Bladeswitcher, I could not agree more.
Over my life, I have had a reasonable interest in cars, boats and guns. The pricing of each of those has followed the pattern you describe and I had come to the same conclusion a number of years ago.
Beware of generalizations....
I think formative years matter, but I suspect the only comment that was mixed in that really matters had to do with being able to afford things. After going through many forgettable things, I think acquired tastes take over. For some things, I'll passingly think, I wish I knew then what I know now.
If the car example held true, why aren't there a bunch of thirty and forty somethings 'investing' in those great cookie cutter cars that their folks drove them to baseball practice in the eighties. Even if markets go soft here and there, it seems like some things stand the test of time better than others.
