Where the heck are all these manufacturers coming from!
After being out of the HiFi hobby for about 15 years, covid lock down found me playing with some of my stored equipment. After being in the HiFi business for over 40 years, I though I knew who all the players were. A few forums, such as this, and a subscription to Stereoplile has me scratching my head over the plethora of super highend HiFi manufactures that I've never heard of and the unlimited number of inexpensive Chinese HiFi products. Near every day that I peruse these forums or YouTube channels I'm introduced to yet another amp, preamp, DAC, speaker manufacturer I never heard of.
And the prices.....Folks throw around recommendations for $10,000 and much more products with abandon. I just recently saw a 3.5" jumper cable for $39,000 and an 8' piece of speaker wire for $59,000.........I guess I should have stayed in the business instead of retiring!
It's crazy and maybe crazier than ever, but I remember picking up 10 year old mags in the 90's and 00's and seeing that probably more than half the ads were from companies no longer around. It makes you appreciate the longevity of folks like McIntosh, Audio Research and Linn. Nothing sux more than investing your money in a company that folds up a couple of years later. Cheers,
I recently heard there are 17 million millionaires in the U.S. alone. Plenty of people have money (just not everyone).
I think a lot of these "new manufacturers" are from other countries that haven't been distributed in the U.S. before. It's funny because 10 years ago the magazines were full of stories about the demise of the high-end. Looks healthy to me.
The pandemic has been very good for the audio industry as a whole, they are getting record sales. So many popping up taking advantage of this or the ones that were smaller are now larger due to larger sales etc. i suspect it will deflate soon enough as the pandemic come to and end and people start doing more out side their homes.
The vintage market has been especially crazy with silly prices and that's going to crash soon enough. I suspect. Hopefully not as I've got a bunch of stuff I'm going to be unloading soon lol.
A millionaire? LOL Buy and sell a house in CA. Work like an animal for 49 years and then get treated like one too. I was 13 years old kicking rocks down the tracks walking between my 3 jobs..
I like the sound of Billionaire better. If I started counting out loud I'd doubt I'd get to 750,000,000 before I fell over dead.. Can you imaging counting a billion dollars in ones.
I've got 350 lbs of pennies nickels and dimes and another 200 lbs of quarters.
I was going to cash in all the coins but I'm to lazy to cart it to a bank. About 50 lb of quarters is 1000 dollars. I say there is a really nice piece of gear there if I'd cash in. OR save it. I'm pretty good at that too.
OP I suppose it depended on what you collect too. I have a few pure silver door stops.. I wear bib overalls or double chap canvas pants and leather work boots that I've had fixed and resoled 2 times.
I don't change wives either, to darn expensive. Same one for 48 years..
Money has never made me happy nor the love of it. The pursuit of wealth use to be my primary goal in life. MAN did that get old.. It paid great dividends in the long run for just a few years of really hard work (about 19 years) @ 80+ hour a week.
I don't drink, I don't use tobacco, BUT I smoke and have grown cannabis.:-)
I've been a Mcintosh fan and collector for 50 years. Thoren, Russco/QRK/Sparts, TTs. Every now and then I add or remove a vendor from the list. Just added a 2030 Thoren, # 36. 7 that are real peaches..
BE FRUGAL, pay attention to what you buy. NEW? Very seldom.. at my home..
BTW There are no 59K or 29K or 15K or or or.. I don't pay nutso money for gear when 50% of the sound is the room alone. ALL Speakers 25%, gear 20% and cables 5-15% depends on DIY and what you actually pay for cabling.
A lot of amps can do the job for me from 400.00 to about 3K. Nothing fancy.
Preamp? That's different, I spend a few quid..
I have ZERO issues with others paying 59k for cables.. 100% their business and absolutely none of mine.. I'm glad they are happy. So am I. :-)
Somehow I suspect the majority of ppl (almost exclusively men and some of it bought for them) that buy the super expensive stuff aren't on this forum and don't know if their stuff sounds found. All a bragging and d*** measuring contest.
Heavy, listen to thecarpathian the numismatist and take them to a coin dealer. One bag at a time, every two days for however many years. Among those million coins you could probably assemble a valuable collection of rarities on top of face value. Geeky kids will gladly inventory coin bags all day long.
@oldhvymec...+, got your back..I'll buy new only if it's not insane for the benefit it taunts 'n teases...otherwise, broke in and hung up wet. Or not at all...
Gotta watch that rabid rabbit food....hard to tell what's in it, unless you're a paranoid chemist on a rant 'n rave...*s* Don't seem the sort....
Agree with your %ages....my space is my worst issue, only saving grate for me is surrounding self with Walsh. Playing with the space within is my deviate behaviour for the time being.
Coin vs. chance....how much is 'x' worth vs. a lotto tix. Place your bet. ;)
Spouses with longevity are hard to find I find...they're happy to note when you're boring, biased, blase', and have told that joke enough to waste the stone you thought you carved in it... Keeps the chassis grounded and the shorts down.
Did lamb vs. the basic bird, has more 'legs' and shorter in the rotter.
Don't think I could cope with turkey ice cream, even the thought of...
17m$aires...audiostyles and those who create them are on the same path as too many of 'us' populace in general. Pick your pleasure and preference at the price you want to apply to itch with your scratch. *g*
I amuse my muse with that does at the dose I determine. Happy with the solution most of the while, Listening to what it does...
...until the wild hare offs me off to somewhere Else. ;)
Well I guess it's great that we have so many new companies in hi end audio but the only thing that haven't change is the human ears ( hearing ) with that said what happened to the good old days when things were so simple in buying fantastic sounding audio equipment. Example pair of jbl -100 pioneer hpm 100 or advent speakers. Hafler amps and preamps. Audio cables cost more than my damm chevy high country 6.2. Unbelievable. Even if I had Michael Jordan money it's no way in hell I would spend 40.000 thousand on cables. I'm scared as hell how much money I would need to spend on the rest of my audio gear to complete my system 😫 😩 😪
Lots of people with money, but not a lot of people with happiness. Companies selling $59,000 cables, are not selling audio products, no matter what they may convince an audio magazine / reviewer to say about them. They are selling the promise of happiness. It does not take much time on an audio forum to realize that the happiness is at best short lived.
Its "just" supply and demand, and whatever that causes by way of consequences. In this particular case, the cycle of diversity might be at play.
Although, anecdotal evidence would suggest that this is nothing particularly novel in the audio landscape.
Prices are all relative to general price levels and peoples incomes and wealth. A reasonably affordable yet kinda swish Sansui amp in about 1972 (when the Dow Jones was about 900) was perhaps a few hundred bucks.
@oldhvymec - if some of your hundred of pounds of coins are indeed rare you may actually be making money by holding on to them and not losing out to inflation.
I would recommend going through them to pick out the potentially valuable ones and bring them to a coin dealer. The "regular" ones are costing you to hold them every day. Even if you don't care about money, you must have heirs or a charity you can give it to.
I hate wasting money, but love enjoying it. As I get older, there are less things I like or like to do or need, so I just figure my kids will get it when they like more things than I do now. My stereo investing is very sensitive to the law of diminishing returns. The $59,000 cable buyers are living in a Monopoly money world. There has got to be better uses of $59K in the world than buying some cable. The law of diminishing returns was true for that many many thousands of dollars ago regardless of how great sounding a system is.