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Joe Weisenthal

πŸ‘€ Speaker
3910 total appearances
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Podcast Appearances

Odd Lots
Inside the Booming Market for Dinosaur Fossils

It's exactly where I was going to go next.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

So yeah.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

That makes a ton of sense, of course.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

The fact that if there's a lot of money in the space, then you elicit more discovery and then it's good for science, etc.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Those agreements where it's like, OK, I buy a dinosaur and then I put it in a museum.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Is there a time component?

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Can I ever take it back eventually?

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Like, OK, I agree to place it for 10 years or two years or something.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Or am I expected to sort of.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

permanently give it to the museum to hold?

Odd Lots
Inside the Booming Market for Dinosaur Fossils

No, no.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

There's so much information that it's totally fine.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

I actually want to go back to something you said because when you think about market structure,

Odd Lots
Inside the Booming Market for Dinosaur Fossils

You did say one thing that sort of feels familiar, perhaps, which is that you can get a better shot at acquiring something at a good price if you buy it a little bit earlier in the process.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

That by the time the dinosaur has been completely excavated and documented and assembled, etc., it's going to go to some rich collector in the Gulf or something like that.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Talk to us a little bit more.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Some of these collectors or people who are waiting for that T-Rex skull or whatever, how early can they, if they're so inclined, get in on the process?

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Can they front money towards a paleontologist who has a good reason to think there might be something there?

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Can they like, you know, can they buy a stake of an excavation project, period?

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Like for the active collector.