Can you Analyze this?

A buddy at work ran into me with a picture in hand wanted to show off his newly purchased road bike “Trek”. I gave it a close look while he was explaining the advance technology behind it… he then turned to me and asked, “what’s your hobby?”
I logged in A’gon and showed him a picture of a Shunyata power cord that cost the same price as his bike, $1k. Put both image side by side, the bike and the cable, and we both stare at them to value other’s hobby.
If consider both as design, parts, and labor, I clearly understand how and why the road bike would have cost $1K or more. The engineering behind it and the amount of materials to make a complete bike if not considering the time to put all parts together and tuning, adjusting, etc. The power cord, on the other hand, just lay there… I could not find any good reason to explain to him what would it take to make this P/C a $1,000?
I chose not to value it with his bike but to acknowledge him that ”this P/C is bigger (in size) and it’d sound much better than the cheapo OEM ones, dude.”
To be honest, this incident made me realize something. A quick revaluation gives me a thought that I think I need to slow it down. Because:
For $1k, I can buy a set of tires that could last (at least) a year.
For $1k, I can buy a decent CD player that I could enjoy and value it for years.
For $1K, I can buy a decent set of monitor /bookshelf that I can clearly hear greater “differences”
For $1K, I may not come back shopping for clothing for a long time.
For $1K, I could have couple business “meals” that could land me some $$$
For $1K, I can build a section of the patio for the wife for our quality time.
I fully understand that manufactures have been paid great amount of money for markupting, (oops, I misspelled it again) but C’mon now, $1K?

There was a man freshly walked inside a casino. Right at the front doors he saw people playing cards around the $10 tables, he rolled his eyes, shook his head, and mumbled “too much! where do these people get their money from?”. But much later after mid-night, he realized that he was having so much fun playing Black Jack on a $1,000 table and he could not get up and walked away…does any1 have or know a term for that? hehehe

In conclusion, for me to get this $1,000 P/C, I would have to come up with a very good lie to the boss lady… unless I’m being selfish and not telling her anything……. like I’ve been doing. Lol

Enjoy listeing everyone.
NasaMan