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.
Oh boy, here we go again. This isn't great. ESPN.com reported that the 10-time All-Star left a game against Houston on July 12 with what was first called back spasms, then went on the injured list a week later with what was called rib cage inflammation.
On Wednesday, Angels athletic trainer Mike Forstad revealed it to be a rare spinal condition.
"This is a pretty rare condition that he has right now in his back," Frostad said. "The doctor (Robert Watkins III), who is one of the most well-known spine surgeons in the country -- if not the world -- doesn't see a lot of these.
The Los Angeles Angels cannot catch a break. News came out today that star player, and arguably one of the greatest baseball players of all-time, Mike Trout is dealing with a serious and rare spinal condition. Trout himself claims the whole situation was just blown out of proportion, saying his career is not over. Only time will tell for how bad this injury truly is. The 10-time All-Star last played on July 12, where he left the game due to back spasms.
Trout's cards have seen better days, as both his Topps Update RC PSA 10 and SGC 9.5 dropped a significant (and similar) amount in the last 3 months. The PSA 10 is down to $1,988 ($3,000 on 4/27/22), and the SGC 9.5 is down to $851 ($1,300 on 4/27/22). Here's to hoping this isn't that big of a deal, for Trout himself and his baseball card collectors.
The high price point on his cards is not cheap, and the knock on him is his lack of winning. If he never makes it to the playoffs, his card owners will have to hope he retires with Griffey-level hobby love, which he's on pace for.
The fact that he's already a sure-fire first ballot Hall of Famer means there could be more upside than risk, but honestly, this back injury thing is weird. If he's shut down early, he could easily fade into oblivion and get forgotten about.
If he does come back and "deal with it," like he claims he will, well then, the legend could grow huge.