Zac Bissonnette

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Zac Bissonnette

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March 2012

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Average rating: 3.79 · 2,370 ratings · 471 reviews · 5 distinct worksSimilar authors
The Great Beanie Baby Bubbl...

3.87 avg rating — 1,325 ratings — published 2014 — 5 editions
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How to Be Richer, Smarter, ...

3.67 avg rating — 456 ratings — published 2012 — 6 editions
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Debt-Free U: How I Paid for...

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3.82 avg rating — 460 ratings — published 2010 — 5 editions
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Good Advice from Bad People...

3.31 avg rating — 125 ratings — published 2014 — 3 editions
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Warman's Antiques & Collect...

really liked it 4.00 avg rating — 5 ratings — published 2012 — 2 editions
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Arsenic and Old Books by Miranda James
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Bless Her Dead Little Heart by Miranda James
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Out of Circulation by Miranda James
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File M for Murder by Miranda James
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Classified as Murder by Miranda James
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Murder Past Due by Miranda James
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The Great Beanie Baby Bubble by Zac Bissonnette
The Great Beanie Baby Bubble by Zac Bissonnette
"The late 1990s brought a perfect storm of the introduction of internet auction site eBay, stock market and housing booms, and a slew of people who wanted to participate but couldn't afford to leverage either real estate or a stock portfolio. You c..." Read more of this review »
Good Advice from Bad People by Zac Bissonnette
"I was expecting to read this book over a weekend and laugh until it hurt. The problem was that the book lacks the humor that would make this book memorable. I read the book but don't remember most of what I read. I wanted to laugh along with the a..." Read more of this review »
More of Zac's books…
“Charles Kindleberger explained the self-perpetuating feeding frenzy that develops when speculators start making money: 'There is nothing so disturbing to one’s well-being and judgment as to see a friend get rich'.”
Zac Bissonnette, The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

“The Bradford Exchange—a knockoff of [Joseph] Segel’s [Franklin Mint] business—created a murky secondary market for its collector plates, complete with advertisements featuring its “brokers” hovering over computers, tracking plate prices. To underscore the idea of these mass-produced tchotchkes as upmarket, sophisticated investments, the company deployed some of its most aggressive ads (which later led to lawsuits) in magazines like Kiplinger’s Personal Finance and Architectural Digest. A 1986 sales pitch offered “The Sound of Music,” the first plate in a new series from the Edwin M. Knowles China Company, at a price of $19.50. Yet the ad copy didn’t emphasize the plate itself. Rather, bold type introduced two so-called facts: “Fact: ‘Scarlett,’ the 1976 first issue in Edwin M. Knowles’ landmark series of collector’s plates inspired by the classic film Gone With the Wind, cost $21.60 when it was issued. It recently traded at $245.00—an increase of 1,040% in just seven years.” And “Fact: ‘The Sound of Music,’ the first issue in Knowles’ The Sound of Music series, inspired by the classic film of the same name, is now available for $19.50.” Later the ad advised that “it’s likely to increase in value.” Currently, those plates can be had on eBay for less than $5 each. In 1993 U.S. direct mail sales of collectibles totaled $1.7 billion”
Zac Bissonnette, The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

“It is often said of the gold rush that the people who got rich were the shovel dealers who profited from the greed of the forty-niners. With Beanie Babies, most of the lasting personal fortunes came from selling books and tag protectors, not from speculating in plush.”
Zac Bissonnette, The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute




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