diamond retail market
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 5, 2021 by Shaan Puri · across every show →
Everything said about diamond retail market, oldest first
Nov 5, 2021 bearish
Shaan Puri: Diamonds Lose 50% of Their Resale Value Immediately After Purchase
“It's like a car. If you take a diamond out of the shop, it's lost 50% of its resale value. And the dealer doesn't want you to know that. So they won't even make you an offer to buy it back. So they banned merchants from like making offers to buy it back.”