Cautionary Tale: Audiophile's dream's end... Make sure to find balance, audiophiles.

BoredSysAdmin

BoredSysAdmin

Audioholic Slumlord
I'm sure many folks here saw a jaw-dropping system that (RIP) Ken Fritz built and how much money (over $1 mil) was spent on it over the years. Here is how that story ends; it does not have a happy ending.
I found it amazing that those speakers were sold off for a mere US$10,100 despite the US$216,000 appraisal based on the parts! I suspect Ken would be horrified to know this.
...the final auction price of $157k for all the gear...
 
isolar8001

isolar8001

Audioholic General
Always sad when someone passes and what they held dear is almost given away. :(
 
ryanosaur

ryanosaur

Audioholic Overlord
But that's the whole point. Dude was so obsessive about his plan, his fantasy, as to disenfranchise family at not just a large fiscal expense but a significant emotional expense, too.
In the end, what was made from the sale of this gear went to good use, but none of it was sold at anywhere near the original monetary cost.
There is a lot more in the story to be sad about than his passing.
 
davidscott

davidscott

Audioholic Spartan
Sad but his passion for the hobby made him happy while he was alive. Should have made his heirs more aware of what the gear was actually worth.
 
lovinthehd

lovinthehd

Audioholic Jedi
Seems that if the old man really cared about what happened to his gear he'd have left specific instructions, like one might do with a loved pet. Then again it's only worth what you can sell it for.
 
Eppie

Eppie

Audioholic Ninja
I watched the video with Ken and it was quite interesting. Remember folks, those speakers weigh in the HUNDREDS of pounds and are tall. Just think of the logistics of moving those speakers to their new home. It boiled down to having a very limited market for anyone willing to go through the effort of moving them and setting them up, despite what the parts cost.

They should have marketed those heavily in Asia. Those Asians will spend crazy amounts on audio. All it takes is one Chinese billionaire. :D
 
S

snakeeyes

Audioholic Ninja
Having 2 grandfather clocks makes zero sense in that room. LOL :)
 
ryanosaur

ryanosaur

Audioholic Overlord
Having 2 grandfather clocks makes zero sense in that room. LOL :)
Nah, man... Time really needs to be experienced in Stereo to get it! All of us single timepiece moos just don't really understand.
:p
 
mtrycrafts

mtrycrafts

Seriously, I have no life.
While I am not an English major, I think that 2nd apostrophe is wrongly placed in the original title. Dreams don't possess, audiophiles can possess dreams, no?
 
TLS Guy

TLS Guy

Seriously, I have no life.
You really have to admire Ken Fritz's craftsmanship. I wish I had 1% of his skills. I'm not so sure his audio design skills were commensurate. I do think a lot of effort and expenditure was misplaced. For a start all those class A amps where quite "over the top". The creates enormous wasted heat which has to be removed by AC. There is no benefit here over more efficient designs.

As I have pointed out I have concerns about some aspect of the speaker design.

I don't think there was value for money from that massive financial outlay. The trick is to make it look like you spent a lot of money, when actually you were quite frugal. He spent years putting all that together but few years of pleasure from it.

So, I certainly have been on a very different path. My plan is to get maximum returns over time for the least expenditure.

This means picking your items carefully. Longevity is the hardest to assess, and I guess in that regard I have been lucky. I buy carefully and keep long. I have items still in use that I bought as far back as 1966. I do as much of my service work as possible. I seldom upgrade. AV changed that somewhat in the last 20 years or so, as it has been an evolving technology. However three of the five AVPs that I have purchased are in daily use. One is boxed in storage, and my first AVP was sold.

Generally I buy units new, but I do buy some used but more often in years past for restoration. My Thorens TD 125 Mk II was a restoration job and bought for very little. The three Revox A77 open reel machines were restorations.

My most significant expense of my whole audio career were the parts and construction of my front three speakers.

The power amps were all collected over time, as the system expanded. Added together that was the most significant expense.

Out of it all I have three systems in daily use.

After my half day out with the undertaker, hopefully my sons can make good sales on eBay. Many items especially the turntables and the Quad equipment is highly sought after. Home built speakers never fetch much, so the drivers will probably be sold.

On a year to year basis, I have spent actually very little. I try to buy once and not upgrade, unless due to obsolescence which has been required, but even so, this equipment has been moved into other systems.

I am still using all the flat panel TVs I have ever bought, except one Sony LCD I sold with our lake home.

The HTPC has had two rebuilds now, and the DAW one.

So, with care you can achieve state of the art on a comparative shoe string. This is also something the family have, and continue to enjoy.
 
R

Redbeard.Captain

Audiophyte
You really have to admire Ken Fritz's craftsmanship. I wish I had 1% of his skills. I'm not so sure his audio design skills were commensurate. I do think a lot of effort and expenditure was misplaced. For a start all those class A amps where quite "over the top". The creates enormous wasted heat which has to be removed by AC. There is no benefit here over more efficient designs.

As I have pointed out I have concerns about some aspect of the speaker design.

I don't think there was value for money from that massive financial outlay. The trick is to make it look like you spent a lot of money, when actually you were quite frugal. He spent years putting all that together but few years of pleasure from it.

So, I certainly have been on a very different path. My plan is to get maximum returns over time for the least expenditure.

This means picking your items carefully. Longevity is the hardest to assess, and I guess in that regard I have been lucky. I buy carefully and keep long. I have items still in use that I bought as far back as 1966. I do as much of my service work as possible. I seldom upgrade. AV changed that somewhat in the last 20 years or so, as it has been an evolving technology. However three of the five AVPs that I have purchased are in daily use. One is boxed in storage, and my first AVP was sold.

Generally I buy units new, but I do buy some used but more often in years past for restoration. My Thorens TD 125 Mk II was a restoration job and bought for very little. The three Revox A77 open reel machines were restorations.

My most significant expense of my whole audio career were the parts and construction of my front three speakers.

The power amps were all collected over time, as the system expanded. Added together that was the most significant expense.

Out of it all I have three systems in daily use.

After my half day out with the undertaker, hopefully my sons can make good sales on eBay. Many items especially the turntables and the Quad equipment is highly sought after. Home built speakers never fetch much, so the drivers will probably be sold.

On a year to year basis, I have spent actually very little. I try to buy once and not upgrade, unless due to obsolescence which has been required, but even so, this equipment has been moved into other systems.

I am still using all the flat panel TVs nbabite I have ever bought, except one Sony LCD I sold with our lake home.

The HTPC has had two rebuilds now, and the DAW one.

So, with care you can achieve state of the art on a comparative shoe string. This is also something the family have, and continue to enjoy.
 
newsletter

  • RBHsound.com
  • BlueJeansCable.com
  • SVS Sound Subwoofers
  • Experience the Martin Logan Montis
Top