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 Reward: I've loved Barrett for more than a year now. He fits my profile: a large market player, top three overall pick, big school, and international fan base. Oh, and he's a guard/forward - the perfect position to generate hobby love.
In spite of averaging 14.3 PPG as a rookie, 17.6 PPG in his second season and 20 points this year, along with 5.8 RPG, Barrett hasn't even scratched the surface on his potential in the NBA.
He has the ability and opportunity to be the face of the franchise in New York, which would skyrocket his card value.
The Risk: On the other side, Barrett could be traded in a package deal as New York may not wait for him to develop, or work to actually develop him. A trade would likely hurt his card value, as the perception would be that he had become a draft bust. This is the potential downside of investing in Barrett.
Or, more likely, the Knicks never really make a run in the NBA Playoffs, or even make the NBA Playoffs. For a guy like Barrett's value to spike or even rise consistently, the Knicks have to win big games.