I don’t believe for a minute that the market for such products is limited. There are millions of people world wide with the means to buy ultra high end hifi. Wilson is very successful although they do have more affordable products. I’d bet Magico can’t build enough M9 speakers. There is a market for $25,000.00 speaker wire and interconnects. And on and on.
MBL Insolvent
I apologize if someone else has started a thread I missed, but reports indicate that MBL has initiated insolvency proceedings under German law. Not all businesses succeed- its a feature not a bug in a free enterprise system- but hopefully new investors will come in and save the company. This seems to be following the way of Audio Research (fortunately saved) and others-lots of uncertainty surrounding Dartzeel, Krell, etc, which is unfortunate. So many of these manufacturers are small businesses, obviously without huge capital reserves and sometimes without a good succession plan when the founders move on. I hope MBL successfully restructures, it makes great products. I think we all benefit from a healthy, vibrant group at the top end that has the resources to create and innovate. Good luck MBL.