Our Investing Thesis
The hobby is huge. There is a ton of temptation and FOMO. It's easy to become undisciplined and sloppy in pursuit of making money investing in sports cards.
Our sports card investing thesis is three fold.
1. Don't Chase. The way to make money investing in Sports Cards is NOT to chase the hot players or cards, but to have the ability to identify the NEXT hottest player BEFORE their card prices take off.
2. Stay In The Game. Since each player has a countless amount of cards, it's necessary to stay disciplined in identifying and purchasing cards that will have the ability to rise in value. Go Low / Mid Risk as much as possible. Everyone wants the big names. If the price is already high, then the upside is already baked in. Buy the dip on either the card, the player or both. Have reasonable expectations. Not every card will yield a profit, but overall, if you stay in the game, you should make 20% over the long haul.
3. Be Set Up To Sell. The most overlooked part of profiting in sports card investing is actually being set up to sell your cards. This includes acquiring cards that are frequently transacted, so as to instill confidence in your future buyer by being able to show consistent sales comps. We're not saying not to acquire short prints and variations, but if you're looking to make an ROI quickly, these aren't always the best cards.
There are two windows. The long term window and the flippable window. The long term window is when you believe a player has a season or more of relevant potential "moments" ahead. The flippable window is when a player actually never has to perform well on the field or court, but only has to generate enough "hype" to see an increase in card value.
We know that our background of professional sports front office work and player scouting, high stakes fantasy sports expertise, digital content creation and sales will make our Sports Card Investment Report a critical piece in your pursuit of positive ROI on your Sports Card Investments.
The third year man from Michigan has lit it up consistently when given the opportunity in Golden State this year. Stepping in at first for Klay Thompson, and then for Steph Curry, Poole has averaged more than 18 points, three rebounds and three assists.
He's become a focal point of the Warriors team as the third splash bro.
He's only 24, and as a former first round pick, has the draft pedigree to make it huge in the hobby.
He can go for 30 or more on any given night, much like his older teammates, and has huge upside as well as a high floor.
Poole also has become a bit of a hobby darling, and is a perfect example of a guy who came in with very little hype as a rookie, and let his performance dictate his card value - an encouraging sign for the hobby in general.
We think he's a legit long term hold, and entering the Western Conference Finals, is a guy to buy later this summer, when there's less hype and media coverage around the Warriors.
However, if you're more risky, you can buy him now and hope for a Warriors NBA Finals win, which would skyrocket his value and present and amazing sales opp.
He's due a new contract soon, and reports are that Golden State wants to lock him up with a four-year, $80 million deal. This would be super smart, as it would lock him in with a championship contender and solidify his hobby value.
Poole isn't a sleeper anymore, so you'll have to pay up for him, but we think he's a great bet to be an NBA All-Star sooner rather than later.