Quote:
Originally Posted by
UltimaNoctis 
You see that wasn't my question.... :P My question was, if a billionaire had billions of dollars to spend and he wanted THE BEST of the BEST. for his home cinema... What would he buy? Certainly if you have 50 billion USD in your bank and loved hi-fi equipment you'd spend more than a few thousand -__-
The point of diminishing returns is in the thousands, not billions.
I could spend more, but I won't. If I had billions about, I'd find a more efficient way of spending them. The high-end equipment would just transfer money to the manufacturer.
I would find a use with more social utility. Would it be better to spend a few million on speakers, or would it be better to endow some chairs at a university I attended and give out dozens of scholarships? Since the expensive speakers wouldn't sound any better than the ones that cost a few thousand, I argue that the social use for education would have the greater benefit.
What about developing several thousand units of low-income housing? How about starting a company that provided a lot of jobs? Or maybe providing free vaccinations for an entire small country? I'd have social utility while still enjoying good sound.
Which is what I do, but not on quite as grand of a scale. I could spend a lot more, but just don't see the point. Same reason I don't spend a lot on a car or other things where the law of diminishing returns kicks in hard.