Anthony Capece

Author's details

Name: Anthony Capece
Date registered: November 9, 2013

Biography

@acmtg   -    Articles Anthony is your typical started-during-Revised-then-quit-then-came-back-years-later Magic player. He enjoys the financial aspect of the game the most, mainly because it lets him use his analytical side but also because it makes up for the money he hemorrhages drafting on MTGO.

Latest posts

  1. The Wealth Effect — March 4, 2015
  2. Always and Never in Magic Finance — January 8, 2015
  3. What Wizards Wants: Reprints — October 10, 2014
  4. Negotiating in Magic Finance — August 18, 2014
  5. Magic and Personal Finance — July 25, 2014

Most commented posts

  1. The Unwilling Speculators — 41 comments
  2. Counterfeits On TCGplayer: My Experience — 32 comments
  3. Anthony Capece – Rare is the New Uncommon — 30 comments
  4. Magic and Personal Finance — 12 comments
  5. Anthony Capece – Anatomy of a Spike — 12 comments

Author's posts listings

The Wealth Effect

Magic financiers typically point to the growth of the playerbase as the primary driver of rising card prices in recent years. Rising card prices, in turn, have been the primary driver of Magic finance. Without new money pouring in, speculating on Magic cards would largely be a zero-sum game closer to gambling than investing. The …

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Always and Never in Magic Finance

Today I want to talk about one of the great traps in Magic finance, or really any kind of investing. The trap is forgetting about, or just ignoring, this statement: past performance does not indicate future results. To take it to the extreme, it’s the trap of “always” and “never.” Let’s start with an example. …

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What Wizards Wants: Reprints

Magic players can be selfish. When Wizards of the Coast makes a decision or a change to the game, most people talk about how it affects them. Standard players talk about how it affects Standard, Cube enthusiasts talk about possible inclusions from the new set, Modern and Legacy players look for playable eternal cards, and so …

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Negotiating in Magic Finance

Improving your negotiation skills is a great way to level up at Magic finance. The ability to make better deals, even just slightly better, will pay huge dividends over time because you can use it again and again. Today I’m going to talk about keys to successful negotiation at the dealer booths and trade tables. …

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Magic and Personal Finance

How do Magic finance and personal finance fit together? I haven’t seen too much written on the subject, but I think it’s worth discussion. Personal finance is incredibly important to success in life, so the degree to which Magic finance can aid or derail you along the way is very relevant. I’ve seen people engage …

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A Bearish Outlook for Magic Speculation

After my unexpected month-long vacation from writing, I thought a macro article would be a good way to start again. Today I’m going to explain why I think it will be difficult to make money speculating on Magic in the future. I’m using the term “speculation” here to mean buying cards you believe will increase …

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Bargain Hunting On MTGO

There are some great bargains on MTGO right now. I usually write articles about strategy or trends because I think they are most valuable and because there are a lot of writers who do a better job picking cards than I can. Still, every now and then I see enough opportunity somewhere to make me …

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Rotation: How Soon is Now?

There are a number of basic concepts that you learn when starting in Magic finance. These are the building blocks that make Magic finance predictable enough to be profitable—the fundamentals that dictate supply and demand. I’m talking about things like rarity, big set versus small set, draft pack ratios, scarcity of older sets, and rotation. …

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The View From 10,000 Feet

The popularity of Magic: The Gathering has exploded over the past few years. There, I just taught you everything you need to know about Magic finance. I’m not kidding. Well, I’m sort of kidding. The truth is that it’s been pretty easy to make money buying and selling Magic cards recently because the overall price …

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Inventory Management Part V: Strategy

Welcome to the fifth and final part of my Inventory Management series. Last week I took a break to write about counterfeits, and I really appreciate all the feedback and conversation. I thought it was worth breaking up this series to get that article out faster. Today we’re talking general inventory strategy and some miscellaneous …

