I have been hearing more and more about trading / auction websites that provide a secondary market in high-end sneakers. Sneaker enthusiasts try to buy anticipated shoe models at retail and then re-sell them for high prices when the shoes have sold out. Sure, this sounds odd but the market for high-end sneakers is now … Continue reading Are expensive sneakers really an investment?
Category: bubbles
A few lessons from my 20 years in finance
As of the start of 2019, it has been twenty years since I left NASA and started to work in finance. My first job in the private sector was in the emerging field of weather derivatives for a major energy trading firm. This was the era of energy trading that is most often associated with … Continue reading A few lessons from my 20 years in finance