How to buy anything for a fraction of the cost

Recode Daily

Recode

Science, Technology, Society & Culture

4.6 • 1.3K Ratings

🗓️ 22 December 2021

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

With the advent of the internet and blockchain technology, the list of valuables you can invest in is endless. In addition to gold, cryptocoins, and the usual stocks, people are now putting their money into everyday collectibles like antique cars and baseball cards. Financial journalist Dion Rabouin (@DionRabouin) explains. Read Dion’s story here: https://www.vox.com/the-goods/22700655/cryptocurrency-invest-nft-whiskey-playboy This episode was made by: Host: Adam Clark Estes (@adamclarkestes) Producer: Alan Rodriguez Espinoza (@ardzes) Engineer: Paul Robert Mounsey Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Mailchimp would like to talk to you about customers.
0:03.6	A customer is what happens when marketers fail to personalise their marketing,
0:07.8	grouping customers with very different behaviours into one tangled mess.
0:12.0	But with Mailchimp, marketers can use real-time behaviour data to personalise every email for every customer.
0:18.2	So get Mailchimp and turn your customers into customers.
0:22.4	Into it Mailchimp, the number one email marketing and automation brand.
0:26.8	Based on customer numbers for verification email, appetisingatmailchimp.com.
0:31.2	It's Rico Daily. I'm Adam Clark Estes.
0:34.0	And just a quick reminder that we're on break for the next couple weeks.
0:37.6	And Rico Daily will be back with new episodes in the new year.
0:41.6	In the meantime, here's one of our favourites from this year.
0:44.8	Thanks.
0:45.8	Before the internet, it would have been solid financial advice to buy gold.
0:57.0	A few years ago, your friends probably told you to invest in Bitcoin.
1:00.6	Well, it's now 2021.
1:03.0	And what if I told you to put your money into a bottle of whiskey?
1:07.2	A pair of Nike's.
1:08.4	How about an old Marvel comic book?
1:10.6	It may sound strange, but more and more people are investing in rare memorabilia.
1:15.2	And no, I'm not just talking about starting a collection.
1:17.6	I mean, actually buying shares of a single item and owning a portion of it.
1:25.0	It's called Fractionalization.
	...

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