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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Nope‏ @grumpfgrr 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      And the more people who do it, the less profitable it becomes. It's literally impossible for this to work for everyone.

      1 reply 0 retweets 2 likes
    2. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @grumpfgrr @FeministaJones and

      Yeah investing in any form of collectible is a zero sum game just like the poker table - you can only be right if others are wrong

      2 replies 3 retweets 14 likes
    3. e^(iπ)‏ @ebdibit 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      That much is just as true of any other asset class.

      1 reply 0 retweets 1 like
    4. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @ebdibit @FeministaJones and

      Not really. Some assets are productive (rental property, a business that actually sells shit), others are not (gold bars, paintings)

      1 reply 0 retweets 3 likes
    5. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      With art in particular new art is constantly being produced and art in general will never become scarce

      1 reply 0 retweets 2 likes
    6. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      So buying a painting as an investment cannot be anything other than a bet that this particular painting is currently mispriced

      2 replies 0 retweets 3 likes
    7. e^(iπ)‏ @ebdibit 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      Fair enough. In reference to the underlying asset, however, the statement holds. New art, new businesses, new homes, etc. stay being made.

      1 reply 0 retweets 2 likes
    8. e^(iπ)‏ @ebdibit 5 Jul 2017
      Replying to @ebdibit @arthur_affect and

      What Jay maybe could have done was to explain this concept in terms more applicable to you and me (assuming, of course, that . . .

      2 replies 0 retweets 1 like
    9. e^(iπ)‏ @ebdibit 5 Jul 2017
      Replying to @ebdibit @arthur_affect and

      . . . you're broke like me, give or take a cool Jeopardy mil, lol). But this point could be made with sneakers, or comics.

      1 reply 0 retweets 1 like
    10. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @ebdibit @FeministaJones and

      Well most ppl buy sneakers or comics bc they actually want them. It's consumption, not investment - investment is an excuse

      1 reply 0 retweets 1 like
      Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      And saying maybe you should do less of that is fine but it's just the same old "spending vs saving" argument then

      7:22 AM - 5 Jul 2017
      1 reply 0 retweets 0 likes
        1. e^(iπ)‏ @ebdibit 5 Jul 2017
          Replying to @arthur_affect @FeministaJones and

          I think the more valuable lesson there is that the best investment is the one you understand.

          0 replies 0 retweets 1 like
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