A long talk about Bankruptcy
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- Опубліковано 27 сер 2024
- This is the Largest UNAPPROVED / UNSPONSORED / UNCONTROLLED Magic The Gathering Channel in the world filled with Greed Monsters, Evil Investors, and ....3.696969% Women
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Rudy's Magic Store
10950-60 San Jose Blvd.
139
Jacksonville, FL 32223
Rudy is perfect embodiment of saying "it doesn't matter what they say about me, what matters is that they say it"
That’s the truth and it’s also sad,nowadays that’s how it works,unless what’s being said is gonna get ya arrested or killed
@@Swellington_ it was always working like that and not only now, it's pr 101, but nowadays it's easier than ever, social media and keyboard warriors are just free marketing, and he's experienced enough to know exactly how to play this game
@@m1xxx3r uhm….hence I said “nowadays”? And ya think that’s because no other generation in history has been so “connected” with everyone almost everywhere instantly? Well almost everyone and everywhere,definitely not N Korea and another nation or two,but yeah,you said what I did, but idk anything about Rudy and that’s fine
No, negative attention is still bad. You can be blasé about it but reputational damage still holds true, if people know you aren't good for business they're more likely to withhold business, it's probably better to be known than not known at all, but it's still worse to have a negative reputation. Returns from cardboard investing are still lower than S & P, most assets, take up physical space, and are illiquid, so it doesn't help that he occupies a narrow, less profitable niche.
@@katielowen it's Rudy, not Levy Rozman
When you factor for inflation the game piece era is worse than you think.
Money itself is worth less, packs cost more, and the game pieces have lower values than they used to. If the cards retained the same value inflation means they're worth less than they were a few years ago. That they're going down in value while prices are inflating is a double whammy.
shhhhh
don't educate the timmies
GaaAAAaaammmMmeEEE piIIIeEEEcEEEess
Reprints and power creep have destroyed any value in MTG outside of Reserve list. Reserve list is hard to find buyers for.
This is why my savings is In ammunition. I have ammo in my safe that has quite literally 5x'ed value in 18 years
worse for who? Game player have cheaper cards to put in their decks. That's better imho
_Florida Man Announces Bankruptcy-Heavy Bags Make His Situation Untenable_
Not going to lie, I watched this video hoping uncle Rudy was actually going to do a pink visor talk about bankruptcy. As a person going through one, I really would love to hear the perspective of someone educated like you on it.
Rudy is the ultimate bond villain. He jumps from an airplane with parachute and lands on a yacht full of sealed video games
Why arent you refunding the missing item?
Because he is getting new ones made.
@@NOLA-vv3sz ah
To generate hate, duh
@@LopsidedMozliterally says it in the video without saying it
THE HOSINGS WILL CONTINUE UNTIL MORALE IMPROVES!
Ok but why wouldn't you refund people on the missing playmat? That's just poor customer service rudypoo.
This is no place for the meek, this is cardboard investing-the nice guys get crushed beneath the heel of ruthless cardboard scammers who will do anything for extra gains! 📈🚀
Maybe he will make it up to them some other way
I know right lmao. guy brags about his assets every video but refuses to refund his patrons... it's honestly impressive how petty he is.
@@user-jd6nx1ys4f He made it right with everyone, he's just winding you people up, and it's pretty funny.
@@Just_Pele classic timmy lol "rudy is perfect! He never lies! He is so rich! Best business man! Best investor! How dare you question my beloved rudy?!"
Looking at the world right now, I can't imagine this is the bottom of the market, plenty of room to go down left!!
why not refund the playmats? weird af
I know right... brags about how well off he is but cant refund his own patrons? lol they literally support him.
he's making new ones to give out that's why
@@skuraithen why wouldn't he say that instead of saying they're missing, the kits are still being shipped, and they're not getting refunded near the beginning?!? Disingenuous regardless
Everybody says they want deflation, until prices start to go down.
GOAT , saying make sure say Alpha Investments !!!!!! All press is good press !!!
Is rudy joking about not refunding people? Seems pretty scummy at face value
I love how he had a whole video talking about how your helping help thank you for helping the best mtg UA-camr
Hey, at least you get a reach around!
