Comment by bluefirebrand
3 months ago
Beanie Babies were irrational because it is irrational to go into a collector craze over stuffed animals
3 months ago
Beanie Babies were irrational because it is irrational to go into a collector craze over stuffed animals
unless more people want them than exist
No, because wanting them is an artificially engineered, irrational thing based on their hype not their value
the entire art and collectibles markets has functioned the same way for half a millennium, there is nothing to support utility based value