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Old 01-31-2021, 11:38 AM
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joshuanip joshuanip is offline
Joshua
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Join Date: Nov 2017
Location: Los Angeles
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Quote:
Originally Posted by Gorditadogg View Post
As a retired finance professional, I remember the disclosure that went on all our presentations: "Past performance is not a predictor of future results".
No one reads that last page... and they still performance chase anyways...

Not to take away your great point - old collectors are priced out... (thank u for that by the way) not only acts as a buffer (dip buying mentality) but changes the velocity of transactions, as the flipping is what really juices the prices. Are we overpriced? Maybe along with everything else, but relatively, with the standardization of grading and moving from in person transactions to online auctions, we’ve been sitting on tinder for sometime...

Last edited by joshuanip; 01-31-2021 at 11:44 AM.
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