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Kevin Street
Patrick Boyle
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Comments by "Kevin Street" (@Kevin_Street) on "What is the Expected Return on Collectibles? - Beanie Babies & NFT's" video.
Thanks for another great video! Quick story: Once I went to a client dinner sponsored by my financial advisor's bank. It was a great opportunity to meet other clients and see how much I did or didn't resemble them. The fellow sitting on my left was full of fascinating stories about how he made his money. Apparently he spent years going to estate sales and buying anything of value that was priced too low. He bought gold, jewelry, antique watches... and Beanie Babies. This was before '99, so he made a ton of money buying up people's Beanie Baby collections and selling them to other collectors. What I learned from him is that it's possible to make a lot of money from collectibles, but the person making the money is never the collector themselves. It's the dealer selling the collectibles to them.
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