The Loot Council- A Week of Lessons in Finance

The Loot Council is regular column highlighting interesting and informative posts from around the WoW finance blogosphere.

This week provided us with the opportunity to learn a few new tricks from the WoW finance community. The best of these lessons we report to you now.

  • Skrooge has some fantastic guidance on resetting the default buy and sell limits in Auctioneer to enhance your profit.
  • Tobold discussed aspects of time management and how that affects game play. The discussion continues in his comments section. We’d like to add, however, that this is often the same argument we hear from players who buy gold.
  • Having successfully transferred to his new home, Gevlon shared with us an (often overlooked) aspect of making gold. Our resident inscription expert has been using this technique for some time and is upset to hear that the word is out but, as they say, all’s fair in love and war(craft).
  • Speaking of the Greedy Goblin, Markco from Just My Two Copper wisely pointed out that if you are interested in learning about items that hold value for resale effectively, you need look no further then Gevlon’s bags.
  • Game Politics shared with us a story about how politicians in Texas are learning to combat pedophiles more effectively via tracking the predator’s online game personas. If other states learn from this example (assuming there are politicians out there that are open to learning) it could help prevent episodes like the one posted by the good folks over at the WoW Fail Blog. LOL! Those guys are always good for a laugh.
  • The Phase 3: Profit! blog gives us a real-world lesson on the prisoner’s dilemma, one of the most interesting aspects of economic game theory, and the author ties it back to WoW quite nicely.
  • While not financial in nature, our friend Glinda at the Only Ten More Points blog shared some fantastic advice on attaining that elusive 25 tabard achievement.
  • Last but certainly not least, we vastly enjoyed the update on gold farming statistics from the professionals at the Virtual Economy Research Network. The findings are mostly the results of an interview with the director of a forthcoming documentary about gold farming.

Note that the above blogs are not listed in any particular order outside of the way the team brainstormed them. Please let us know if there are any sites that you feel we should feature and we will do so in a future edition of The Loot Council.


Filed under The Loot Council

2 responses to “The Loot Council- A Week of Lessons in Finance

  1. hehe.. good list of stuff there, oh – and thanks for the compliment 🙂


  2. Pingback: Why Pug are so terrible, Cosumption Dilemma | Phase 3: Profit !

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