Archived posting to the Leica Users Group, 2001/10/08

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Subject: Re: [Leica] Re: [OT] Dr. Blacktape drinks the economic Kool-Aid
From: "B. D. Colen" <>
Date: Mon, 08 Oct 2001 09:58:35 -0400
References: <>

No argument, Alexey...The only 'argument' is about the nonsense of
'investing' in Leica equipment.

There is one thing that is true about Leica equipment as an
'investment:' With only the rarest of exceptions, any money you put into
Leica M gear will be at less risk over time than any money you put into
other photographic equipment. 
So in that sense, M bodies and lenses are good 'investments.' ;-)

B. D.

Alexey Merz wrote:
> > From: "B. D. Colen" <> writes:
> >
> > No s**t.....The folks who are pointing to the last 12 months and the
> > disintegration of their portfolios as some sort of proof that Leica
> > cameras are good investment are really looking at the world
> > through very
> > cracked lenses. The market goes up and down, guys/gals. Frankly, anyone
> > who invested in dot.coms etc. for more than a very brief ride had all
> > the sense and sanity of the folks who invested in tulips in, what, the
> > 17th century, or in any of the other great and notorious bubbles of the
> > past. The question is not what did portfolios do recently, but what
> > happens to, let's say, $1000 invested in blue chips over a 10 year
> > period worth versus what happens to $1000 invest in Leica
> > equipment. And
> > you KNOW the answer to that one.
> Indeed I do: it depends on which 'blue chips' you hold, and it
> depends on the 10-year period you choose. For example, if you had
> chosen a representative cross section of the Dow and invested for
> any 10 years during the interval 1965-1982, you would have been
> disappointed.
> See, for evidence:
> I think that we have entered another similar period of stagnation,
> though I hope this time that it will last less than 17 years.
> Alexey Merz
> Department of Biochemistry
> Dartmouth Medical School, Hanover NH 03755-3844
> |
> 603-650-1702 |
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In reply to: Message from Alexey Merz <> ([Leica] Re: [OT] Dr. Blacktape drinks the economic Kool-Aid)