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.
On a recent episode of the Basketball Card Strategy Show, Paul and Gary discuss fliers like Grimes, a 22 year old first round draft pick (#25 overall in 2021). The fact that the Knicks didn't trade for Donovan Mitchell, momentarily helps Grimes' value - because of the way guys like Desmond Bane and Tyrese Maxey, and Jordan Poole have broken out in years 2-3 of their career after being drafted in the late first round.
Grimes averaged 6 PPG, 2 RPG and 1 APG in 17.1 MPG in 46 games last year as a rookie.
The media has reported a ton of positive news this off-season about Grimes, including reports that the Knicks refused to trade Grimes several times this offseason.
A few things. First of all, he's a total flier, and may not earn significant minutes. Secondly, he plays for the Knicks, a pretty bad team. Lastly, basketball card investing is a superstar play. While you may be able to make a few bucks flipping Grimes, the odds he becomes a superstar worthy of a market that spends big money on him are pretty low.