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It is all about creating Veblin Goods [1] - where the price paid, and the obviousness of the price paid, is a key part of the asset, and have very different sup
by toss1 6y ago
It is all about creating Veblin Goods [1] - where the price paid, and the obviousness of the price paid, is a key part of the asset, and have very different supply-demand-price curves.
Also, not far from Greater Fool theory of investing, which always ends well, ...ha...
[1] https://www.investopedia.com/terms/v/veblen-good.asp https://www.investopedia.com/terms/v/veblen-good.asp