His face determined why he’s so deep in cardboard… so do I…
Yeah telling patrons to just eat the cost is insane…. Not going to lie it’s pretty f’d up. “I know I’m a millionaire but fuck y’all”
I didn’t buy anything. Wouldn’t matter to me.
Imagine getting a chicken sandwich meal from Chick-fil-A and not getting your waffle fries and going up to the counter to get them and they go sorry we didn't get the shipment so we charged you for it and didnt give it to you, and don't give refunds.
Ya guess u saw 0 of the updates patrons get
Ignorance is the game huh
@@fezzytronv4520 to be fair, I wouldn't join his patron with your wife's boyfriend's credit card
@fezzytronv4520 dude, every comment thread I read you are posting the same comment. It doesn't even make sense!! 😅 this is real life. You're not a fkn anime character 😂 wtf are you trying to say? Honestly, no joke. You seem so desperate to be heard, and I at least want to understand you.
@@fezzytronv4520I got the update. The first one said, not my problem. The only reason it will be resolved is that Eric decided to compensate... as he should. Rudy did not care at all because he felt $640, way over MSRP, was a good deal
@alwaysonit4660 doubt it I watch his shit daily
As a content creator I learned that boxes of CCGs make EXCELLENT sound proofing
That drawer of sealed games is worth more than most people watching's entire collections.
Earthbounds value has dropped a ton though
I think this is a good time to buy for those people that simply wants to collect the cards and/or boxes for pure collecting purposes, irrespective of any future financial value.
But as an investment, I may be wrong, but I believe that apart from very specific products (maybe some crossover IPs), Magic as a whole is done.
Modern cards are reprinted into oblivion and/or power-crept into irrelevancy. The majority of vintage cards have been left behind within the game to such extent that are only desirable for old-school collectors; and even for the few top-tier chased power-pieces there is still the risk that WotC will eventually find a way to reprint them as part of some special premium product.
As for sealed product, supply will only decrease over time, but pricing is also determined by demand: how many people in 5-10 years wil be interested in buying a collector box of some New Capenna or Winds of Eldraine set and pay an extra for those?
I agree. I will be buying more set boosters for myself. However I am only buying two of each. The idea is/was to hold on to them and have one to sell for later (ideally for +$200) to cover the cost of both boxes. I did start with just doing the yearly commander release, but it grew to every set and I stopped that somewhere around the New Capenna. It feels like why even bother if they are going to reprint everything and I can just buy stocks/bonds and not have to worry about shipping and waiting and selling.
“Magic as a whole is done.
Modern cards are reprinted into oblivion and/or power-crept into irrelevancy. The majority of vintage cards have been left behind within the game to such extent that are only desirable for old-school collectors“
It’s uncanny how perfectly this sums up Yugioh as well 💀
Sorry to hear you're going through bankruptcy my friend :(
Did you not watch this at all?
Rudy getting dragged into Chapter 7 by his heavy bags...
With such heavy bags, there's only one way to go - _down! down! down!_ /Twisted Sister plays 📉🔥🎶
He didn't say he was bankrupt as far as I can tell
@@marcuscostello5635it’s a joke
Love it watching Rudy saying we're at the bottom and UA-cam gives me a prostate commercial 😂
Was deciding whether to go for a walk. Guess I have to now that there's 50 minutes of Rudy to listen to!
Hey, you and me both! ❤
Me too, I was just about to go exercising outside-jk who am I fooling . . . I don't go outside . . . or exercise. (" -.-)
How about you listen to Rudy while you exercise… 🤯
This man is a ticking time bomb.
7:00 Rudy talks extensively about bottoms
BUY THE DIP!! From me! It can only go up! Buy the dip! - Rudy
Market does not bottom UNTIL
OCT/NOV 2024 or later,
when the school loans must start to be
repaid or default.
It's crazy to think in March we will hit the three year mark from peak prices of most collectables. It was such a short boom but felt like years.
Does anyone remember Mad tv? There was an antiques roadshow skit where Will Sasso asks "What's the value of something once you completely destroy the value of it?" Wizards... reserved list... game pieces 😢
That collection looks awesome. It is a terrible thing that power creep makes most of it worthless without the hardcore collectors in the game.
Alundra is such a gem and kudos to anyone else who's played either title!
It truly is. I heard "factory sealed Alundra" and got giddy. I had a plan to collect all the disc variants (think there's like 8) when it was a $25 title. Then it became way more expensive and that plan went out the window. Great game though, and I really should play it again.
