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Old 2nd April 2010   #15
Wiggy Neve Slut
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Quote:
Originally Posted by Clueless View Post
And from the earlier thread we know that such desks were not moving two years ago at £150,000. So let's say that for £135,000 it would have sold. This means a depreciation of £20,000 over the past two years, or about 15%. That's actually very close to straight-line depreciation of capital goods, meaning that the intrinsic value of the desk has held relatively constant for its asset class.

If we look at the capital markets, the S&P was close to 1400 in June 2008, and now it's 1,063.11, which is a depreciation of 24%. If you were in the market for an SSL console in the past two years, you'd have been better off cashing in stocks in June 2008 and buying gear than holding stocks and buying gear today.
But if you traded volatilty over that period you could have bought 50 of them!!!

Wiggy
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