Sports Card Investor from YouTube...

[rippev]

Originally Posted by junkwaxera

A song has been released about him.

https://www.youtube.com/watch?v=ABaZg0OeuDI

I thought it was a joke reference to just some random song that fit the situation. Nope, a song about him!

[oplum29]

Originally Posted by solt0131

That Kobe he just traded for and valued at $30,000 trade or $27,000 cash just ran on PWCC in auction and finished at $25,800, which is down from $28,800 that ran in November.

i'm pretty new into his stuff, i like it, but i don't understand what he's doing.

i kinda feel sorry for him.

idk if he got into the business because he was bored, he genuinely like cards, or he just likes the action.

i saw that video that you are mentioning where he traded and paid in cash for the Kobe card. my problem with it was that he gave the dude something like $26K in trade value, and the dealer valued everything at $21k.

how the hell did that happen?

and then he goes and adds $7500 in cash to complete the deal???

that was a major win for the dealer, and seems like SCI got ripped off big time. same with that Lebron Gold Refactor rookie.

[bigdog2003]

Originally Posted by 1980bust

I haven't watched any videos like this since the one where Sasha attempted to strong-arm some kid into a trade for the camera, but it's good to see that the cringe is just as high as ever. Is Sasha still a thing?

Although, I agree with Geoff about the sunk cost fallacy. Just keep things moving if you see something you want. Although his sunk costs are about a billion times higher than mine

I think Sasha is still around, but he doesn't do videos like he did. He's been in the background of some videos other guys have put out recently.

[HeyRelaxGuy]

Originally Posted by oplum29

i'm pretty new into his stuff, i like it, but i don't understand what he's doing.

i kinda feel sorry for him.

idk if he got into the business because he was bored, he genuinely like cards, or he just likes the action.

i saw that video that you are mentioning where he traded and paid in cash for the Kobe card. my problem with it was that he gave the dude something like $26K in trade value, and the dealer valued everything at $21k.

how the hell did that happen?

and then he goes and adds $7500 in cash to complete the deal???

that was a major win for the dealer, and seems like SCI got ripped off big time. same with that Lebron Gold Refactor rookie.

FACT: you trade with a dealer at a show and you will LOSE big-time! You're better off trading with a COLLECTOR or just selling them on your own.

[oplum29]

Originally Posted by HeyRelaxGuy

FACT: you trade with a dealer at a show and you will LOSE big-time! You're better off trading with a COLLECTOR or just selling them on your own.

Geoff gave up a:

- DWade Finest refractor rookie PSA 10
- DWade TC refractor PSA 10
- Zion Blue Prizm PSA 10
- Steph Curry Flawless autgraph #'d to 10
- Durant TC Refractor PSA 10
- Harden TC Refractor PSA 10
- Mbappe Panini soccer sticker?- PSA 9

he valued his cards at $26,500, trader valued it at $21

how???? Geoff basically threw in card for $5K and then added $7,500 in cash

and he calls himself an "investor"????

WTF

[anusinha]

Originally Posted by oplum29

Geoff gave up a:

- DWade Finest refractor rookie PSA 10
- DWade TC refractor PSA 10
- Zion Blue Prizm PSA 10
- Steph Curry Flawless autgraph #'d to 10
- Durant TC Refractor PSA 10
- Harden TC Refractor PSA 10
- Mbappe Panini soccer sticker?- PSA 9

he valued his cards at $26,500, trader valued it at $21

how???? Geoff basically threw in card for $5K and then added $7,500 in cash

and he calls himself an "investor"????

WTF

Dude is clearing 50k a month from people subbing to his MM service, a couple K here and there to make a video is nothing.

[mindcycle]

Originally Posted by oplum29

i kinda feel sorry for him.

Originally Posted by oplum29

that was a major win for the dealer, and seems like SCI got ripped off big time. same with that Lebron Gold Refactor rookie.

I wouldn't feel bad for him. SCI's card purchases are all about flash. Whatever will garner YT views or likes on IG. Classic narcissist personality.

Guy can drop tens or hundreds of thousands on cards, lose most of it, but still be seen as some sort of sports card guru to the noobs who follow him or subscribe to his chart tool (which is where he actually makes money). He would never show us a run down of his 2020/21 gains/losses since it would be immediately apparent that next to nothing he's purchased has actually increased in value. He would be forced to admit that labeling cards as "investments" was a farce, and no way he's doing that since his persona is 100% wrapped up into that idea.

[oplum29]

Originally Posted by mindcycle

I wouldn't feel bad for him. SCI's card purchases are all about flash. Whatever will garner YT views or likes on IG. Classic narcissist personality.

