I'd have to say so.     Wow, I guess that there is just absolutely no accounting for how stupid some people are.  

just goes to show anything can happen on ebay!

I asked him why he was willing to pay that, he said the bought stock in a dot.com (this was in the 90s, yes) and had money to burn. So, there is no accounting what someone who has money to burn can and will do with their dough!

Forget for the moment that the relative cost of things (to your income) get driven way down.

It is also worth noting that the more money a guy is making the more valuable is his time. Ask any lawyer and they'll tell you their leisure time is precious. Spending even 10 minutes on eBay to find a better price is just not worth it to him ... let alone spending hours every day looking at auctions to get the best price and the knowledge of the typical market price. [Of course, some people get enjoyment looking for bargains.. but I'm holding everything equal].

In other words, if I was rich I'd be paying premiums for items left and right (so long as I still valued them more than the price I paid) just so I can spend my time on more productive things. By the same token, most of us with modest incomes don't drive across town or spend hours in a lineup to save a couple bucks.

There is something weird about this guys feedback



http://feedback.ebay.com/ws/eBayISAPI.d ... =-1&de=off



138 feedbacks from 8 members. Guess he doesn't like to 'shop' around

Sea-to-sky-games wrote:
Forget for the moment that the relative cost of things (to your income) get driven way down.

It is also worth noting that the more money a guy is making the more valuable is his time. Ask any lawyer and they'll tell you their leisure time is precious. Spending even 10 minutes on eBay to find a better price is just not worth it to him ... let alone spending hours every day looking at auctions to get the best price and the knowledge of the typical market price. [Of course, some people get enjoyment looking for bargains.. but I'm holding everything equal].

In other words, if I was rich I'd be paying premiums for items left and right (so long as I still valued them more than the price I paid) just so I can spend my time on more productive things. By the same token, most of us with modest incomes don't drive across town or spend hours in a lineup to save a couple bucks.

I knew it! The buyer is not really dumb, he is just lazy or has other better things to do.  

bclarkie wrote:Then again, on second thought some "people" here I imagine will claim that this is a price trend.

It never fails.....lyrics....beer.....check!

Sea-to-sky-games wrote:
Forget for the moment that the relative cost of things (to your income) get driven way down.

It is also worth noting that the more money a guy is making the more valuable is his time. Ask any lawyer and they'll tell you their leisure time is precious. Spending even 10 minutes on eBay to find a better price is just not worth it to him ... let alone spending hours every day looking at auctions to get the best price and the knowledge of the typical market price. [Of course, some people get enjoyment looking for bargains.. but I'm holding everything equal].

In other words, if I was rich I'd be paying premiums for items left and right (so long as I still valued them more than the price I paid) just so I can spend my time on more productive things. By the same token, most of us with modest incomes don't drive across town or spend hours in a lineup to save a couple bucks.

Badmike wrote:
Interesting, that's EXACTLY what the guy who paid $50 apiece for my books used to explain it to me.  He told me how much he made an hour (can't remember the figure, but it was ridiculous, something like $500 an hour), and told me that his time wasn't even worth putting up ads and checking out stores on the internet to find the stuff (this was before Ebay).  For him, it was actually more economical to pay some ridiculous price all at once and get the stuff he needed all at one time, searching for the items actually wasted him money rather than save it.  I'd love to be able to use that reasoning at some point of my life!!!!

Mike B.

Aaron at Noble Knight has told me pretty much the same thing about some of his heavy-hitting customers.  They don't have time to shop for bargains and would rather supply a want list and then pay the price when the item is found.

Kosh Vorlontay wrote:It never fails.....lyrics....beer.....check!

I must be psychic or something.....

Kosh Vorlontay wrote:
It is scary at times BC

But I equate you to the guy on the USA show 'Psych'

Ahh, its really not psychic when the behavior is so predictable that it borderline ridiculous.