Rug Burn Junky on 29/11/2006 at 16:39

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Cut the fucking bullshit.

You're a barely-out-of-your-diapers dilettante who's got no business talking shit about what "profitable poker player" you are, or your "career in finance." :rolleyes:

Be careful what YOU boast about, you little fucktard, because rest assured, I'm already farther along either track than you are. I mean, fuck, I actually have a career on Wall Street and some little two-bit shit-for-brains chump is going to lecture me on FINANCE?

JIGGA FUCKING PLEASE.

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Now, to humor you by showing you why you're still wrong. For one thing, YOU two are the ones pulling your numbers out of your ass. Read the fucking Consumer Reports link. THEY ACTUALLY HAVE ACCESS TO AVERAGE REPAIR COSTS ON AN AGGREGATE BASIS. Whereas you guys are just making shit up about "Oh my god, it costs bazillions to repair a laptop." No, no it doesn't.

When you factor in the likelihood of it A) actually needing to be repaired while B) actually being covered by the extended warranty, it's not nearly often enough to make it worth spending up to 20% of the original cost of the laptop on a bullshit warranty.

Second, the "insurance" argument is specious. There is a huge difference between insurance and extended warranties:

A) Insurance is generally subject to market pressures in ways that extended warranties are not, since you are usually limited to buying the warranty from the manufacturer or the vendor.

B) Consumer level insurance is generally used for assets which appreciate (homes) or are truly irreplaceable (health).

C) Insurance is often used either for the benefit of, or at the expense of third parties. Either employers or mortgage lenders, just as an example.

There are a whole host of reasons why most types of insurance differ from your garden variety extended warranty. But I have little hope that you can understand that, because you can't even get the basics through your thick fucking skull.

Fingernail on 29/11/2006 at 17:14

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The Simpsons. :(

Mortal Monkey on 29/11/2006 at 23:48

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hha hha

Renegen on 30/11/2006 at 13:40

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That's exactly it, repair costs are low, and they're lower still for the laptop manufacturers. You were saying with your superior math skills(that the best answer you actually have is to insult me, first tell me you can actually apply statistics in something like poker then you have the right to boast) revealed that warranties were a waste of money. Your argument quickly went from saying that it was a simple matter of math to saying some undeniable proof of Consumer Report, great, show it to us for scrutiny. As of now, if Dell needs to pay only $500 to replace a laptop and charges you $1000 for it and if laptops have a 20% chance of being defect over their life(and it's serious stuff, not some RAM that's corrupted and needs replacing) you can afford to pay up to $200 for the warranty for it to make sense! But Dell only needs $100 to break even, you're telling me they overcharge their warranty that much? Pull out those numbers.

Now you want to talk about risk? My $1500 laptop is my most prized possession and I have no money to buy 100 of them until the statistical edge is on my side, over 1-10 purchases it's extremely easy to be unlucky. $1500 is a lot of money and there is a very big risk involved buying the laptop. Now what you advocated was for the aggregate of your consumer goods not to get warranty, that's good if you're RBJ and you are crazy about gadgets but for most people they won't buy more than 10 big ticket items like laptops and the risk is always there, they might never achieve that mathematical advantage and that is if it's positive to begin with.



Thank you for legal definitions, something about missing the forest from the trees? Yes life Insurance or even home insurance has a greater emotional impact that's not present with a warranty, but in the end they all come down to protecting against risk. If I were to lose my laptop after 3 months and have no warranty I'd be pretty damn emotional about it, if you're rich and buy hundreds of items, no. But the warranty is sold to the person who actually needs it and it has a substantial emotional effect.

Rug Burn Junky on 30/11/2006 at 16:29

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Renegen,
Shut the fuck up. You're just plain wrong, and too dumb to realize it.