Guy can drop tens or hundreds of thousands on cards, lose most of it, but still be seen as some sort of sports card guru to the noobs who follow him or subscribe to his chart tool (which is where he actually makes money). He would never show us a run down of his 2020/21 gains/losses since it would be immediately apparent that next to nothing he's purchased has actually increased in value. He would be forced to admit that labeling cards as "investments" was a farce, and no way he's doing that since his persona is 100% wrapped up into that idea.

i hear ya. it just feels like this dude doesn't know much about cards, kinda jumped into the hobby with a lot of money, and is doing deals like crazy for clout. or he's trying to set a new market like Vegas Dave or GaryVee did i guess.

i was watching a GaryVee interview he did a few weeks ago, and there is a lot of anger in the comments calling him out for being an influencer, ruining the hobby, etc.

idk if he did that, but to me, he really pushed for graded 10's on higher end cards, which to me, has killed the raw market. even from 8's to 10's, there is a monster difference.

[duron]

Originally Posted by junkwaxera

A song has been released about him.

https://www.youtube.com/watch?v=ABaZg0OeuDI

Roflllllll

[imbluestreak23]

Originally Posted by junkwaxera

A song has been released about him.

https://www.youtube.com/watch?v=ABaZg0OeuDI

This is fantastic!

[1980bust]

Originally Posted by mindcycle

I wouldn't feel bad for him. SCI's card purchases are all about flash. Whatever will garner YT views or likes on IG. Classic narcissist personality.

Seriously. He's not investing in sports cards in a logical "investment" sense - he's "investing" in sports cards as a highly-talkable vehicle to generate clicks and signups for his subscription businesses.

[oplum29]

Originally Posted by 1980bust

Seriously. He's not investing in sports cards in a logical "investment" sense - he's "investing" in sports cards as a highly-talkable vehicle to generate clicks and signups for his subscription businesses.

i like his videos, they are good. he's exposing a new crop of collectors to the hobby, but i feel he's doing it in a negative light in some ways.

it's not about "investing", it's more about flipping right away. this isn't the property brothers that buy a home for $100K, fix it up, and resell for $350K.

this is buying/trading a card for $5K, which is very unreasonable to a lot of people who don't have that money or those means.

that Jordan for Harden trade was STUPID.

that trade for the Lebron TC gold was STUPID.

and trading all those cards away for that Kobe was STUPID too.

the stuff he gave up is worth much more than he'll ever get in return. the Jordan PSA 10 alone is more valuable than all three of the cards he dealt, regardless of the current value. you don't trade away a Jordan PSA 10 unless you're getting back an iconic card like a 52' Mantle, or a Wagner T-206, or a Lebron Exquisite rookie auto/patch.

i just think it sets high and unrealistic expectations for people that are fairly new to the hobby.

there's a reason why GaryVee has been awfully quiet too about cards lately. even Vegas Dave.

[ninjacookies]

Originally Posted by anusinha

Dude is clearing 50k a month from people subbing to his MM service, a couple K here and there to make a video is nothing.

This guy gets it.


He was already an established multi millionaire before deciding to copulate the kardboard industry with an iron fist...

This foray was strictly about establishing and building a brand and loyal userbase. And despite the fact he took a boatload of L's along the way, the lemmings are still in his corner as fervent as ever...and will continue to plop down money on his calls and services going forward.

If it's one thing social media has taught us, is that outrage attention spans don't last more than 24 hours.

[mindcycle]

Originally Posted by oplum29

i just think it sets high and unrealistic expectations for people that are fairly new to the hobby.

Hit the nail on the head here. And we can’t forget all the kids who watch YouTube and watched his videos during the pandemic, or even now. Totally misleading them into thinking they were “investing” when at best they were participating in a speculative bubble. Not discussing the risks of speculation based spending is completely reckless imo. Especially with the money he himself was throwing around.

At this point with him being down hundreds of thousands on cards you’d think if he truly cared about the collecting community he’d be honest about all his losses. I pointed this out in another thread about him that was deleted, but he actually made a video at the end of 2021 detailing cards he lost money on that year. Conveniently, he left out his biggest loss of the year, which was a Jordan PSA 10 he spent half a million on (in April 2021). However, he was sure to include the other Jordan he bought for 218k gloating about how he bought "at the bottom” of the market, and how it was going back up.

