The Sneaker Portfolio Manager

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Avatar for Rasel15
4 years ago

All these stories Meet four sneaker-flipping sherpas, each of whom might make you rich—and benefit handsomely themselves, too the same way: with a pair of sneakers purchased for the retail price, and then flipped for a profit. They start this way because odds are you, or someone you know, has done this very thing, or will very soon. And the odds are decent, too, that your path to that cash, or your brother’s or your cousin’s, has resembled one of a handful of proven methods, whether it involves seed capital from the Bank of Dad or a little bit of gentle corporate hacking. Because as the secondary sneaker market has swelled to somewhere in the range of a $2 billion market with the potential to reach $6 billion by 2025, according to investment bank Cowen, it’s turned into a boondoggle for everyone involved.

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Avatar for Rasel15
4 years ago

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