All this talk about intent to induce strong reactions and manipulate 'feelings' of the patreons, prefaced with a prediction that I assure you is 100% on... is exactly why I continue to pay for my overpriced patreon, when I don't even order products from Rudy.
My LGS/business is only in month 8 and we are wildly successful. I too am SURE we are bottomed out, and for us this will be the perfect storm of time and place.
Thanks Rudy for being the taco brain you are ❤
A 49 minute Rudy talk about bankruptcy is just what the doctor ordered. Entering my goon cave to really enjoy this one. Playback speed 0.75, slowed and throwed.
lol
We're nowhere near a bottom yet - there's new green initiative fees coming for shipping in 2024 set to spike prices for everything (Maersk laying off 10,000 recently), so there's more pressure against discretionary spending and existing debt on the way. If you have lots of spare cash, the dip will keep dipping, but most consumers are going to have to avoid buying. Bitcoin jumped due to the etf's going on the market, but the sec never approved them, just didn't say no. Yet.
Wheeeeeee!
LOL how many bottoms has rudy called now? Rudy has now predicted like 10 bottoms and all his heavy bags just keep getting heavier lol
I don't remember him calling a bottom before now; just him continuing to point out that we're still in a bear market.
Edit: didn't call a bottom here either
Happy 3*69* thousand subs! I was there in the cruel summer of 22. I was there in the madness before and after.
That subtle roast was amazing
Kind of hard to buy anything in bear market when all your money is tied up in mtg sealed boxes from 2015. 😢 plus Wotc and hasbro overprinted everything to zero
Sell em then and buy shit that will go up lol
@@EliTan-fx9nbsure sell em but who’s buying?
@@hottsaucekid tru tru😂
RIP Rudy's heavy bags.
I love these long videos plz continue doing them!
When rudy says "the game piece model" is the problem just note that hes completely ignoring the fact that wotc has moved from a rotation model (with standard being dog shit) to power creep. so old magic cards are all a weak investment because they are being crept out of relevance. A year ago there werent enough reprints, now suddenly a ton of cards that havent been reprinted have collapsed. Thats not gamepiece product design doing that.
I have been here quietly watching. You're still entertaining. Never was here for the value of magic
The play mats were a throw in anyway if I recall.
20:37 Thank you RUDI!
The most surprising news of this video are the classic yugioh boxes in the background!
Earthbound and Secret of Evermore… two of my childhood favorites.
Breaking News: Florida Man rugs mats, discusses acorns.
I'm sending all my oil paintings
to PCG for grading and encapsulation.
People assume that as soon the economy is great again people will put massive amounts of money in collectables again even after they got burned and jaded by the boom.
Refund the play mats…. You are going to get your money back from the shipping insurance claim. Don’t profit on your customers/ fan base misfortune.
I want Rudy to do video game collecting videos now. 😊
Invest only evolving skies to the moon baby!
Pretty good explanation of liquidity at the ass end of the video.
Whats going on with the play mat? People bought it, didnt get it and are now told to get f***ed?
Such is life in the harsh world of cardboard finance! Either you're scamming, or being scammed! ( oДo)
Yes. He knew for at least 2 weeks ahead of time that he wasnt going to ever get the playmats but kept it listed in the beta bundle and took the money for it. Then started auto-banning patrons and auto-canceling orders for anyone who called him out on it in his patreon. Kinda scummy. Idk.
-Nov. 6th 2023-
Rudy: "Crack packers"
Remember the X-men cards in the 90’s Rudy? Man I would love to have a set of the first series of those. I have a signed imperial guard card by Jim Lee, literally the only card from that set I still have 😢
This kind of video is the reason why I love you Rudy ! Your video are SOOOOO interresting. Keep doing those, they are my vaforite !!!
Low key vintage Yugioh boxes in the back? Okay Rudy, I see you.
I just found some old '94 flair single cards from my childhood. Thanks for the memories.
I did a chapter 7 after 2020, best decision I’ve ever made in my life.
Ngl im pretty lazy... never got past chapter 1... (" -.-)
Why did you have to go chap 7?
I got to chapter 3 and just dropped the whole thing altogether. Overall, it was a pretty bad manga and there weren't even pictures
The thumbnail was for all the patrons that bought the sorcery bundle.
