Captain_Obvious Posted May 22 Share Posted May 22 14 hours ago, Pseudoty said: This guy is nearly delusiona Idk, after taking a look at this video, I'm pretty impressed with his thorough analysis: Amazon vs. eBay prices (current and sold) and sales velocity How many sets are currently for sale on those channels Historical discounts offered throughout the set's lifecycle Best guess on quantities produced based on current availability/observation across channels Philosophical take on the future buyer's motivations to buy this set I'm not saying others don't provide this information, but he's bringing all of these variables together for a complete picture to make your best guess. We might disagree with his conclusions, but we can't discount all of the underlying variables he brings to the table to make his decision. This dude does his research and we can leverage that research to make our own decisions. And, he's humble, consistently saying "This is my take, yours may be different based on the provided information". I'm happy his channel was shared on BP. I subscribed, but would never do his Patreon lol. 1 Quote Link to comment Share on other sites More sharing options...
Pseudoty Posted May 22 Share Posted May 22 Just now, Captain_Obvious said: Idk, after taking a look at this video, I'm pretty impressed with his thorough analysis: Amazon vs. eBay prices (current and sold) and sales velocity How many sets are currently for sale on those channels Historical discounts offered throughout the set's lifecycle Best guess on quantities produced based on current availability/observation across channels Philosophical take on the future buyer's motivations to buy this set I'm not saying others don't provide this information, but he's bringing all of these variables together for a complete picture to make your best guess. We might disagree with his conclusions, but we can't discount all of the underlying variables he brings to the table to make his decision. This dude does his research and we can leverage that research to make our own decisions. And, he's humble, consistently saying "This is my take, yours may be different based on the provided information". I'm happy his channel was shared on BP. I subscribed, but would never do his Patreon lol. I knew it was you 🤣 Yeah, and he has a nice beard, but where is the profit. 1 Quote Link to comment Share on other sites More sharing options...
Captain_Obvious Posted May 22 Share Posted May 22 1 minute ago, Pseudoty said: I knew it was you 🤣 Yeah, and he has a nice beard, but where is the profit. Maybe or maybe not ; ) 1 Quote Link to comment Share on other sites More sharing options...
Tonka858 Posted May 22 Share Posted May 22 Best guess on quantities produced based on current availability/observation across channels Lego will produce any active set you want, You could ask for 100,000 and they will make it. I think it would be impossible to ever figure out true numbers, As you don't know who is buying stuff. 1 1 Quote Link to comment Share on other sites More sharing options...
airhanny Posted May 22 Share Posted May 22 51 minutes ago, Captain_Obvious said: Idk, after taking a look at this video, I'm pretty impressed with his thorough analysis: Amazon vs. eBay prices (current and sold) and sales velocity How many sets are currently for sale on those channels Historical discounts offered throughout the set's lifecycle Best guess on quantities produced based on current availability/observation across channels Philosophical take on the future buyer's motivations to buy this set I'm not saying others don't provide this information, but he's bringing all of these variables together for a complete picture to make your best guess. We might disagree with his conclusions, but we can't discount all of the underlying variables he brings to the table to make his decision. This dude does his research and we can leverage that research to make our own decisions. And, he's humble, consistently saying "This is my take, yours may be different based on the provided information". I agree with you. I learn from his analysis too. The only think I don't get when initially sharing his video is how you can consistently getting at least 40% discount of the same Exclusive LEGOs (the video I shared talks about BHZ) by leveraging GWP, CB, Insider points, etc) after you hit the limits. 1 Quote Link to comment Share on other sites More sharing options...
cladner Posted June 19 Share Posted June 19 https://nypost.com/2024/06/18/lifestyle/i-invest-in-lego-its-better-than-stocks-bonds-and-gold/ 1 2 Quote Link to comment Share on other sites More sharing options...
redcell Posted June 19 Share Posted June 19 2 hours ago, cladner said: https://nypost.com/2024/06/18/lifestyle/i-invest-in-lego-its-better-than-stocks-bonds-and-gold/ I wonder when he'll learn that there isn't a bottomless pool of demand for retired LEGO and that he's shooting himself in the foot in the long run by creating more and more competition. I guess some lessons are harder learned than others. 3 Quote Link to comment Share on other sites More sharing options...
Migration Posted June 19 Share Posted June 19 4 hours ago, redcell said: I wonder when he'll learn that there isn't a bottomless pool of demand for retired LEGO and that he's shooting himself in the foot in the long run by creating more and more competition. I guess some lessons are harder learned than others. Isn’t he the same one that had issues with WET? Quote Link to comment Share on other sites More sharing options...
exciter1 Posted June 19 Share Posted June 19 1 minute ago, Migration said: Isn’t he the same one that had issues with WET? Yup! Quote Link to comment Share on other sites More sharing options...
