Originally Posted by Tappits
It's always the people that don't have money, that pretend to know how the rich spend their money.
Here's a little news flash for you, the rich will spend ungodly amounts of money on things they are interested in. They will drop $100K on the stupidest things, but to them, that's what they want, so they don't bat an eye. There are also different types of wealthy people, people who are frugal (the Hunt brothers) and then you have the people that like to drop ridiculous cash on whatever they are interested in (Larry Ellison). In the real world, if a wealthy person is interested in home audio, they won't even flinch at dropping 100K on speakers. It's just a non issue.
There are also regional trends. I live about 2 miles from Lake St Clair which has a goodly number of yacht clubs and public and private harbors - probably one of the larger concentrations of that sort of thing in the world. Around here the boat stores are huge and the audio salons just about don't exist. On the other side of town there are a lot of lakes but most of them can't even float what amounts to be a medium sized boat around here. There are a goodly number of A/V salons.
Now for us normal people, a few thousand on audio equipment is something we definitely think long and hard about.
Yes. Furthermore even many of the more spendy among us will do their own installation.
This is so true, We do some work on some super yachts and the money they spend on them is on the extreme end of omg.
As they say, a boat is a hole in the water that people try to fill with money. A half million dollars does not get you a big boat.
One such time was when the owner of one of them got board of the color of the seats in one of the rooms so he had them changed but the seats were built into the floor so it had to have a new floor laid as well. In the end the total cost of changing the color of 5 single swivel chairs in the bar was €4mill euros. The high end systems stop been for the quality of the music probably long before the $10k mark and its about the looks which is probably more important for the super-rich.
You can spend virtually an unlimited amount of money on a boat and not come close to reaching diminishing returns.
As for SQ its about been happy with what you have got. I think my simple setup sounds good. I am shore if I went up to the nest level up it would sound better but I don’t know what better is so I am happy with what I have. In some ways your better not going and demoing things out of your price range because it will just make you disappointed with what you have. There is always something BETTER with anything in this world its about been content and happy with what you have.
I think that you can spend say $35K on an AV system without installation but you will be pretty close to the point highly diminished returns. The corresponding point for boats is many orders of magnitude more. People spend $35k a year on golf and don't bat an eyelash but end up with hangovers and cheap golf clubs.Edited by arnyk - 6/20/13 at 5:38am