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Well luck definitely had a huge component of it. Speaking of his new subscription model, I wouldn't exactly call it "stupid," (nor would I call it especially sm
by yan 18y ago
Well luck definitely had a huge component of it. Speaking of his new subscription model, I wouldn't exactly call it "stupid," (nor would I call it especially smart) I just think he didn't explain it correctly.
That's the psychology that the luxury goods market exploits. A $30,000 watch won't tell time any more accurately than a $30 watch, nor will it look much better than, say, a $500 watch, but some people who can spring for luxury items do simply as a token of wealth. Just look at the stereotypical nouveau riche spending habits.
- asnyder 18y agoIndeed, usually the $30 watch is more accurate than the $30,000 watch. After all your cheap quartz watch is 99.999% accurate, while your $30K watch is only 99.997% accurate.