tag:blogger.com,1999:blog-4402283548766807872.post2529380860777401945..comments2024-03-20T02:26:06.500-04:00Comments on The Blunt Bean Counter: Will You Soon be Able to Buy 100 Shares in Sidney Crosby?The Blunt Bean Counterhttp://www.blogger.com/profile/11358868550072516313noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-4402283548766807872.post-49090387495332508602013-10-30T14:28:56.928-04:002013-10-30T14:28:56.928-04:00I think the US regulatory risk is hopefully somewh...I think the US regulatory risk is hopefully somewhat addressed by the SEC application, but your issues are valid concerns.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-92064836652833623342013-10-30T10:06:24.149-04:002013-10-30T10:06:24.149-04:00Actually, my comments sounded too negative. I wou...Actually, my comments sounded too negative. I would be interested, if (1) I could get more assurances that the exchange wouldn't go belly up and take my investment with it (after all, this investment is made for many years) and (2) any US regulatory risk has been properly addressed.<br /><br />Of course this would be for a very small portion of any portfolio, and done in the interest of uncorrelated diversification. And instead of choosing one star, I would try to find the equivalent of a "pool" or ETF.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-17233956286167177602013-10-29T21:43:00.813-04:002013-10-29T21:43:00.813-04:00Hi Anon
I guess your not keen on this :)Hi Anon<br /><br />I guess your not keen on this :)The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-5807929463087555782013-10-29T18:28:34.532-04:002013-10-29T18:28:34.532-04:00"you will only be able trade athlete tracking..."you will only be able trade athlete tracking stocks on the Fantex platform" -- So not only is there "athlete risk", there is platform risk too (ie: what if the exchange goes bankrupt).<br /><br />Spoken as someone who really enjoyed trading on InTrade until the US government killed it...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-79883352434233163822013-10-25T11:36:33.551-04:002013-10-25T11:36:33.551-04:00Thx Kat.
Definitely risky, but I bet if this was ...Thx Kat.<br /><br />Definitely risky, but I bet if this was Phil Kessel or any Toronto Maple Leaf, this would be oversubscribed.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-36982049684255282202013-10-25T10:50:47.545-04:002013-10-25T10:50:47.545-04:00It's an interesting concept but since the risk...It's an interesting concept but since the risk falls to the athlete to make sure people get compensated accordingly, it's a high risk gamble. This might give the athletes more incentive to stay healthy perhaps?? Also, could this affect their salary? Too many questions and not enough answers.<br /><br />With that said, if someone is interested in trying this out, I'd recommend keeping it as a very small part of their investment. This would be more for fun than anything else, like gambling money. You won't catch me doing this though. Katnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-19760826459953891972013-10-22T11:01:49.929-04:002013-10-22T11:01:49.929-04:00Richard, I think the prudent athlete would protect...Richard, I think the prudent athlete would protect themselves by taking a guaranteed amount upfront and then hopefully invest it wisely. If an athlete went bankrupt, it may impact their brand. However, athletes brands only seem to be temporarily affected by off-field antics, if they perform spectacular on the field, their brand seems to recover quickly.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-16377487087249693282013-10-22T10:19:37.969-04:002013-10-22T10:19:37.969-04:00Interesting model. It seems very risky since the b...Interesting model. It seems very risky since the big deals aren't very common. But an athlete with good financial management skills is even more rare than a superstar. What they need is a way to turn a large sum into a steady income. This is the opposite. Does the investment go to 0 when they spend too much?Richardhttp://www.rebalance-my-portfolio.comnoreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-18549160248293796732013-10-21T20:15:52.484-04:002013-10-21T20:15:52.484-04:00Mark, you mean you don't see dividend potentia...Mark, you mean you don't see dividend potential investing in Jordan Spieth?The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-5239128953659489232013-10-21T18:00:29.394-04:002013-10-21T18:00:29.394-04:00I had to check the date on the calendar, it's ...I had to check the date on the calendar, it's not April 1. :)<br /><br />Fantex seems interesting...but not for me. Cool post. What will they think of next?<br /><br />MarkMy Own Advisorhttp://www.myownadvisor.canoreply@blogger.com