Personal vs. Market Values


Take truffle oil. Or truffles. The mushrooms, not the confection.
Honestly I can’t taste it. I’ve ordered all sorts of dishes with "truffle oil" which commanded a premium and if there is any difference at all in the taste I could not tell you even after being told about it.

The point of this is that truffle oil holds no personal value to me. I’m not trading in it or running a restaurant or buying it in bulk. If I did that I’d feel and be willing to spend quite differently than I do now.

The point to this and how this matters in audio is that you should be true to your own ears. Use friends, reviews (cough) and other sources as guides. You may also evaluate a brand based on re-sale value. That’s reasonable as the resale could have a material impact on you in the future.

But if you can’t hear a difference or prefer a speaker/cable/amp no one else does then serve only yourself and your loved ones. Don’t be fooled into thinking that the market value of a particular product has value for you or that it is a display of relative merit. It may not. Our hobby is filled with charlatans selling invisible clothes.

Those who say they can't taste the truffle oil or see invisible clothes spend less and are far happier I think.

Happy listening,

E
erik_squires

Showing 4 responses by john1

As far as it goes this has the potential to be a fascinating & terribly valid question. So let's take it where it's dying to go.  "Personal vs. Market Values"  necessarily also means Market vs Personal values.  This is where it gets (too often savagely) peculiar.  The psychological terrain of reacting to the unconscious forces made conscious & acted on by attempting to sell at prices rationalized as fair market value dominates it more assertively but is really equally present in both instances.  More neurosis acted on in the first instance with too many not understanding when it is time for something to go out of your life it is incumbent on you to do so as elegantly & quickly as you can.  The time, effort & energy money represents being squandered due to self-propelling neurosis of pretending to get it back by being stubborn in getting a too specific, arbitrary number -  is too often (by no means always) a constant wonder. 

It bears mentioning the charlatans the question refers to selling snake oil are often selling to those making fear-based decisions.  Concerning how the audio makes them look to others.  Status seeking is always a fear-based approach. As is most purchasing in the lifestyle category.  These buyers are often not looking for quality audio in the first place.  At least not primarily.  They fund the industry in large measure however & we should be grateful for their contribution. 
To answer eric_squires concerns,  The first quote refers to people selling for reasons they do not themselves fully understand & become arbitrary about it & therefore unreasonable about the price they ask for & insist upon. They know they've had enough of that component, speaker or whatever in their life & need to sell it. That part is often very rational. It is the best reason to sell anything.

It starts to get negatively complicated when they then develop control issues concerning price. Much of the time when something is no longer satisfying your unconscious pleasure centers (what enjoyable listening fundamentally is) it is time to let it go & find something more appropriate that does (If you need the money for something else, that's another matter).  Control issues are always a sign of those feeling out of control of their own unresolved emotional issues & seeking to "control" exterior events & people to compensate. It never can of course.
As for the second quote, such people in order to feel more powerful, masculine etc. pick a high price in an attempt to persuade themselves both are somehow strengthened. They rationalize it is fair, market value with often dubious evidence. The economic sense of it is very often zero (not always but too often) as they waste so much of the time, effort & energy money represents in trying to do so.  It's common on AG (a recent thread was devoted to it & sent out as a forum topic in the AG newsletter) & bringing it up (& hopefully diluting it) makes AG a better place.  It's certainly at the heart of how personal & market values interact on AG.
I tried cut & pasting erik_squires but this forum doesn't allow that easily & to be placed organically on the page. I then spelt the name incorrectly & if that was interpreted as to be an offence, it was not.  The body of my message answers the question asked as the main one posed - in addition to the follow-up. 
In point of fact, it was 12 characters making the mistake far easier to make. The concentration on only 4 of those characters, the depth of sensitivity to them, the extreme reluctance to put them into any kind of context & then again confirmed by not addressing my explanation other posters agreed with, the then sudden disinterest in the original question governing this thread & then the supplementary question asked about it in great detail & answered in great detail, make a splendid segway to my original point made in the answer to the original question.

Namely, sellers & others on AG have immense & intense emotional motivations they act on (the personal values inquired about) in often unpredictable ways. These affect all perception of market values which is in turn affected by them. The subjectivity of them can easily cause the abandonment of positions they strongly held previously, often in knowing ways. It makes al negotiation far more difficult of course, but also extends to any communication taking place. The personal (old, unresolved unconscious hurts) & the business at hand (or the market) get all mixed up & the audio being discussed too often gets distorted/left behind. It bleeds over into every area & only gets resolved to the extent that we become eager & courageous enough to own our deepest stuff & positively act on it.

The reasonableness pleaded for in the original question becomes something else as the subjectivity also bemoaned takes center stage.