Quote:
Originally Posted by johncaso
I think if bubble would have burst it would have happened during this pandemic. Surprisingly cards have shot up on price since this virus happened
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There will be mild pullbacks but the growth trajectory continues to go upwards.
I hear the concern about future generations not being interested in sports cards, but it hasn’t happened yet. If anything it has continued to grow.
Also, those kids today who can’t afford Zion rookies or a single pack of donruss will come back to pay massive amounts for cards they couldn’t buy in their childhood from us in the future when they are making seven figures a year, so prices continue to increase with each generation - it will never end and our cards may turn out to be the best investment vehicles in the history of mankind.
Bubble, schmubble I say, we have beaten even the mighty warren buffet. It is impossible to lose 50 billion dollars on sports cards investments, not like the airline industry.
Grading fraud, overproduction, strikes, inflated box prices - nothing has been able to kill the market.
So my main question is again - what theoretically could? Killer hornets? What is going to break this market’s back? What has killed it for other collectibles that makes sports cards immune to acts of god?