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Meet the Man Who Chooses Sneakers Over Real Estate

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  • Опубліковано 7 сер 2024
  • Meet the guys behind the first sneaker hedge fund...
    Always Legit Website: www.alwayslegit.com/
    Always Legit Instagram: / alwayslegitny
    Always Legit Market Report: docsend.com/v/m8t2c/alwaysleg...
    Follow us on Instagram: / dpsneak
    Disclaimer:
    Past performance is not an indicator of future results.
    All trademarks are the property of their respective owners.

КОМЕНТАРІ • 62

  • @dpsneak
    @dpsneak  Місяць тому +7

    Random comment gets $52🖤

  • @1LastWarning.
    @1LastWarning. Місяць тому +8

    Bro, this guy does everything every other reseller does. You’re not doing anything different.

  • @Averagecollectorchris
    @Averagecollectorchris Місяць тому +5

    Tell them not to ‘invest’ in the Wu Tang dunks or the Undefeated 4s 😅

  • @tiaxi6779
    @tiaxi6779 Місяць тому +17

    dump money s&p 500 will get more return and better liquidity

    • @ShawnDeLaCruz
      @ShawnDeLaCruz Місяць тому +4

      A multi-unit apartment complex will definitely out perform sneakers in the next 10 years.

  • @dand1n
    @dand1n Місяць тому +5

    Indeed a very interesting business model, i wish them well in their company

  • @jsmiles9136
    @jsmiles9136 Місяць тому +2

    great video as always Daejin. Keep up the great work.

  • @KibReloaded
    @KibReloaded Місяць тому +4

    Wow this actually a very interesting investing model

  • @WaltRsDave-cs4zc
    @WaltRsDave-cs4zc Місяць тому +25

    Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires

    • @BestoFornitero
      @BestoFornitero Місяць тому

      look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying

    • @JesseWatford-qe9sv
      @JesseWatford-qe9sv Місяць тому

      The key is diversification. Personally, I delegate my investing to an advisor, cos my job doesn't permit the time to perform market analysis myself. Thankfully, my once ago stagnant portfolio has now 5X in barely 4 years, summing up almost 7 figure as of today.

    • @brickPalmerm-ki5er
      @brickPalmerm-ki5er Місяць тому

      i'm blown away! more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one... they all seem to be involved in either real estate, stocks, or crypto

    • @JesseWatford-qe9sv
      @JesseWatford-qe9sv Місяць тому

      Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.

    • @JesseWatford-qe9sv
      @JesseWatford-qe9sv Місяць тому

      Use her name to quickly conduct an internet search.

  • @AR8445
    @AR8445 Місяць тому +4

    If you're paying $6-7,000 for a pair of Marquette's there is something wrong with you and you should seek help.

    • @Alex13026
      @Alex13026 Місяць тому +1

      Some people just got a lot of money lol.

  • @ShawnDeLaCruz
    @ShawnDeLaCruz Місяць тому +4

    Lots of speculation and hope. Nike is doing it's best to GR these types of sneakers to increase revenue and their stock price. What if the inconceivable happens and these assets decrease in value?

    • @Skills50
      @Skills50 Місяць тому

      Value will be different from OG and new pair

    • @heybudstfunow
      @heybudstfunow Місяць тому +3

      @@Skills50false that rarely ever matters and after 5-8 years shoes fall apart anyways

    • @ShawnDeLaCruz
      @ShawnDeLaCruz Місяць тому +2

      @@Skills50 True, but the value of the OG will take a dive.

    • @ShawnDeLaCruz
      @ShawnDeLaCruz Місяць тому +1

      @@heybudstfunow I found mine fall apart after 10-15 years of deadstock depending on the shoe. But they last alot longer if I wear them occasionally.

    • @Skills50
      @Skills50 Місяць тому

      @@ShawnDeLaCruz maybe, it depends on what they do.

