Price, Value, Worth and COGS

A subset of value's constituent parts can be defined objectively. There is an agreement that price: performance ratio makes up a portion of the definition of value. Though tolerance to price is subjective, price itself and the performance of individual components can be measured objectively. One problem is finding a consistent public source for standardized measurements. Once performance has been determined, the rest is a cost/benefit analysis. One positive side effect of depending on objective measurements is that there are relatively very few products that have been measured in a consistent way, thereby substantially narrowing product choices and leaving a manageable heap of information for consumers to sort through.
 
Mahalo=Thank you.

To make it easy for people who read this forum to find.

I'm sorry, I didn't make my point clearly I guess. What does the system I'm currently listening to have to do with the broad issues around price/performance, or for that matter, most of what we discuss here?

Tim
 
I'm sorry, I didn't make my point clearly I guess. What does the system I'm currently listening to have to do with the broad issues around price/performance, or for that matter, most of what we discuss here?

Tim

There are two reasons for listing one's system - other posters can have an idea of our preferences just by looking at our systems, and most audiophiles are curious!
 
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We should all be named George. ;) ;) ;)
 
There are two reasons for listing one's system - other posters can have an idea of our preferences just by looking at our systems, and most audiophiles are curious!

Good reasons.

Tim
 
No one is required to list their system on WBF. However, I do appreciate it when people list their system so you have some idea what they are listening to.
 
Hmmm...looking in my profile. I don't see where to put the system...

Tim
 
Vivid V1.5's
JL Audio F110's
Coda Amplifier 15.0
Jeff Rowland Capri Preamp
Weiss Dac2
Blue Circle power conditioner
Analysis Plus cables
Real Traps room treatment with some DIY bass traps
 
So I was just reading a Concert Fidelity phono preamp review and they took detailed photos of the inside.

Is this really "COGS?" ---$14,000 sticker. Kudos for allowing these shots to be posted to the public.

http://positive-feedback.com/Issue55/concert_fidelity.htm

(if it's not cool to post links to other sites, please let me know and I will edit this post)


It's the 80 year old, pre-nuclear age, 99.9999999999999999999999% silver wire :)
 
Hi

Well if they priced it at $500 , it would not have been considered "lithe" and "musical" .. It would be "decent for its price". By bringing he price to this level the expectations biases kicked in ... ;)...
 
I've heard the Jasmine phono preamp is the cat's meow and costs around $500, new, on ebay. It has beat the almighty Manley Steelhead by some folks i know.
 
I've heard the Jasmine phono preamp is the cat's meow and costs around $500, new, on ebay. It has beat the almighty Manley Steelhead by some folks i know.

Unlikely that a magazine would evaluate it and state this conclusion ... It is after all build at a "price point" :rolleyes:
 
I'm sorry for asking so late in the piece...I hardly ever log in but now I am...but what is COGS????

(have enjoyed the thread none-the-less)
 
Cost of Goods Sold :)
 
So I was just reading a Concert Fidelity phono preamp review and they took detailed photos of the inside.

Is this really "COGS?" ---$14,000 sticker. Kudos for allowing these shots to be posted to the public.

http://positive-feedback.com/Issue55/concert_fidelity.htm

(if it's not cool to post links to other sites, please let me know and I will edit this post)

Thanks for posting the link for such an interesting review - the critical point is not only price, it is Marshall Nack's conclusion:

"However, dyed-in-the-wool audiophiles are likely to have issues. On the audio report card grades slip a notch from my pace-setting ASR Basis Exclusive. On the other hand, the ASR doesn't have anything near the realism of the CF." The real question seems to be what is the CORS (cost of realism sold), not the COGS.
 
Thanks for posting the link for such an interesting review - the critical point is not only price, it is Marshall Nack's conclusion:

"However, dyed-in-the-wool audiophiles are likely to have issues. On the audio report card grades slip a notch from my pace-setting ASR Basis Exclusive. On the other hand, the ASR doesn't have anything near the realism of the CF." The real question seems to be what is the CORS (cost of realism sold), not the COGS.

Indeed it is an interesting question. i personally could not buy such a unit---but i'm sure others would disagree.
 

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