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Counterfeits On TCGplayer: My Experience

I have some good news and some bad news. The bad news first: some of the Chinese counterfeit cards have found their way onto TCGplayer.com. In fact, I received three counterfeit Return to Ravnica Hallowed Fountains in a purchase from a TCGplayer.com vendor last week. The good news is that they were very easy to identify …

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Inventory Management Part IV: Sunk Cost

This is part four of my Inventory Management series. Parts one through three are here, here, and here. Read them first if you haven’t already. I really appreciate the feedback I have been getting and I’m happy to answer questions. Today we’re talking about sunk cost. Sunk cost is not just an inventory management topic, …

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Inventory Management Part III: Turnover

This is part three of my Inventory Management series. Two weeks ago, I led with an introduction talking about the purpose of inventory as well as some common mistakes. In short, inventory is there to support your sales which is how you make money. Last week, I talked about tracking your inventory and calculating your …

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Inventory Management Part II: Tracking

Last week, I started my Inventory Management series by discussing some basic concepts and common mistakes. Today we’re going to get down into the weeds—we’ll start with tracking and then briefly touch on some metrics you can use to evaluate your performance. I’ll talk more about metrics in my next article, but accurately tracking your …

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Inventory Management Part I: The Basics

Today I want to talk about inventory management. Others here at Brainstorm Brewery have touched on this subject, but I don’t feel like it’s been explored in enough depth. I think inventory management is a glaring weakness for many financiers, so much so that I am going to dedicate a series of articles to it. …

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Great Expectations

This is a headline that makes me chuckle every single time I read it: “Apple posted quarterly results that beat estimates Monday … shares dropped more than 5%.” For those who don’t follow non-Magic finance, the reason this happens (and it happens all the time to all kinds of companies) has to do with expectations. …

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Modern Technology

Two weeks ago, in The Unwilling Speculators, I wrote about the Modern format and how its affordability (or lack thereof) is quickly spiraling out of control. The article got some good discussion going—thank you to all the commenters who contributed. The article wasn’t intended to be another “blame Wizards” piece. I can only fit so …

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The Unwilling Speculators

There has been a lot said and written about the spikes in Modern card prices over the past few months, and much of it has been aimed at speculators. I completely understand the frustration with ever-increasing Modern card prices—I am a player and I feel it too. Until last weekend, I would have told you …

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Size Matters

Magic specs are like steaks – the rarer the better. The fewer copies of a card on the market, the bigger payoff if a spec hits. Simple enough. Sometimes, though, the color of the expansion symbol doesn’t tell you everything you need to know about supply. Sometimes you have to consider other factors. A few …

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Anthony Capece – Going Deep

I am not really one for the called shot in Magic finance. Aside from the fact that there is no accountability whatsoever, I’m not the type to deploy my capital based on one person’s opinion (unless that person is me). I read two or three Magic finance articles each week that use this methodology for …

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Anthony Capece – Anatomy of a Spike

The price spike can be the most exciting, terrifying, confusing, profitable, and potentially disastrous phenomenon in Magic finance. It’s equal parts the reason we do this and the thing we hate most about it. With Splinter Twin still fresh on everyone’s mind, today I’m going to talk about what causes these spikes, how you can …

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Anthony Capece – Modeling Uncertainty in MTGO (How Much Do You Trust Worth?)

There was a pretty significant change to MTGO last week. Wizards shut down all daily, premier, PTQ, and MOCS events indefinitely. Where there is change there is uncertainty, and where there is uncertainty there is opportunity. We’re all on the same page here – we want to take advantage if card prices drop. Unlike most …

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Anthony Capece – Rare is the New Uncommon

I’d like to discuss the rise in price of Modern staples over the past few years and why I believe that more recently printed Modern staples – Deathrite Shaman and Thoughtseize, for example – might actually be traps. Let’s start here: “Past performance does not indicate future results.” It’s one of those nuggets of investing …

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