Why are some people (including wealthy) so cheap when it comes to electronics?

[CptGreedle]

They have money, they don't want to use it.
Also, just cause they have money, doesn't mean they understand anything else in the world. Often, rich people know little about everything else and think their opinion is more important even though it is uneducated and unfounded. The fact is, they know nothing about HDTV, HD media, BD or HD DVD, DVD, etc... they are not videophiles or audiophiles, and they are probably under the impression that either someone wants to cheat them out of their money or that they can not spend the money now that they have it.