Oscar Piastri
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.
Oscar Piastri
The Reward
After a ton of drama surrounding an announcement by Alpine that Piastri would drive for them in 2023, earning his first F1 seat, Piastri took to Twitter minutes later to shoot down the announcement and say he wouldn't be driving for them in 2023.
Instead, Piastri's first F1 seat will be with McLaren, which likely is a much better situation for him, as he'll have a better car, and drive with Lando Norris, making the young duo arguably the favorite team of all F1 fans under the age of 20.
This could be huge for Piastri's short and long term hobby value, as he is a short term sell in a small window due to the announcement hype cycle, but a long term hold, as well he starts to win races years from now, he could become an F1 Champ.
The Risk
Recently, Red Bull head boss Christian Horner told media that he really wishes he would have signed Piastri to the Red Bull driver training academy when he had the chance a few years back. After the initial news of Piastri taking a McLaren seat in 2023 to make his F1 debut, there was a hype spike in his cards. They have since come back down, presenting another buying opportunity now, as the 2022 season promises to end anti-climactically with Max Verstappen running away with the title.
When hype for 2023 heats up again in January, there will be a solid Piastri selling window. Let's take a look at his top cards to invest in.
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Piastri is the most talented young driver to come up the ranks since Russell, LeClerc and Verstappen. Once he gets a ride in a competitive car he is going to be an immediate contender. I can’t wait to see him in F1. The next decade is going to be a golden age for F1 with the amount of talented young drivers.
Good to hear you say this Patrick! I’ve personally invested quite a bit in Piastri. I’ve put my money where my mouth is with him and I’m excited to see it pay off.
As an avid follower of F1, I’ve not heard the commentators heap more praise on a F2 champion since George Russell and Charles Leclerc. I just picked up Signed Topps Chrome Piastri Refractor RC #347 as a future investment! Thanks for the advice!
Love it! Great work Seth. I’m so excited about Oscar too. Can’t wait until he gets into F1.