The Easiest Trade I Missed
22 segments
I love this story cuz back during the
Obama days when he had his inauguration,
Michelle Obama wore this J.Crew outfit.
It's a yellow J.Crew outfit. And this is
like in the heat of me being a social
arbitrator and thinking that I was
seeing everything. I was like I I was so
cocky. And all of a sudden, J.Crew
explodes because you have an entirely
new demographic of black Americans that
are fully supporting J.Crew because the
first lady is literally decked out in a
J.Crew outfit. And she's on the cover of
every single magazine. I mean, it was
like I think it was like People magazine
was on my coffee table with Michelle
Obama wearing that outfit. I stared at
it every day. And I could not make the
connection in my brain to Oh, is there a
trade in that outfit? And so, I
eventually I missed that trade
completely.
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The speaker reflects on a missed investment opportunity involving J.Crew during the Obama inauguration era, after failing to recognize the massive market impact of Michelle Obama wearing the brand's clothing.
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