  • @Ernest_Kahn
    @Ernest_Kahn Місяць тому +1

    This is crazy!!! This man gets it!!

  • @ovyovy3344
    @ovyovy3344 Місяць тому +1

    A lot of speculation. Mentioning Sothebys isn’t a guarantee as well, have you seen some of the recent high end shoes on auction? Also, they also noted that they have a “system” that tells them when to sell or buy shoes? Isn’t that just parsing data from sites like eBay and stockx? How can they monitor other transactions made offline? Again, a speculative business model and the guy sounds like he is just pandering. Mentioning keywords like Sothebys, asset class, etc. like he is tryna boost SEO of his site.

  • @porsche9302
    @porsche9302 Місяць тому

    We always have inventory coming in and out. We don't let cash sit in an account. Is it me or does this sound like a pyramid scheme buying for one customer then selling it to the next so and and so on?

  • @Kai10benny
    @Kai10benny 8 днів тому

    the market goes down and your stuck with so much inventory what do you do? start a business that says the market is fine and were gonna hold onto these shoes for years so by then it should be up and you can give us your money to invest but we cap that 20% first which will help us make our books in the black.... creative

  • @bobbrett5404
    @bobbrett5404 Місяць тому +2

    Interesting business model, restocks must still be a looming threat tho…

  • @1995mrsana
    @1995mrsana Місяць тому

    Great video 🔥

  • @AlwayslegitNY
    @AlwayslegitNY Місяць тому +2

    Sneaker Are An Asset Class
    Thank you for having us on!!

  • @DannyMoore2369
    @DannyMoore2369 Місяць тому +8

    Dude doesn’t own anything. This gotta be the worst sneaker business model I’ve ever seen. Nike decides to release these pairs and he now owes a ton of money out. This business model won’t last and isn’t scalable

    • @thatguyjokes4766
      @thatguyjokes4766 Місяць тому +1

      It’s a Ponzi scheme

    • @Alex13026
      @Alex13026 Місяць тому

      Nike will never release theses pairs again lol.

  • @beast1981ful
    @beast1981ful Місяць тому

    Good vid

  • @Vadeemfortythree
    @Vadeemfortythree Місяць тому

    Fire video

  • @porsche9302
    @porsche9302 Місяць тому

    Alternative assets. Networking events. Hedgefund managers. SotheRby's

  • @dannyyang7926
    @dannyyang7926 Місяць тому +1

    W vid

  • @Mast3rShak3zilla
    @Mast3rShak3zilla 25 днів тому

    28 minutes of straight yapping 😂

  • @sparkygames2105
    @sparkygames2105 Місяць тому

    Crazy vid

  • @Breadward3k
    @Breadward3k Місяць тому

    Nike opening the vault and re releasing Undefeated, Off White, TS releasing 10x the amount of shoes
    Who’s to say what’s going to happen with a lot of these OG pairs. Prob only exclusively going through hands of high net individuals. It’s their own market

  • @wock4you
    @wock4you Місяць тому

    Very interesting

  • @Aimer976
    @Aimer976 Місяць тому +1

    Nike = Luxury

  • @shoppristine0118
    @shoppristine0118 Місяць тому

    W🔥

  • @user-bw2gp3qx7u
    @user-bw2gp3qx7u Місяць тому

    Fire

  • @Yesyou_
    @Yesyou_ Місяць тому

    Bay Area

  • @porsche9302
    @porsche9302 Місяць тому

    Educating the market? Scamming someone

  • @mruso2
    @mruso2 Місяць тому

    Bless me pls

  • @EarthianZero
    @EarthianZero Місяць тому

    🔺

  • @porsche9302
    @porsche9302 Місяць тому

    SotheRby's

  • @DingoGamingSquad
    @DingoGamingSquad 27 днів тому

    Wow these guys are the greatest resellers ever. Not.

  • @tbuddy3372
    @tbuddy3372 Місяць тому

    I can use that 52$ to go out to eat