We all know there is a class of non-cashflow investments such as art, restored cars and antiques which derive their value only from future supply demand dynamics.
So boomers were large speculators of vintage cars. They grew up having very fond memories of their automobiles from their teenage years (it got them laid and gave them an enormous sense of freedom) and sought to relive their nostalgia through buying and restoring their vintage cars and pushing the prices to atmospheric levels. What would be something that would be equivalent for millennials (the generation who grew up in the 80s-00s) in the next 30-40 years.
I believe the success of Pokemon go shows that this is a very powerful trend worth looking into. Which is why one of my biggest positions is in Nintendo because I believe the market is not pricing in the huge competitive advantage Nostalgia has on the consumer.
here is an example: You would have outperformed the S&P by holding a first edition holo charizard http://ift.tt/2r60pTO
Submitted June 10, 2017 at 11:59AM by vegaseller http://ift.tt/2sp9ECL
