Virtual LEGO Investing Game - Win Prizes!

[ibobpeb]

Just now, odysea11 said:

Thanks for the bump, I forgot about this! That was fun! I wish we did something like this every year...not only fun and challenging, but also supplied some interesting data...I was pretty proud of my 5th place finish...

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Hey odysea11, congrats on your 5th place! I had forgotten about this as well and it's interesting to see how our investments have done.

[Voltron]

I remember @Val-E ran a competition few years ago, was good fun, plus @tabbyboy discussions lol. We need both of them back to add some more UK / EU Pessimism lol

[HandyHand]

Many of the EU/UK members of old have become quiet on Brickpicker over the past years. The European perspective on Lego investing is therefore a bit lacking these days on BP. That's a bit unfortunate.

[$20 on joe vs dan]

On 1/21/2014 at 6:53 PM, Grolim said:

Entries have closed. Number of valid entries = 84

 

Here is a list of all entries:

 

http://community.brickpicker.com/uploads/imgs/bp_1391294546__entries.jpg

 

1 minute ago, $20 on joe vs dan said:

it's like a BPer time capsule...

every newb/recent reseller should take a look at this list ...VERY educational

after 7 years...

 

Edited October 26, 2021 by $20 on joe vs dan

[terrymc4677]

This is awesome. What a trip down memory lane. This contest was fun. We should do it again.

I chose Jabba’s Palace & Daily Bugles. Looking at eBay sold listings it looks like I picked a couple of winners. I didn’t look at Amazon prices but I imagine they’re pretty high. I remember buying Jabba’s Palace on clearance for $50. Think I had around 20 at one point, and as usual I probably sold too early. Good times.

I’m surprised I didn’t go with Joker Steamrollers.


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[$20 on joe vs dan]

10 minutes ago, terrymc4677 said:

This is awesome. What a trip down memory lane. This contest was fun. We should do it again.

I chose Jabba’s Palace & Daily Bugles. Looking at eBay sold listings it looks like I picked a couple of winners. I didn’t look at Amazon prices but I imagine they’re pretty high. I remember buying Jabba’s Palace on clearance for $50. Think I had around 20 at one point, and as usual I probably sold too early. Good times.

I’m surprised I didn’t go with Joker Steamrollers.


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looking at the list; after 7 years, the bar for "success" should be x3 RRP

I was surprised to see how some I perceived as "clear winners" nowadays weren't that great given the relatively high buy-in prices back then. 

[jaisonline]

looking at the list; after 7 years, the bar for "success" should be x3 RRP
I was surprised to see how some I perceived as "clear winners" nowadays weren't that great given the relatively high buy-in prices back then. 

Agree about $3x.

Regarding your “clear winners 7 years ago” comment, I do wonder if the perception changes how sets performed that weren’t remade / rehashed. E.g. Jabba’s Palace and the Wolverine / Deadpool Chopper.

[Darth_Raichu]

12 minutes ago, jaisonline said:

Agree about $3x.

Regarding your “clear winners 7 years ago” comment, I do wonder if the perception changes how sets performed that weren’t remade / rehashed. E.g. Jabba’s Palace and the Wolverine / Deadpool Chopper.

My picks peaked at 3-4 year mark.

This was more of a QF game as I recalled.  Less than a year?

[$20 on joe vs dan]

1 hour ago, Darth_Raichu said:

My picks peaked at 3-4 year mark.

This was more of a QF game as I recalled.  Less than a year?

I didn't read the rules...figured everyone playing gets $1K in chips and can allocate accordingly...time-line would matter, but as a tool to capture a moment in time for current members to learn from...it's pretty cool.

I think it would be a good game to play now limiting it to the current EOL list using RRP for a 1-3 year hold. 

Edited October 26, 2021 by $20 on joe vs dan

[donbee]

I’m game. I’ll school you old timers.


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[Loghamel]

I only pick winners.  I'm in.

[Bricklectic]

lets make this happen sounds like fun. not sure how price at endpoint is calculated though as market is very fluid.

[odysea11]

What we need is Grolim to sneak back out of the shadows and take charge again. He ran that contest like a champ. Whoever wants to take the reigns of this better have some time on their hands. There would be at least 3-4 times the entrants at this point.

[mudcatsfan]

If only there was a website that tracked lego prices over time. A brickfolio of sorts....

[Bricklectic]

6 minutes ago, odysea11 said:

What we need is Grolim to sneak back out of the shadows and take charge again. He ran that contest like a champ. Whoever wants to take the reigns of this better have some time on their hands. There would be at least 3-4 times the entrants at this point.

a $5 entry fee would make the pool probly close to 1k, the one who manages it can take a cut of some sort

[$20 on joe vs dan]

32 minutes ago, Bricklectic said:

a $5 entry fee would make the pool probly close to 1k, the one who manages it can take a cut of some sort

monetizing it will be a logitical nightmare

if we're thinking KISS

just a google sheets page is all that's needed

[odysea11]

44 minutes ago, $20 on joe vs dan said:

just a google sheets page is all that's needed

and a lot of extra time as well as some serious patience dealing with all of us and our selection submissions/questions/complaining etc.....

And I agree....keep money out of it....money overcomplicates everything...the incentive to win are the bragging rights on this platform

Edited October 28, 2021 by odysea11

[$20 on joe vs dan]

2 hours ago, odysea11 said:

and a lot of extra time as well as some serious patience dealing with all of us and our selection submissions/questions/complaining etc.....

And I agree....keep money out of it....money overcomplicates everything...the incentive to win are the bragging rights on this platform

off the top of my head:

Use a well known EOL list as the list to pull from

a well formatted google sheets page plus clear directions and limitations

A defined start date (RRP or Amazon prices on that day; whichever is higher) and define the various end date(s). No tax or shipping to keep it simple

Define a 1-week period for active changes and then lock it  

$1000 in chips