Kevin O’Leary explains why they have over $100,000,000 invested in cards
“I’d argue this is no different than building a portfolio of modern art”
“I’ve got three partners. One of them is Shyne, he’s a legend in the hobby. He curates for us and so he decides which card we buy next”
“If you look at the data… 90% of the returns come from a fraction of the cards that are piece uniques. The ones that trade for $5M, $10M, $20M, $30M, even $40M now”
“Because they’re so rare, they’re so coveted, they’re so well known, they’re so liquid, the rest do not get those kind of returns”
“So this card here is a 1997 Jordan… it’s 2 of 9 and we also control another one, it’s a grail piece. It would trade today around $4.7M to $5.2M. Had you bought it on its issue in 1997, you’ve outperformed every market”
“So the strategy I’m using here is to build a portfolio… we’re well over $100M now in cards but only the piece uniques”
“My analyst showed me how this outperformed many other alternative asset classes. I challenged him I said look at my watch collection, let’s compare it against that and he said, sorry boss this thing wiped you out”
“This is such a broad interest, 150 million people are in the hobby in America with sons and daughters and so it’s become part of culture”
“But I prefer the living legends or the legends that have passed. Kobe right now, a signed auto Kobe, Kobe’s gone. He won’t be signing any more cards. Those are very, very valuable”
“Versus let’s say, a Pokémon which never really lived anyways and so for me, I’m steering my say in the syndicate away from the fictitious stuff. I want living or historic legends”
@QRDBL@VitoComedy There were three different arts for "The One Ring" in the original set. And "The Precious" has a different art and yes, it's the same f ring.
[Previous work]#pokemon#pokemonTCG#MitsuhiroArita
Most people don't know, but the designer of the first six energy marks is me.
My idea was to express the energy as a 3D sphere. Because I thought it would pop out from the other design elements.
ME01 Non-Enhanced Booster Box is up!
- Almost $100 off of market price per box
- Shipping is additional
- Limit 4 boxes per order
- Don't ask about the discord / Its full sorry
safari-zone.com/products/pokem…
Before opening your AH bundles, know the odds for a specific SIR: 1/1533.
You have a better chance to:
• Be born with an extra finger or toe
• Catch a foul ball at a baseball game
• Crack a double-yolked egg
• Get 10 heads in a row flipping a coin
• Get audited by the IRS