BrickU Posted June 26 Share Posted June 26 (edited) Can anyone verify the Bric Economy is accurate when it comes to rankings for inventory in themes? Thanks Edited June 26 by BrickU Quote Link to comment Share on other sites More sharing options...
brickvoyeur Posted June 27 Share Posted June 27 12 hours ago, BrickU said: Can anyone verify the Bric Economy is accurate when it comes to rankings for inventory in themes? Thanks Based on how flawed the rest of their external data pulls are.... I would gamble it's not accurate. About the only thing I trust there is their internal data that users enter themselves. 1 Quote Link to comment Share on other sites More sharing options...
Tonka858 Posted June 27 Share Posted June 27 15 hours ago, BrickU said: Can anyone verify the Bric Economy is accurate when it comes to rankings for inventory in themes? Thanks what do you mean for ranking inventory by theme? Quote Link to comment Share on other sites More sharing options...
Bricklectic Posted July 3 Share Posted July 3 Quote Link to comment Share on other sites More sharing options...
brickvoyeur Posted July 3 Share Posted July 3 14 minutes ago, Bricklectic said: The desperation you must be in to sign up for something like this... The desperation you must be in to voluntarily, and personally, build your competition The state of the resale market when people believe directly integrating yourself into the business of your competition is more profitable than selling the physical product itself Spoiler A comment I saw on r/legoinvesting the other day that cracked me up Quote Link to comment Share on other sites More sharing options...
redcell Posted July 3 Share Posted July 3 1 hour ago, brickvoyeur said: The desperation you must be in to sign up for something like this... The desperation you must be in to voluntarily, and personally, build your competition The state of the resale market when people believe directly integrating yourself into the business of your competition is more profitable than selling the physical product itself I could see how someone just starting out could get sucked into something like this and it might be helpful to them, but I continue to marvel at the shortsightedness of it all. But, then again, I guess he's probably only been reselling for 3-4 years...not long enough to really see and understand the longitudinal effects of increased competition on the market. Maybe he's making enough money selling information that he doesn't really care as much about making money on actual reselling. 2 Quote Link to comment Share on other sites More sharing options...
Bricklectic Posted July 3 Share Posted July 3 1 hour ago, redcell said: I could see how someone just starting out could get sucked into something like this and it might be helpful to them, but I continue to marvel at the shortsightedness of it all. But, then again, I guess he's probably only been reselling for 3-4 years...not long enough to really see and understand the longitudinal effects of increased competition on the market. Maybe he's making enough money selling information that he doesn't really care as much about making money on actual reselling. I think he did a ny post interview recently where he claims to have made half a million in profit. not too shabby altho I m sure some here are making more Quote Link to comment Share on other sites More sharing options...
redcell Posted July 3 Share Posted July 3 16 minutes ago, Bricklectic said: I think he did a ny post interview recently where he claims to have made half a million in profit. not too shabby altho I m sure some here are making more I question whether the numbers presented are profit or sales...quoting sales always provides a more eye-popping number than the actual profit generated off of those sales. Still, you're right, not too shabby, but, also, not too hard to achieve if you've got the capital to invest. Quote Link to comment Share on other sites More sharing options...
NIevo Posted July 3 Share Posted July 3 1 minute ago, redcell said: I question whether the numbers presented are profit or sales...quoting sales always provides a more eye-popping number than the actual profit generated off of those sales. Still, you're right, not too shabby, but, also, not too hard to achieve if you've got the capital to invest. Like I mentioned in another thread, I'm sure he makes more in YouTube clicks and suckers buying into his paid programs then he does selling. 1 Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted July 3 Share Posted July 3 3 hours ago, Bricklectic said: I have seen eBay/Amzn youtube channels offering professional consultancy for a fee as their channels grow. This is more or less natural progression for these kind of channels Quote Link to comment Share on other sites More sharing options...
LegoSteve Posted July 3 Share Posted July 3 5 hours ago, Bricklectic said: My apologies for creating this monster. This will be one of my biggest regrets in life. 3 Quote Link to comment Share on other sites More sharing options...
Bricklectic Posted July 3 Share Posted July 3 Just now, LegoSteve said: My apologies for creating this monster. This will be one of my biggest regrets in life. Please explain? Quote Link to comment Share on other sites More sharing options...
