Two Experts Disagree on Chinese Market Impact
I want to share an interesting (public) Facebook exchange between Sahar Sarid and Andrew Rosener, two experts on the domain investment market. Sahar was commenting on the Chinese stock market drop and its potential impact on domain investments, and Andrew Rosener of Media Options disagreed with his assessment.
“I know some domainers who walked away on fabulous offers from Chinese buyers recently. Those offers are likely gone by now and who knows when and if they’ll be back anytime soon. #BlackMonday”
“I disagree with you. At least on the mid term. Right the small fish have gone but big fish are hungry to get their cash into assets which are more “flexible”. At the higher end of the Chinese Domain Market you will likely see new highs emerge as desperate wealthy Chinese investors try to outrun a falling Yuan and crashing stock market. The smart money was already out of this market which is why it’s falling anyhow.”
There aren’t many people with more domain investment experience than Sahar and Andrew. Both have sold millions of dollars worth of domain names, and I think both are quite in tune with the domain marketplace. It’s interesting to read their thoughts as we enter these tumultuous times.
If world markets continue to drop, people will be looking to experts for clues on how to proceed with their domain investments and sales. I think it’s great to read different perspectives from experts.
As always, you are welcome to share your insights here or in the comment area of Sahar’s Facebook post.
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