This,One Red Paper Clip, and the Red Pill is where it all started.
By Franny and I going back and forth with arguements about his trades.
Take a look, read the comment. This was actually all on my Blog to start. Franny made a comment about my comment on the red pills Blog. Then I brought up the paper clip guy, and it was back and forth from there.
TDK
Thursday, August 17, 2006
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1 comment:
Here are all of the communicatioins I think we agree to link this site.
Franny said...
What is up with the novel of a comment you left over at the redpill. Damn dude...I guess one thing is for sure, you should get some traffic to this blog if you keep posting over there...nice post.
Cheers
Franny
10:01 PM
The Dollar Kidd said...
That guy is so up and down. He can slam somebody then come back the next day and write something so that he looks like a Jack Ass. I have been reading his stuff every couple of days. He is pretty open and that is cool, but I don't see what he has to be pissed off about yet. LIke the red paper clip guy, I am sure he will be worth millions, but I don't feel his trades were all that great. YOu do not trade a paper clip for a house in 14 trades. especially when one of them is a snow globe for a movie roll, come on, that globe is on ebay for $10... I think it was a lot "HELP" if you know what I mean, not necessarily "good" trading.
-TDK
7:10 AM
Franny said...
Well, even if the trades were outrageous, he built the buzz around the whole thing himself. I see nothing wrong with it. I would have to say it was "Good" trading if he said, "I will give you this snow globe for a movie role and you will probably get some publicity from it". In that case is is probably a good trade for him and the movie producer.
11:13 AM
The Dollar Kidd said...
I suppose you could call it good publicity. I think you really could trade your way up to a house fro a paper clip, but I seeing that as taking thousands of trades. A painstaking process. He did a couple up front then sat back and let the hype catch up and beyond then chose from a basket of options, he traded publicity. Don't get me wrong it was a great idea and great publicity, but not good trading. And I am not saying that I would have done any different. but take any item in your garage and think what would it take for me to trade that away?
What would you trade your mower for? A set of clay poker chips, no. and probably not just for some publicity. madybe for a cut of the red paper clip t shirt profits.
That is like hunting in a zoo you know, well I shot the animal myself. and he was running free in his environtment, it was just smaller. Yeah but he was pinned in a fenced area. I know but I still shot it. So that is good hunting? No it's good shooting, he made the shot, and has nothing to do with his skill of hunting.
Well I guess just me and you talk on here.
-TDK
12:10 PM
Franny said...
I dont really get the zoo analogy, and I don't see how it fits. Anything that is brings money(or reward in this case) is built around buzz. He created buzz and it worked for him. Just like myspace, gucci, prada, youtube, the list could go on and on forever..., but at face value, these things are worth no more than a lot of their cheaper counterparts. If I was asked to trade my lawnmower for clay poker chips, I would not. But if you said I will trade you these poker chips for your lawnmover and I guarantee 10 million people will read about it and know who you are, I wouldnt even think twice. He marketed his own "quest" and was able to extract a large value from a red paper clip. No different than extracting $180 from a $12 dollar pair of Air Jordans.
1:05 PM
The Dollar Kidd said...
So you would not trade your Mower for a set of Clay chips unless 10,000,000 people knew you were going to do it. Then 10,000,000 people would know that you did it. and the other guy would have your mower. Now what? The hype would be about the guy with the mower. The guy with the better end of the trade would get the hype right? Well I haven't seen your mower. But I am guessing probably it has a value of a couple thousand dollars anyway.
So the bottom guy of the trade is like uhm, 2nd you know like the team that lost the super bowl. right away you remember Pittsburgh won it last year, but it takes a few second to remember who they beat. Uhm it was, Philly right?..... Nope...
It was the Seahawks. Who talks about many of Kyle's trades? I talk about the snow globe. Most talk about the movie role for the house. As that in it's self started a new contest a new hype. it is mostly summed up by the red paper clip and the house. Nobody really cares what went on in between.
-TDK
1:49 PM
Franny said...
yep...I probably would, then it would be my responsibility to try to keep my name in their head. plain and simple...he created his own publicity without paying someone to commercialize it for him...why hate on him. The dude obviously owns if he can pull this off. I assure you, if it were your idea you would be saying how genius it was, rather than shooting holes in it.
3:00 PM
The Dollar Kidd said...
Hey I give him the credit for creating his own publicity and that he did complete his quest.
I just expected some better trades, and a longer list. Longer than 14. I was in awe about the patients and trading insight and ability it would take to make that many trades. You know I was thinking likd back in the days of fur traders and was hping to see a modern day trader. You know like so many poker genius today that you have talked about. I thought this guy was a trading genius. I don't think he is a trading genius but a genius none the less. I think a paper clip to a car is impressive.
In all I guess I am disappointed in the trades, i was looking for everyday trades, that you would see anyone take a shot at. Not just people that wanted to jusmp on his press wagon.
So in part I blame the people who practically threw themselves at him with rediculous trades.
Over all he did great in publicity and accomplishing a goal, he never promised any thing about the trades just that he would do it with out cash. Kudos.
If I had thought of it I wouldn't be making house payments. I even contacted him with this site to check it out, so who know maybe he is reading it.
-TDK
11:25 AM
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