We are only at the beginning of this market boom....

[rwperu34]

Originally Posted by Boredlawyer

History repeats itself. If you're betting on sports cards for longer than 12 months, you're betting on the MLB not repeating history with another labor stoppage. I wouldn't be concerned, if we didn't have the worst commissioner in MLB history and have player-owner relations at a 30 year low.

Unfortunately, there's no clear way to price this in the market. If MLB has a season long strike, so prices drop 10%? 60%? What are the odds of a strike? Better than 50%?

I've been thinking about this. One thing that gives me a little more confidence is 2020. The perception of a labor stoppage would be different, I know, but maybe we don't get blasted.

I'd put the odds of a stoppage at well over 50%, maybe even over 90%. The question is, how much of the season gets ruined? I'm not countinng on any of my normal spring training income (for the 3rd straight year ), but if it's a short stoppage no harm no foul. Where I worry is if it drags on for multiple months and/or cancels the postseason.

[rwperu34]

Originally Posted by pewe

I was once told that Bill Gates, when asked why he bothered to keep making money, responded: “so I know I am winning”


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This is how I measured success at fantasy sports when I played.

[rwperu34]

Originally Posted by KhalDrogo

Blowout is not the hobby. And that rings more true by the day.

I feel bad for the people who haven't been buying. Nobody is priced out of the hobby, so they must have fallen into the bubble boi trap. Can you name some names here?

I saw the same thing in poker with its main message board. The posters there thought the whole world revolved around then, but 99.9% of poker players had never heard of that message board. I figure the same is true for baseball cards.

Keep in mind, some (most) people don't want to learn, so why would they bother reading when they don't' have to?

[Boredlawyer]

Let's see how this aged.

[Seitas]

Originally Posted by Boredlawyer

Let's see how this aged.

Let me guess. A couple of guys who are always right about everything were completely wrong?

[Triple B]

If you weren’t making money when there was money to be made, you’re doing it all wrong.

[MiamiMarlinsFan]

Originally Posted by Boredlawyer

Let's see how this aged.

Lots of fun takes on page one, and it’s recent enough that there’s only 1 banned member on the first page!

[thenwhatjk]

Originally Posted by hermanotarjeta

.............says those who are currently buying at all time high prices..........

Hermano always keeping it real, page one

[pewe]

Originally Posted by pewe

So sounds like you think we are close to the end??? “It’s different this time”




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I'm just happy to report that this chart proved correct

[80s Kid]

Well, buying in February 2021 and selling now for a profit would not have been a bad idea.

[pewe]

Originally Posted by pewe

Sure... the government could just print money to cover the debt... but the effect is devaluing the dollar by that amount

Nothing is for free


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Inflation... it bites

[mwash1983]

Originally Posted by LCM1223

Just don’t get stuck holding the bag

Going to be a lot of newbies holding the bag, I already see them at shows trying to dump their prizm, optic, and mosaic.

[hermanotarjeta]

Clearly the fanatics business development team only read the title of this thread before deciding to purchase topps.

[KhalDrogo]

Only God knows where we are headed, but if you were in high-end ($5k+) only when this was created, you’ve done pretty well going off Card Ladder. Low- and mid-end have not fared as well. High-end has pushed up pretty much every sport/non-sport specific index.

[ThoseBackPages]

To THE MOON!!!!!!

[KhalDrogo]

Originally Posted by ThoseBackPages

To THE MOON!!!!!!

I believe!

[Biohazarddfl]

Originally Posted by 80s Kid

Well, buying in February 2021 and selling now for a profit would not have been a bad idea.

I was thinking the same. I can't really kill the OP here.

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[MoreToppsPlease]

Originally Posted by pewe

Inflation... it bites

I recall your saying last year that cards would be a safe place to ride out inflation

SuperKhal and the other moon bois kept up their “buy everything shtick” in that and all other threads.

That would be a better thread to dig up.

[Donkaylove]

this is a crash . nuf said. if you cant see it...fu. its not the 90's, but same scenarios playing out.

[Pacmeyer]

Originally Posted by hermanotarjeta

Clearly the fanatics business development team only read the title of this thread before deciding to purchase topps.

Fanatics raised $350 mil for its card business just based on acquiring all those licenses so not that stupid.

[pewe]

Originally Posted by MoreToppsPlease

I recall your saying last year that cards would be a safe place to ride out inflation

SuperKhal and the other moon bois kept up their “buy everything shtick” in that and all other threads.

That would be a better thread to dig up.

Oooo!!! I want to see the “upside down” thread


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[hermanotarjeta]

Originally Posted by Pacmeyer

Fanatics raised $350 mil for its card business just based on acquiring all those licenses so not that stupid.

All their investorz bought at the top.

Let’s see how quickly they burn through their cash with their new “innovative” card pumping programs during a recession and end up in the red.

[Triple B]

Originally Posted by hermanotarjeta

All their investorz bought at the top.

Let’s see how quickly they burn through their cash with their new “innovative” card pumping programs during a recession and end up in the red.

They also bought Topps for pennies on the dollar.

[hermanotarjeta]

Originally Posted by Triple B

They also bought Topps for pennies on the dollar.

Based on who’s valuation?

[pewe]

Originally Posted by Triple B

They also bought Topps for pennies on the dollar.

$500MM EV was pennies on the dollar?