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Investing in Dinosaur Poop

Diary, Newsletter

The dinosaur bone market has crunched. Once a favorite collectible of high-flying hedge fund managers, the prices of everything from tyrannosaurus rex to brontosaurus fossils have skidded. A recent auction of a triceratops skeleton failed to reach its minimum bid of $1 million. Even prices for fossilized dinosaur excrement, a popular niche market, have gone down the toilet.

The all-time high for these specimens was hit ten years ago when a T-rex named ?Sue? sold for $10 million, which, after much litigation, ended up in the Field Museum in Chicago. Floor traders in the pits should pay a visit to the museum to see what a real predator really looks like.

Dealers were hoping that the sale of a rare three foot tall, 18,000 year old possible pre human hominid, homo floresiensis, discovered in Indonesia, would help revive the market. Alas, the price came up short.

homo floresiensis

T, Rex named Sue

Meet ?Sue?

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