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In lugnet.off-topic.debate, John Neal writes:
> Reasonable? Whether or not one views the amount of profit to be reasonable is
> completely beside the point. That is because the *market* determines the
> value
> and thus the amount of profit one can make. If I find a set at 80% off and
> turn
Ah - the theory of the perfect free market. It'd be nice if it always
worked like that - but it doesn't for various reasons, most notably that
people don't always have perfect knowledge of the market. The going rate
for something might be $300 but if someone doesn't know that you might
still get away with selling something for $600.
> as both, but it's different. Sometimes it feels funny (to me anyway) bidding
> against people you know, etc., but I think in the end it all boils down to
supply
Yep - I'd go along with that.
Simon
http://www.SimonRobinson.com
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Message has 1 Reply:
 | | Re: Who had the 5571 Inventory?
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| For me the most notable reason why our little market isn't perfect is that IMO we are in a constant state of short supply on most elements (because of TLG's unwillingness to offer bulk), not to mention that most sets are not available through Lego (...) (25 years ago, 24-Mar-99, to lugnet.general, lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: Who had the 5571 Inventory?
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| (...) Reasonable? Whether or not one views the amount of profit to be reasonable is completely beside the point. That is because the *market* determines the value and thus the amount of profit one can make. If I find a set at 80% off and turn (...) (25 years ago, 24-Mar-99, to lugnet.general, lugnet.off-topic.debate)
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