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Amazon’s $23M book about flies (2011)

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Re: Amazon’s $23M book about flies (2011)

#51

Occam's razor. Automated pricing, not laundering, lol. Amazon provides an interface for it. Provide rules for automatically updating price. Very common in the online book market. https://sellercentral.amazon.com/help/hub/reference/external...

Yeah no one would pay that much for a book. You need something believable for laundering. NFTs were almost designed for it.

Re: Amazon’s $23M book about flies (2011)

#52
post #38

Related: Amazon’s $23M book about flies (2011) - https://news.ycombinator.com/item?id=24809866 - Oct 2020 (81 comments) Amazon’s $23M book about flies (2011) - https://news.ycombinator.com/item?id=16247254 - Jan 2018 (106 comments) Amazon’s $23M book about flies (2011) - https://news.ycombinator.com/item?id=10289742 - Sept 2015 (94 comments) Amazon’s $23,698,655.93 book about flies - https://news.ycombinator.com/item…

There's the original 2011 thread, Amazon’s $23,698,655.93 book about flies: https://news.ycombinator.com/item?id=2475854

Yikes, not sure how I missed that. Added above—thanks!

Re: Amazon’s $23M book about flies (2011)

#53
post #49
post #38

Related: Amazon’s $23M book about flies (2011) - https://news.ycombinator.com/item?id=24809866 - Oct 2020 (81 comments) Amazon’s $23M book about flies (2011) - https://news.ycombinator.com/item?id=16247254 - Jan 2018 (106 comments) Amazon’s $23M book about flies (2011) - https://news.ycombinator.com/item?id=10289742 - Sept 2015 (94 comments) Amazon’s $23,698,655.93 book about flies - https://news.ycombinator.com/item…

HN search for "book about flies" turns up 8 threads as the top results. In addition to the current thread, these three, and one posted in a sibling comment: https://news.ycombinator.com/item?id=30683634 https://news.ycombinator.com/item?id=15471621 https://news.ycombinator.com/item?id=2494910 Naturally, those three threads have no discussion on them.

Yes, by convention we don't bother linking to past threads with no comments.

But what I meant by similar cases wasn't clear enough. I didn't mean other threads about this book about flies. I meant other mysterious cases of extreme outlier pricing—for other weird products. I'm pretty sure there have been a number of those over the years but my memory of what they were has eroded away.

Re: Amazon’s $23M book about flies (2011)

#54
post #53
post #49

Earlier quoted context omitted.

HN search for "book about flies" turns up 8 threads as the top results. In addition to the current thread, these three, and one posted in a sibling comment: https://news.ycombinator.com/item?id=30683634 https://news.ycombinator.com/item?id=15471621 https://news.ycombinator.com/item?id=2494910 Naturally, those three threads have no discussion on them.

Yes, by convention we don't bother linking to past threads with no comments. But what I meant by similar cases wasn't clear enough. I didn't mean other threads about this book about flies. I meant other mysterious cases of extreme outlier pricing—for other weird products. I'm pretty sure there have been a number of those over the years but my memory of what they were has eroded away.

Right, I figured that's probably what you meant. One thing that had moderate success for me was searching for "book about flies" in comments, since this story is more likely to get mentioned in stories that are related. (bemused thought: what would a PageRank-like algorithm turn up if it were driven by HN comments linking to other HN threads?)

https://news.ycombinator.com/item?id=13963743

https://news.ycombinator.com/item?id=5448806

https://news.ycombinator.com/item?id=3618114

Of course, this is a much noisier way to search, as it also picks up mentions of Lord of the Flies.

Re: Amazon’s $23M book about flies (2011)

#55

Occam's razor. Automated pricing, not laundering, lol. Amazon provides an interface for it. Provide rules for automatically updating price. Very common in the online book market. https://sellercentral.amazon.com/help/hub/reference/external...

Yep. When the book _Traditional Archery from Six Continents_ hit four digits, I found it less expensive to license the copyright and do a run of 100 books.

Re: Amazon’s $23M book about flies (2011)

#56

Hmm. Is there a way to short-sell physical items like books?

Get a copy by other means, then list it on Amazon for slightly less than the cheaper ("legit") seller and order it from the expensive ("scam") one, hopefully before they adjust their prices. Then the scam seller buys it from you to sell to...you, and you pocket the difference. This will presumably only work if the scam seller also automates the actual purchasing. If there is a human in the loop, they may look elsewhe…

I got frustrated once that my local supermarkets carried all but one particular flavor of a certain (food) product. So I looked on Amazon, and somebody was selling a moderately large case at an inflated price, and I bought one, because there didn't seem to be another option. Within a few weeks, I see the same thing on the shelf at a local store, substantially undercutting what I paid. Then, however, they never restocked it.

It wasn't like I was planning on starting a business of reselling it, but it was startling.

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