Thanks Bruce Ive studied your emails and am emulateing you...:) . and
yes you should be angry with yourself..
To be able to buy at pennies on the dollar you only needed to sell a
few 100 units posters at a few bux
to re- coup and make money.
sorry you missed it..
they would have been good to have in todays soft market cheaper that
cost to print....
you cant help but make money.
Bruce Hershenson wrote:
Tom, paragraphs are your friend.
I am STILL mad at myself for not buying those 100,000 video posters
from you!
Bruce
On Wed, Jul 16, 2008 at 9:15 AM, Tom Martin
<[EMAIL PROTECTED]
<mailto:[EMAIL PROTECTED]>> wrote:
Thought i would chip in on the recent discussion... as far as a
poster bought at auction, on the net,
or from another dealer. If you are a investor, you should look at
the bottom line cost as that is the true
amount of expenditure you have invested. If you had lodgeing,
time, travek, shipping, and the cost of the poster and buyers
premium then thats what is invested in that item.
Now as a business we keep receipts for all costs associated with
the sale ofthe poster, for instance the operating costs of a shop
= rent, electric, gas, advertising, office supplies, the cost of
the poster and inventory
and any other costs associated with making the sale. These are
true costs that affect the bottom line.
Lets say you sell a one sheet for 10,000 as a example. and lets
say you had 5000 in expences to sell that poster your net sale
would be 5000.
As for the posters worth. there are no exacts in my opinion, like
the oil industry or real estate most auction
houses and dealers Guess based on comparatives of previous sales.
Problem is the markets have been so unstable because of many
factors. I would sight: Change in buying habits ( new age
minimalists) Age demogrphics ( change in attitudes due to age
genres) oversaturation by auction houses and Ebay.
Fact is when the investor mentallity entered the collection of
posters the many buyers that had the passion however not the
finances were eliminated or became super dealers because they
lucked out and saved some great investment grade material. If you
trace back most the largerer dealers or ones that have prospered
they cashed in on early collections. Well then the market like
real estate and beanie babies
and the dot.com <http://dot.com/> bubble became artificial based
on a market that expanded based on the prosepct of scarcity
anddemand for condition. As the market expanded and the marketers
at auction houses and ebay sellers built the intereste to fever
pitch, with catologs of fine printing and the Buzz of the ability
to build portfolios of wealth with triple digits profits seen and
more,. The source I see of the problem is the simple
musical chair syndrome.. To much supply vs, Demand and the fact
that the people that were able to
buy at the inflated prices also expanded into larger homes, cars,
TV sets and personal spending that exceeeded thier gross income.
Expanses or base costs have exceeded profits and the aquistiontion
in real estate and stocks and collectable goods have vasilated up
and down.
So a house or car or high ticket item have become worth a fraction
of original cost due to a oversupply
and the slow down of consumption as thier is a pending new
awareness by many persons that the perils
of overexcessive living far outweigh the benifits of owning
inanimate objects whose sole purpose
is based on the hopes of investment, As the recent bank fiasco in
California shows. Even the diligent
investors that saved Cash in banks are vulnerable., So in summery
I propose the base issue in all the
recent problems is that we look at how a farmer works the land...
he seeds the ground , tills and tends the fields, yet may or may
not get a harvest.. when he has a good year he needs to budget and
replant and
keep the soild fertile... this same process can be applied to life
manangement.. and on a global level.
We are stewards of the earth, and need to address the resources
that support life and people or like
the banking and real estate and food and peoples - we will all go
bust.
footnote- yesterday I went to the park - Wildwood- its the estate
of the Stranahan family that owned
Champion Spark plug company- they donated it to city and its a
wonderful place of trails for miles and miles and also has the old
stables, streams, and meadows and old horse riding trails..
anys its great place to go and reconnect to nature, and to get to
see the simple things.. yesterday i sat in a room they made thats
a observation room... and I was able to watch a Hummingbird feed,
two woodchucks, squirrels, a deer doe and two baby fawns feeding,
a red cardinal bird ( ohios state bird)
a Lily pond with water streaming... as I looked it was like seeing
a 3-d film and yet better as this was real
and had the smells and sunlight and was like a Disney wildlife
movie.. yet film could never duplicate this experiance..As i
walked in the fields and all the smells of wild flowers and the
grasshoppers and other bugs made noises and even the weeds that
made me want to senezze and eyes water were so beautiful
and majestic as this is the really cool stuff thats inspired every
artist and filmmaker and musician for eternity.. so as I walked
i saw a woman sitting on the bench just soaking in the warm rays
of sunlight..
she was absorbing it and I said ' doesnt that feel good"? well
it does as it penatrates you and warms the bones and gives you
vitimen d and regenerates you from inside out...
when you take in the musty oders of decaying forest, and see all
the animals and species and textures of living stuff all over the
forest and the wonder and chaos all around yet all in a balanced
harmony
based on a support system of regeneration.. you see that there is
some incredible design at work
and it all can inspire and promote good things.
I suggest to everyone stop and smell the roses.. if you already
do.... then Bravo to you.
guess where i am going?? :)
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