Originally posted by: Kevin Lewis
I don't like spending more than I have to and/or more than something is actually worth. Maybe Boilerfool doesn't care. Sounds like he dumps money without a care in the world. Good for him.
It's illogical for Boilerfool to bleat that my (and his) price resistance limits options for those who don't have price resistance. How so, pray tell? If I won't pay $499 for a hotel room, that INCREASES the options for those who ARE willing to pay that much, right??
But Boilerboob's arguments are usually as dumb as this. Then he throws in some idiot political comment, out of his ignorance. "Socialist" that I don't want to overpay for everything in Vegas?
Oooooookay, Boilerfool.
Kevin believes that worth value is equal to all buyers, regardless of their financial means. This is obviously not the case, nor should it be. My rich friend during our recent trip to Vegas stayed at Circa. It cost him $3000 for three nights. He flew first class from Chicago, which cost him $1200. About 5 years ago, when the company he had a 12% stake in sold for $385 million, he cleared after taxes about $34 million. He also had plenty of money before that, but he did have to pay an X wife $4.1 million of the this money.
Either way, for good reason, he stays and eats at expensive places. He does buy expensive $100,000 vehicles, but he drives them for 200,000 plus miles. He owns only one home, because he can't justify spending the money for another place. Some past splurges for Jeff was $130,000 for 50 hours on a private jet to be used over three years. He loved it, but said that he can't justify this money going forward...saying that he's fine in first class. He is doing a 4 week $75,000 trip to Australia, New Zealand, and Hawaii in January of 2025.
Kevin, your penny pinching, and mine to a lesser extent, limit my friend's options for fancy things.