Knife Trends (warning for newbies :-)

Mark J

Mark J

Joined
Mar 15, 2001
Messages
2,450
I just plotted data from my knife purchases. I plotted the date of purchase against the cost of the knife and came up with this graph. Note: the data only represents about half my collection.
graph.jpg


Now, while I'm not exactlly going to get this published in any statistical journal, it is rather obvious that over time I have purchased fewer and far more expensive knives (see red trend line). So, newbies beware...you have been sucked into a financial death spiral. Bwahhahaha :eek:

- Mark
 
You got like 12 grand worth of knives. bejeezes...

On a side note, I think that red line doesn't really present the actual development of your purchasing habits. I don't think your habits have changed since around start of 2003 when you jumped on the high priced knives wagon and jumped off from the cheapo wagon.
 
PatriotDan said:
You got like 12 grand worth of knives. bejeezes...
Click to expand...

It's easy to get sucked in, but there's no way I could afford even 1 grand worth of knives let alone 12 grand

Maybe when I get out of school and start making some decent money. . .
 
Well, that chart is still a whole lot better than if you were still buying a whole lot of knives but only now they're all really expensive as opposed to fewer and more expensive.
 
This nothing to be ashamed of. I too have spend money on my knives, just not to the extreme at which you do:p .
 
PatriotDan said:
You got like 12 grand worth of knives. bejeezes...
Click to expand...


Like I mentioned in the first post, it's only about half my collection plotted on the graph :D . On the other hand, my collection pales in comparison to many other serious custom knife collectors.

- Mark
 
In new product development, products generally have to meet certain regulatory and agency requirements. UL, for example, may require that the product be able to withstand a certain impact. One of the things I often have to teach new engineers is: do not test something you don't have to. Do not measure something if you do not want to be legally responsible for knowing the answer. Because as soon as you do measure or test something, then you do know the answer and you are legally responsible. Some things are best left unexplored.

And I do think that this idea of plotting a graph of the price per knife over time falls smack dab in that category! I'm not going to make one of these graphs because I don't want to be responsible for knowing the result.
 
Another way of looking at it is this...not just what you have spent on your collection but what you will gain when the time comes to sell.

Sample

My Cost $8,899.26
Todays Value $26,103.76

So yeah, I've spent a lot on knives, but I can always set up at a few knife shows or work with a collector and get the money I put into it back and then some.

See...theres always a way to justify buying all those knives:)
 
I have good news: I've been a knife knut for much longer than you, went through a similar curve, and then ended up riding the curve back down to production knives again! I only rarely buy customs these days
 
Gollnick said:
In new product development, products generally have to meet certain regulatory and agency requirements. UL, for example, may require that the product be able to withstand a certain impact. One of the things I often have to teach new engineers is: do not test something you don't have to. Do not measure something if you do not want to be legally responsible for knowing the answer. Because as soon as you do measure or test something, then you do know the answer and you are legally responsible. Some things are best left unexplored.
Click to expand...

That's the advantage of being in aerospace. There are so many regulations, and the cost of product failure is so high, that we don't have to decide whether or not to test. If we can think of a failure mode, we test for it. :D Most aircraft crashes that are equipment related are due to failures no one anticipated any possibility of happening.

My knife procurement graph would be be a gradual curve that would be a fair match for the inflation rate over the last 40 years. The custom bug never bit me.
 
Ya know, I din't get halfway through the original thread starter's post, before saying out loud "bwahahaha."

----------
Oh yeah!
 
That graph only shows the prices of the knives you buy. Your annual output of money seems about the same so the only conclusion is that your taste has improved
Good for you
 
Joe Talmadge said:
I have good news: I've been a knife knut for much longer than you, went through a similar curve, and then ended up riding the curve back down to production knives again! I only rarely buy customs these days
Click to expand...


There is hope!

- Mark
 
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