Imagine if every guitar increased in price like 2x4s in the last yearA 2x4 sounds really good!!
We both agree, the market determines value not inputs. Its the same as most other assetts. Where we disagree is in the part where you think its foolish to try and figure that future value out. You're either good at it, or you're not. Im imagining your view on it would be determined by your experience trying. I happen to be pretty good at it from time to time but regardless I find great interest and enjoyment in doing it. Thats hardly foolish. Its part of the hobby for me.I'm not sure i really understand.
No one called you foolish, that really would be foolish as you say but trying to figure out why people are willing to pay inflated prices for merchandise is not something you are ever going to put a finger on, hence the turn of phrase.
It isn't like any of these guitars got better with age, or changed from what they were. People just want them and the folks that want them have more money than the folks that use to want them or at the least have enough money to make folks not want them anymore.
I traded an old 5350 for 12 Bitcoin back in the way back, so I understand there can be a win, but that does not detract from the fact that a things value is not tied to its worth. Bitcoin has no value, but it has a whole lot of worth.