Subject:
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LEGO Commodity Market (was Re: level of interest in 7151?)
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Newsgroups:
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lugnet.market.theory
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Date:
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Sat, 7 Oct 2000 19:43:37 GMT
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Viewed:
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1194 times
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In lugnet.market.theory, Kyle D. Jackson writes:
> In lugnet.market.theory, Steve Chapple writes:
> > In lugnet.market.theory, Kyle D. Jackson writes:
> > > It's interesting that what everyone is describing here
> > > is basically a "stock market".
> >
> > You're in the right ball park, but it's a commodity market.
>
> You'd probably have to explain to me the difference...
> Is it that stocks are paper shares of ownership in a company,
> whereas commodities are trading actual physical items?
Basically - Think of gold or wheat or oil or cattle or ...
The wheat and cattle will eventually be turned into a hamburgers
and sold. You're an oil consumer when you fill up your gas tank.
TLC would be the Opec of our world. Let's say I've got some red
train doors that are worth $1 each because they are rare (the supply
is low) and the demand is high from train fans. Now lets suppose
that TLC suddenly comes out with a "door pack" that has four pairs
of them for $8. In theory, they're still $1 each, but now that
there's a huge supply increase, the price would fall.
> > It's too bad the "LEGO market" is so small - Our system has generated
> > a 400%/annum (it's my job to improve that) rate of return on the
> > commodities we trade, and it would be great to include LEGO. 8-)
>
> I'm not so sure it's too bad that it is so small. I don't ever
> want to see a time when I can't buy a certain set because my
> LEGO broker says there's a 20-set minimum per trade! :]
lol That's a good one - I'll have to let my buddies here
in the office read this thread. :-)
SRC
StRuCtures
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Message is in Reply To:
 | | Re: level of interest in 7151 / Sith ?
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| (...) You'd probably have to explain to me the difference... Is it that stocks are paper shares of ownership in a company, whereas commodities are trading actual physical items? I was going to put commodities, but only because it sounded better :] (...) (24 years ago, 7-Oct-00, to lugnet.market.theory)
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