Investment Grade Mountain Bikes

Posted by SuperClydesdale on September 5, 2010 under Commentary | 2 Comments to Read

I bought a mountain bike two weeks ago.  Well, I thought I did.  Apparently what I bought was a futures contract for a mountain bike.   I spent money, and in exchange got a promise for the delivery of a Specialized 29er at some future point in time.

Now, with all of the havoc that speculative trading has done to the financial markets, I am very concerned about the mountain bike market.

Mountain bike futures trading is apparently even riskier than other types of derivatives in that with most other commodities, you have a pretty firm date associated with the contract – and the buyer agrees to buy an asset on or before a specific date.  With mountain bike futures, the selling party can apparently change the date of the transfer of the asset at any time without notice.  I guess pork bellies are not as cool as Stumpjumpers, so the pork belly boys actually have to deliver when they say they will.

Before I ordered the bike, my LBS went into Specialized web site and told me “end of August.”   I went in yesterday (Sept 3rd) to presumably pick up the bike, and was told “mid October.”

What the crap is that?  I’m calling Obama!  The administration needs to clamp down on reckless derivatives trading in the mountain bike market.

The excuse is that these are all made-to-order and therefore takes forever.   That doesn’t make sense, because the Specialized Stumpjumper is what it is (not like a fast-food Cialis Online burger, which is much more complicated than a mountain bike, because with most burgers, they wait until you order it to assemble it just in case you didn’t want the onions or something).  This isn’t as flexible as the burger – you get exactly what is in the catalog.  You get that seat, those forks, etc.

Maybe this is a new business model for Specialized?  They don’t make anything until they get enough orders.  To have the estimated arrival date slip by 2 months is absurd.  Its not acceptable.   I’ve been primarily a Specialized guy for a long time.  I think that may need to change.

By the time I get the bike now, there’s a good chance its rainy season in Northern California, which could mean that I won’t face dry dirt until the Spring.  I wanted to try out that 29er on dry dirt first before jumping right into mud.

Note to the reader: despite my apparent brilliance in the way I allude to commodities markets and derivatives trading, I’m no Bernie Madoff when it comes to  the world of finance.   Actually, I might know more than Bernie Madoff (who actually did very little actual financial services work, but was quite the prankster), but I wouldn’t be reading this site for any investment advice.  The only advice I can give definitively is that if I were to give you some financial advice, you should do the opposite.  I’ve got a strong track record to demonstrate this.

  • speedfishd said,

    Just came across your site – and I’m so happy I did. Haven’t laughed this much (while actually reading good content) in a long time.

    I just put down cash on a MTB and the “what’s actually available in the store” factor was a serious part of the decision. I was psyched about the Giant XTC, but waiting 8 weeks was a deal breaker, and I was almost ready to go $700 over my budget because a bike with a nicer spec was there in the store.

    Ended up getting a Stumpjumper Expert 29er Carbon HT 19″ for a great price. I test rode it yesterday and will pick it up on Thursday.

    I have read with interest your thoughts about big guys and carbon. Hopefully I won’t have an issue.

    B.G.R.

  • speedfishd said,

    Just came across your site – and I’m so happy I did. Haven’t laughed this much (while actually reading good content) in a long time.

    I just put down cash on a MTB and the “what’s actually available in the store” factor was a serious part of the decision. I was psyched about the Giant XTC, but waiting 8 weeks was a deal breaker, and I was almost ready to go $700 over my budget because a bike with a nicer spec was there in the store.

    Ended up getting a Stumpjumper Expert 29er Carbon HT 19″ for a great price. I test rode it yesterday and will pick it up on Thursday.

    I have read with interest your thoughts about big guys and carbon. Hopefully I won’t have an issue.

    B.G.R.

Add A Comment

You must be logged in to post a comment.