"Is that a giggity, hey we got a giggity"
It’s all about labor market for whether we are at bottom, bottoming process, or still have a large further drop ahead.. make no mistake, a much worse outcome is more than possible even after the current down cycle.
If the “soft landing” can occur we are probably in a bottom process.. if increased rates for longer leads to job losses we are in for a lot worse. So FAR people have been able to keep their jobs. That will not stay true forever in a rising rate environment
On top of that we now have student loan payments back for 40+ million people that have t been paying those for 3 years. Disposable income will drop from that alone. Overall job losses will determine the depth of the coming crisis
I've been watching since Force of Will, which unfortunately died, but I stuck around here because I enjoy keeping up with the TCG scene through your analysis and wit.
Tl;dw - Rudy is eternal...and this isn't even his final form.
I haven’t come to class lately, but I’m glad I’m here the days I am. Thank you Sir; Rudy ya go above an beyond the normal conversation lvl that makes it really worth watching the entirety of a video. Chef’s kiss.
I enjoy the back page sucking structure of Rudy’s Silk Road hydra heads - a patron
I'm at home depot but I forgot to measure the window. Thanks for the talk Rudy.
Hi, discussion point possibly.
Older people like the nostalgia of the older cards, the younger people don't collect like we, I'm 44 used to.
Do you see the older cards holding value?
Other then a collector wanting some nostalgia, will the card have value as we older people die off?
Yes, I understand such things do hold value and you said you want more black lotuses, but who wants them and why?
I don't have the reach and not in that upper line of magic like you are, but not many people I know can afford a black lotus or care about getting one.
A box of Urza Saga? It would be cool but seeing it as an investment with how many cards are being printed isn't what I would consider a good investment.
Interesting times indeed, not being negative just picking your brain possibly. Do your thing dog, I like to see people prosper.
To be honest, I am also skeptic regarding the majority of old cards retaining or increasing value in the long term, saying this as someone who enjoyed collecting them.
Apart from the iconic power-9 cards and few selected Vintage & Legacy staples, the only value of older cards lies in their rarity and nostalgic value, but newer MtG consumers seem to be more interested in seeing their favorite tv show, movie or videogame being turned into MtG cards, and I doubt they could care at all about weak cards with old looking artstyle.
And game-wise, what drives sales now it's essentially Commander, which not being sanctioned allows people to just print proxies of difficult/expensive to get cards, further decreasing the demand.
Pre-Modern sealed boxes have the wildcard of how rare some foils are, but even then, it is interested to consider how much actual demand exist for those and how much people are willing to spend for their foiled Cradle or Gilded Drake. But I cannot see younger folks spending a lot of money for the experience to draft some Urza box.
Just my opinion, anyway.
Market liquidity is the reason I didn't buy rhodium in 2016. The few buyers are going to set the price, and I only have the option to hold without ever making a profit.
Yeah, plus no one needs to buy that crap except periodic table completionists.
39:29 is when he says he isn't going bankrupt for those of you who don't have the time to watch the whole vid
Rudy when is the new Alpha investments shirt dropping is it gonna say Heavy bags for life on your chin? 😂 love you Rudy stay the course stay positive folks
Thanks Rudy, sage as always, have a nice day!
we love your longdescussions :)
Naked... in the grass...
Nate... in the grass...
Nate Bush - the name of his informant is Nate Bush
7:26 smart patrons paradox rift is lit
It is true, literally a hamburger, large soda and fries is like over $20…idk if this is the bottom though Rude, I hope it is but be careful because no one knows
We need another whiteboard pink visor market update sir
New nickname for our taco overlord:
Nakedin deGrasse Tyson
The funny thing is that what Rudy is saying is just a fundamental lesson of any buisness that wants to grow. If you want to succeed big you take risks, you gamble. On the other hand if you have your livelihood at risk you diversify in other avenues to never be hosed... Don't be Timmy be like Rudy.
Long video loved listening to it in the background. Rudy will alawyas be the Alpha dog! :)
Earthbound is up there with Chrono Trigger and FFIII as the best of the SNES JRPGs. Absolute masterpiece.
I have completed sets or close to all those old Marvel cards. I've been selling them to focus on other collections. I don't know if its just me but Rudy looks like he's mad about something you can't trust him when he's angry cause you can tell he's plotting right now. 😂
One things for sure, this has been a hell of a ride. I’m just a spectator and it’s like GoT in real life.