LegoSteve Posted July 3 Share Posted July 3 This is Jim. Shane found me back in 2018 and we had a few phone calls here in there. At the beginning of covid I emailed him a excel spreadsheet of Brickheadz ROI. He begged me to be his partner and relaunch my small, dormant YT channel. He said that he worked for Microsoft and he knew how to grow the rebranded Brick Bucks into a flourishing business. I agreed. I could see early on He was not truthful because he didn't know anything about growing a business before we started. There were plenty of other things but I'm not here to talk about that. A year later I broke it off and started my own channel. I'm certain you've seen it. He's now the punching bag of LEGO reselling and he did it to himself. He's done this in other areas too. He trolls instagram to look for successful businesses and tries to copy them. That's how he started his own book reselling business a few years ago. I'm actually surprised Shane is still this involved in the LEGO reselling space as much as he is. He told me a while back that he wants to start a new business & grow it every two years and when he gets a handful of them him and his wife will do nothing but travel the world. He's not a business guy. He has used Income School and other companies to grow his business. The guy has never had an original thought. So yeah, sorry for creating this monster. I'm certain his recent articles was a way to give his subscription service a shot of adrenaline. I thought about doing an article like that 18 months ago but chose better of it. Back when LEGO reselling completely consumed my life, I thought about sending a bunch of press releases to CNBC, Market Watch, Fast Company, etc. so I can post the "as seen on..." on my website or wherever. I'm guessing that will be his next move once the momentum from his article fades. So again, my apologies. Sincerely, Jim Wolf of Bricks 3 1 Quote Link to comment Share on other sites More sharing options...
Pseudoty Posted July 3 Share Posted July 3 23 minutes ago, LegoSteve said: This is Jim. Shane found me back in 2018 and we had a few phone calls here in there. At the beginning of covid I emailed him a excel spreadsheet of Brickheadz ROI. He begged me to be his partner and relaunch my small, dormant YT channel. He said that he worked for Microsoft and he knew how to grow the rebranded Brick Bucks into a flourishing business. I agreed. I could see early on He was not truthful because he didn't know anything about growing a business before we started. There were plenty of other things but I'm not here to talk about that. A year later I broke it off and started my own channel. I'm certain you've seen it. He's now the punching bag of LEGO reselling and he did it to himself. He's done this in other areas too. He trolls instagram to look for successful businesses and tries to copy them. That's how he started his own book reselling business a few years ago. I'm actually surprised Shane is still this involved in the LEGO reselling space as much as he is. He told me a while back that he wants to start a new business & grow it every two years and when he gets a handful of them him and his wife will do nothing but travel the world. He's not a business guy. He has used Income School and other companies to grow his business. The guy has never had an original thought. So yeah, sorry for creating this monster. I'm certain his recent articles was a way to give his subscription service a shot of adrenaline. I thought about doing an article like that 18 months ago but chose better of it. Back when LEGO reselling completely consumed my life, I thought about sending a bunch of press releases to CNBC, Market Watch, Fast Company, etc. so I can post the "as seen on..." on my website or wherever. I'm guessing that will be his next move once the momentum from his article fades. So again, my apologies. Sincerely, Jim Wolf of Bricks Now if only you could do something about this guy 🤣 2 Quote Link to comment Share on other sites More sharing options...
LegoSteve Posted July 3 Share Posted July 3 5 minutes ago, Pseudoty said: Now if only you could do something about this guy 🤣 Lol. It will happen eventually. I promise. 3 Quote Link to comment Share on other sites More sharing options...
mlc3423 Posted July 3 Share Posted July 3 (edited) 2 hours ago, LegoSteve said: This is Jim. Shane found me back in 2018 and we had a few phone calls here in there. At the beginning of covid I emailed him a excel spreadsheet of Brickheadz ROI. He begged me to be his partner and relaunch my small, dormant YT channel. He said that he worked for Microsoft and he knew how to grow the rebranded Brick Bucks into a flourishing business. I agreed. I could see early on He was not truthful because he didn't know anything about growing a business before we started. There were plenty of other things but I'm not here to talk about that. A year later I broke it off and started my own channel. I'm certain you've seen it. He's now the punching bag of LEGO reselling and he did it to himself. He's done this in other areas too. He trolls instagram to look for successful businesses and tries to copy them. That's how he started his own book reselling business a few years ago. I'm actually surprised Shane is still this involved in the LEGO reselling space as much as he is. He told me a while back that he wants to start a new business & grow it every two years and when he gets a handful of them him and his wife will do nothing but travel the world. He's not a business guy. He has used Income School and other companies to grow his business. The guy has never had an original thought. So yeah, sorry for creating this monster. I'm certain his recent articles was a way to give his subscription service a shot of adrenaline. I thought about doing an article like that 18 months ago but chose better of it. Back when LEGO reselling completely consumed my life, I thought about sending a bunch of press releases to CNBC, Market Watch, Fast Company, etc. so I can post the "as seen on..." on my website or wherever. I'm guessing that will be his next move once the momentum from his article fades. So again, my apologies. Sincerely, Jim Wolf of Bricks You think if we setup a GoFundMe for Shane just to go away forever he might consider?.....What about you Jim?....LOL When it comes to Lego Investing/Lego Club for me it's always been the same and will remain the same Edited July 3 by mlc3423 1 Quote Link to comment Share on other sites More sharing options...
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