally the single goal in their life, seemingly nothing else matters.

Dylan16807 4mo ago
What are you talking about? They didn't say anything about what decision is correct. They just said that the two decisions are equivalent. Please note the use of the word "insane" is specifically because buildsjets said it was insane.

NikolaNovak 4mo ago

Mathematically that's absolutely true. Emotionally, it feels different. It's fascinating to see downright angry gut reactions! A few years ago my friend was selling his expensive camera on Kijiji. I asked him to sell it to me for slightly less as a friendly discount. He told me that's the same as just randomly one day giving me a wad of cash, so why would he do that?? I thought he's crazy and was a little bit offended. Actually maybe a fair bit offended! It took me YEARS to realize that 1. He's absolutely completely Inarguably correct, and 2. People would find me no less crazy if I adopted same perspective. Buy for $x, have and not sell for $x, same mathematically. But oh boy will people get instantly riled up emotionally :).

pbhjpbhj 4mo ago
Yes, strictly true, but friendship is worth it, no? Do you spend a couple of hours with a friend and then hand each other bills for the hours? Clearly there was a[n opportunity] cost to both of you, after all. Just spending time together without charging would be like randomly handing over a wad of cash ... >Buy for $x, have and not sell for $x, same mathematically. They're not the same. £20 item to buy, I have £100; buying leaves me £80. Either, I have £100; not buying/selling leaves me £100 £20 item I own, I have £100; selling leaves me £120. In the first case maybe I can't make rent now. In the last case I have more cash, but then I need to spend money if I want entertainment/utility that the item had. In the first case I lose 25% of my cash; in the last I gain 20% (this matters when you're sharing your money across different needs).
- Dylan16807 4mo ago
  If you're trying to make rent right now it makes a difference. In the long run it's looking at X income and comparing how much better/worse off you'd be with X-1 and X+1 income, and those two deltas are almost the same. The fluctuation in value of the object will make a bigger difference than the technicalities of buying versus selling.
throw0101a 4mo ago
> Buy for $x, have and not sell for $x, same mathematically. But oh boy will people get instantly riled up emotionally :). Price and value are not the same. The logic of your friend was basically putting a price on how "special" (or not) he saw your relationship versus some rando-buyer online. That is why people (close to you) get riled up emotionally: they're being treated in a way no different than a complete stranger.
- Dylan16807 4mo ago
  If you ask your friend for $100 for no particular reason, just because you want $100, that's an annoying request and "no" is a reasonable response. It's not putting a price on your relationship. It's technically the same answer they'd give a stranger, but that doesn't mean you're being treated like a stranger. (I do think a slight discount often makes sense just because a friend is probably quicker and easier to deal with. But anything more substantial turns into asking for free stuff, and yes and no are both perfectly fine answers to that.)

JKCalhoun 4mo ago

I have no idea, have not looked into the value of my record collection. An easy end to that line of reasoning for me.

prmoustache 4mo ago

The fact it sold once at that price doesn't mean there is still someone willing to buy it at that price. And he doesn't necessarili need thos $1300