40:54 Rudy is Alpharius confirmed.
RUDY. I MISS YOU TALKING THROUGH A SHELF!
You always say options are about timing, but they also have volatility priced into them too. That's even harder to quantify.
Wouldn't the wars, economic depression, and federal deficit not extend further downward pressure? I would think a relapse of inflation would also be a future factor as well.
New Secret Lair allert!
Be me, be content with everything I'm holding going to zero so then I can crack open my whole sealed collection
Rudy you no understand,why would people buy a 1000 dolar Magic if theres no 20 dollar mat?!?!😂😂
Wow that fresh alundra is like 350. Graded it goes for about 1600. That's a great piece of history.
Next to vintage box openings, these long form market discussion videos on MTG are my favorite. Of course I enjoy when we talk about the market as a whole pie with CDs and bonds, other tcgs and collectibles as well as real-estate and dodge coin and also delicious Troy ounces of .999 fine silver mmmm. Now please open a box of Urza's Legacy for Patron @$5K
I'm still here buddy, been watching you for years, I don't do anything with Magic but I need my taco fix.
We're still going Rudy,!
Damn I wish I had a few of those boxes behind Rudy. He has the boxes I wish I could have brought as a kid!
Rudy I was able to quit my job because of you. I hope this info cheers you up some what. Thanks for all the great advice you’ve given me over the years! Keep it up Bud
LOL you were able to quit your job because rudy told you to buy overprinted cardboard? lol sure pal
@@fatmakesyoufat lol go look at how One Piece - FaB and Sorcery are doing my friend also sorry my reality is something you can’t even dream. I wish you the best in life bud ❤️
@@ToGoBox69 oh ya lol. Tell me all about those monarch boxes rudy loaded you up with LOL. Sorcery isn't even a year old lol. You sound like all the other metapoo timmys that first year lol. Cope harder lol
@@ToGoBox69there was a time when hard work was something to be proud of. And gambling was forbidden. Eventuelly, when there are too many useless eaters living of market trading, it will come to an end one way or another.
Woohoo!! Draft boxes to $60!!!
Great insight Rudy, thanks for the video!
I became a patron and I thought there would be cheaper prices than what I can find on ebay... but the prices are the same. Missed out on the promo card, and the bundle was even overpriced. I thought the card was a bonus, not having a cost in itself.
Its not about cheap prices. It's a way all the timmys can support their daddy.
I was there when Rudy said buy something. And I did, and I’m now doing ok.
And that's why I've slowed down on the TCG market and went back to old reliable comic books. Sure they were hit pretty hard as well but the market is a lot more stable
I collected all of those Marvel cards when I was a kid.
my worry is that if we are at the bottom or close to, then when we go back up, prices will inflate exponentially. I know that is good for WotC/Hasbro, and maybe game stores, BUT if product becomes unattainable due to price, then they will lose a far more number of players/buyers, than they would if they keep the prices middling/lower end. The more attainable the boxes and packs are, the more product they will ship. They don't have to be GAME PIECES, but they also don't have to be so expensive that it's alienating the masses that want to play OR collect.
cope harder, a recession is on the way, the bottom is way lower
I wouldnt do bizz with rudy, not cuz i think he is a scammer, but idk what im doing and i know he dosnt do bizz to make sure i make money.
My gathering on the playmat gate is some are fine with the way he is making it up, others arnt. However it does sound like he go emotional and patrons had to push back for him to make it right. I cant confirm that but idc enuff to go too deep. Dosnt change my opinions of why i watch this channel. Like it or not we are all rudys products 😅
Joseph I think in your first sentence you nailed it. I had a bad experience trying to sign up and place an order and he accused me of trying to scam him over $5 on a $4000 order so he canceled and refunded me less fees and permanent ban. I was frustrated at first but glad that I found out I wouldn’t want to get hooked into staying a patron and giving this guy business. I think he’s doing this because he will be buying less and less products and he needs to reduce patrons because he will have too many patrons for the boxes he is willing to buy. So he has to shred some patrons and then the most loyal will stay. Think of one country saying once in while “we need to mow the lawn” in an occupied territory. I’ll let you guys guess what country I am talking about