Comments on: Insider: Risk Averse? Let’s Test Some Assumptions https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:40:54 +0000 hourly 1 By: Mathieu Malecot https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62688 Fri, 20 Sep 2013 02:16:14 +0000 http://www.quietspeculation.com/?p=41106#comment-62688 In reply to Mathieu Malecot.

distressed SELLERS lol

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By: Mathieu Malecot https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62687 Fri, 20 Sep 2013 02:14:42 +0000 http://www.quietspeculation.com/?p=41106#comment-62687 In reply to Mathieu Malecot.

also, letting people know you’re a buyer is enough. like i say in the article, these people are distressed buyers. even if you told them to sell on tcg, they are unlikely to be happier with that option as compares just selling the whole lot. when tcg pricing is already pretty screwed up – you’ve a good place to start.

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By: Mathieu Malecot https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62685 Fri, 20 Sep 2013 02:10:09 +0000 http://www.quietspeculation.com/?p=41106#comment-62685 In reply to David Schumann.

you play long ball. know what players are not showing up as much at local stuff. tell them you’d buy their stuff if they ever thought off quitting. wait for a hit (they say something about quitting, etc) then tell them to talk to store owners (they won’t over pay anymore than you will). be helpful in this stage telling them where they can sell. make it seem annoying and hard though: gotta sort your cards for good value, buylisting is tedious, etc. then they come to you for help selling. make an offer here. no more helping them, just show them the money. this works best imo.

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By: David Schumann https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62632 Thu, 19 Sep 2013 20:10:48 +0000 http://www.quietspeculation.com/?p=41106#comment-62632 In reply to QED2.

It’s difficult..that’s one reason I don’t really use Craigslist much anymore either (as you’re 100% right..everyone just goes to SCG and thinks I should buy their collection for what SCG would sell it for). I do talk to people and buy stuff from those who are moving to another game/quitting or simply need some extra cash.

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By: QED2 https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62631 Thu, 19 Sep 2013 20:06:10 +0000 http://www.quietspeculation.com/?p=41106#comment-62631 I’ve completely given up buying collections. Everyone I talk to is horribly insulted when I won’t pay them 80% of retail on every single thing, down to commons and basic land. How in the world do you convince people to accept these lower offers?

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By: Mathieu Malecot https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62600 Thu, 19 Sep 2013 15:55:33 +0000 http://www.quietspeculation.com/?p=41106#comment-62600 In reply to Lucas Ng.

thanks for reading, glad i could give you some things to think about.

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By: Lucas Ng https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62589 Thu, 19 Sep 2013 13:34:38 +0000 http://www.quietspeculation.com/?p=41106#comment-62589 Thanks Mathieu for making me take a long, hard look at my attitude and understanding of risk. You also made me realize I need to be more actively chasing collections through Gumtree (our CL equivalent).

If you feel you’ve exhausted the collection and sealed product markets and are ready for a triumphant return to buying and selling singles for profit remember the whole inefficient MtG market thing.

In particular, buylist arbitrage can be extremely productive use of time. My local LGS is one of the biggest stores in Australia and has a huge casual base with a buylist that reflects it. For example, I was able to sell two of the M14 sliver rares at +$2 profit per card after fees. I bought as many as the LGS wanted, to the point where they finally dropped their buylist price to match TCG low.

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By: David Schumann https://www.quietspeculation.com/2013/09/insider-risk-averse-lets-test-some-assumptions/#comment-62588 Thu, 19 Sep 2013 13:32:08 +0000 http://www.quietspeculation.com/?p=41106#comment-62588 Great article with a lot of valid points. I LOVE buying large collections as well. Usually when pricing them out I can pay buylist price for the high dollar stuff and buy the remainder at “bulk” which usually is where I make the most profit. Seeing as how that collection had a lot of Masques/Nemesis, don’t forget Daze and Submerge for some solid common/uncommons.

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