Nicole Lapin
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Huge, like...
Up and to the right, you know, but what would the average annual return actually be gross and then minus some of the platform fees?
And typically how long is somebody going to hold that bag then?
Wait, break that down in English.
Okay.
So if somebody doesn't know, how much is a Birkin?
It's crazy town.
I mean, these are very, very, very high class rich people problems to have to go buy a sandal or an accessory or something to make nice, nice with the salespeople to maybe...
Have the luxury or the privilege of dropping 15 grand on a bag that's maybe an ugly color.
I mean, I'm partial.
My best friend did start Tradesy.
So we have to put them in the mix.
There's too many to count.
Okay, so then let's follow the life cycle of that bag.
If you're doing it just to be an investor, in which case you probably should leave it in the box, right?
Like don't take it around, don't dirty it up.
Yeah, typically.
And we've done videos breaking down how long it takes to double your money based on the investment return.
So typically in the stock market, it will take you about seven years.
If you're thinking of a 10% year over year rate of return, it will take you about seven years to double your money.