What has been your costliest mistake in this hobby?

@cd318
Thanks for sharing your somewhat similar experience. Yes, we tend to do what we feel is right at the time. Sometimes regrets follow but, as you wisely pointed out, life is all about making priorities (whether we are aware of it or not).  In my case with impulsively giving a bunch of good records away, I long ago decided that the lucky kid that got them probably enjoyed them at least as much as I would have AND had a great story to share with his buds.  So, as they say...it’s all good!

But I do still wonder sometimes when I hear a particular song...  ;-)

Bought a pair of Vandersteen Treo's, 7 yrs old, and paid 75% of the original MSRP. When I sold them only a year later I lost $900. I didn't research the price, and compared only to the cost of a new pair of Treo CTs. By the time I found a buyer, all the resales had dried up, and the dealer wanted $3k more for an improved tweeter (Treo CTs). I bought a pair of Monitor Auto Gold 300s 5G and never looked back. I discovered what BASS sounded like again.

My costliest mistake was going down the VPI rabbit hole. Based on reviews and specs, the VPI Classic (with the SoundSmith cartridge specifically designed for it) was my dream analog rig but it became a money pit and a source of endless frustration.  After a year of back-and-forth with VPI, SoundSmith, two local shops, and a setup specialist all attempting to dial out problems, I just gave up. Even at its best, the once-simple act of putting on a record and blissing out became convoluted to the point that I simply listened to my records less often. In the end, I was able to sell it for close-enough to what I paid and replace it with a beautiful sounding—and looking—new table (PearAudio Blue) that was simpler, smaller, less prone to falling out of adjustment, less prone to skipping, and generally a joy to use. The simple pleasure of putting on a record and losing myself in it returned instantly. An added bonus was that my family, who were afraid to touch the VPI, have no problem with the new 'table and have been listening to more records as well. 

Bought a Krell HTS 7.1 for $8000 MSRP. Dropped in value like an anvil out the window. Sold for only $800. OUCH! Technology sensitive products drop way faster than the market for High End stuff.

1) not listening before buying
2) not properly packing before shipping
3) not figuring out synergy between amplifiers/speakers
4) not considering room’s impact on sound

I'm sorry, you said just one.