On depreciation
My neighbours upstairs have just bought themselves a brand new TV, and it just so happens to be the exact same make and model as my own.
My TV cost just a hair under £400, which at the time was about £200 less than the RRP; theirs was less than half of what I paid, without managers’ and staff’s discount, and with the discounts applied meant that their TV cost them £144.
£144!?
Depreciation? I’ve heard of it…