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Salomon Aaron

πŸ‘€ Speaker
328 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Inside the Booming Market for Dinosaur Fossils

And I always say, it's kind of consistent.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

My best friend's always like, I can't believe you've not found me a triceratops scar.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

And I always say, you can't buy as an investor.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

You have to buy because you love it.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

You're kind of inspired by the history, by the

Odd Lots
Inside the Booming Market for Dinosaur Fossils

It is, it's awe-inspiring to stand in front of a kind of 66 million years old creature that roamed the earth and it's jaw-dropping.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

But I don't believe in kind of buying for speculative reasons because there are so many unknowns.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

It might be that America, the US decides to kind of shut the private trade down and suddenly you may be one of the few people in the world with a triceratops skull in good condition and suddenly it's worth a hundred times what you paid for it.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

It may be that actually property prices go up and no one has the space for a dinosaur fossil in their home anymore.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

I mean, there's so many variables.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

There has been a lot of speculative buying and you do see that with pieces that have been acquired at auction and then six months later or one year later, they're offered for sale again privately as soon as the auction is finished.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

And that's not the behavior of kind of a genuine collector.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

who wants to acquire and live with something for decades.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

I really don't enjoy working with people who have that.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

That is their plan.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

You have to just trust that you do your research and your due diligence and you acquire at the fair market value, especially in this space.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

It's unreasonable and it should be a massive red flag for someone to sell you something which is under the prices of the current market because it's so competitive.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

All you can do is kind of acquire at a fair value with an honest description of what you're buying, with an understanding of exactly how good it is, how complete it is.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

And we can go into, for example, what to look for when acquiring a dinosaur fossil.

Odd Lots
Inside the Booming Market for Dinosaur Fossils

Like why, what gives it value?