Archived posting to the Leica Users Group, 1996/05/06

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Subject: Re: Leica Investments... was `Lens Hood Prices'
From: Wolfgang Sachse <>
Date: Mon, 6 May 1996 23:54:29 -0400 (EDT)

	Patrick Sobalvarro wrote...

> So, to make this whole inflation discussion complete, I thought I'd
> make the calculations into today's dollars for the couple of 1960's
> Leica prices that were posted ....

	Nice job. Interesting.

>                                                ... but it compares
> remarkably well to the price increases for real estate in Palo Alto..
<snip> ...

> Another question you might want to ask yourself is whether an M-3
>                .... would have been a good investment, compared
> to (say) a portfolio of stocks...
>                 ... It would have been a terrible investment!
<snip> ...

	Thank God we're having fun taking pictures which
	makes us feel good and hence reduces our personal
	health costs. And so, when one makes the calculation
	correctly, we are, in fact, making a good investment!


	-- Wolfgang
    Wolfgang Sachse                             Cornell University

In reply to: Message from (Patrick Sobalvarro) (Re: Lens Hood Prices)