I’m going to post his video below along with the photo him holding the half mil Jordan (I also showed it a few pages back) because I feel it's important to point out. No way he forgot to include that card. It was left out intentionally.



https://youtu.be/51Nqw4l8W9Y

[SupermanBrandon]

Originally Posted by anusinha

Dude is clearing 50k a month from people subbing to his MM service, a couple K here and there to make a video is nothing.

Bingo. Clearing more money off of this than anything else he does. He's collecting users money, info, demographics and loyalty. That information, data collect and user base will get him an even bigger check one day from a much bigger corporation.

[oplum29]

Originally Posted by mindcycle

Hit the nail on the head here. And we can’t forget all the kids who watch YouTube and watched his videos during the pandemic, or even now. Totally misleading them into thinking they were “investing” when at best they were participating in a speculative bubble. Not discussing the risks of speculation based spending is completely reckless imo. Especially with the money he himself was throwing around.

At this point with him being down hundreds of thousands on cards you’d think if he truly cared about the collecting community he’d be honest about all his losses. I pointed this out in another thread about him that was deleted, but he actually made a video at the end of 2021 detailing cards he lost money on that year. Conveniently, he left out his biggest loss of the year, which was a Jordan PSA 10 he spent half a million on (in April 2021). However, he was sure to include the other Jordan he bought for 218k gloating about how he bought "at the bottom” of the market, and how it was going back up.

I’m going to post his video below along with the photo him holding the half mil Jordan (I also posed it a few pages back) because I feel it's important to point out. No way he forgot to include that card. It was left out intentionally.

interesting video. a lot of his videos are good, but they are just very bloated on the numbers and things he throws out.

he's trading and buying away thousand dollar cards like candy, candy that most people can't afford.

[oplum29]

newest video, Geoff gave up $30K in trade and $6500 i believe in cash to get a Tiger Woods SPA rookie autograph PSA 10.

the trade included a Lebron Chrome X-Fractor and Kobe Bryant autographed card he bought earlier in the show.

seemed like a pretty solid deal for both guys. that Tiger is probably the best card you can get of him.

[Yankees2020]

He's a rookie coming to the scene thinking he's a card expert

He uses his wife's big bucks for his hobby, and thinking he'll make it big in something he is fairly clueless in. Smh

[blackbears86]

Originally Posted by SupermanBrandon

Bingo. Clearing more money off of this than anything else he does. He's collecting users money, info, demographics and loyalty. That information, data collect and user base will get him an even bigger check one day from a much bigger corporation.

People don't get it. He's making bank in so many other ways.



He could be on the losing end for the next several "deals" and still clean house. He's raking in the $$$$$. If his subscription service is really making 50k a month, that's 600k a year and that's JUST his subscription service.




I don't follow the guy and I don't like him, but he found his niche and he's killing it.

[solt0131]

Originally Posted by blackbears86

[/B]


People don't get it. He's making bank in so many other ways.



He could be on the losing end for the next several "deals" and still clean house. He's raking in the $$$$$. If his subscription service is really making 50k a month, that's 600k a year and that's JUST his subscription service.




I don't follow the guy and I don't like him, but he found his niche and he's killing it.

This is exactly right. He could care less about taking a loss on a card, in fact it's probably a good thing since he will lower his tax burden on said income.

[mindcycle]

Guy created a whole podcast so he could talk about himself..

I've seen some narcissists in my time but this guy takes the cake.



https://www.youtube.com/watch?v=INCJwapMT8w

[yiguiri2002]

Originally Posted by mindcycle

Guy created a whole podcast so he could talk about himself..

I've seen some narcissists in my time but this guy takes the cake.



https://www.youtube.com/watch?v=INCJwapMT8w

There's one thing I don't get:

He says his critics and haters are his biggest motivation. I get why some people are like that but still, shouldn't his main motivation be improving as a card investor?! Specially after the big losses on cards?!

You are the Sports Card Investor. It's in the freaking name!

[duron]

Originally Posted by yiguiri2002

There's one thing I don't get:

He says his critics and haters are his biggest motivation. I get why some people are like that but still, shouldn't his main motivation be improving as a card investor?! Specially after the big losses on cards?!

You are the Sports Card Investor. It's in the freaking name!

No, because again, his actual performance as an investor doesn’t matter. All that matters is that he’s participating in the market to make content to bring in adsense money from his YouTube videos. He’s even able to advertise his own pricing app on the same platform. It’s a win win. As horrific as his buys have been, it really doesn’t hurt him in the aggregate.

I just like how he’s still so clearly a card noob because being an expert was never his intent, or even just improving his knowledge base. It’s just the driver for his content.

[mindcycle]

Originally Posted by yiguiri2002

There's one thing I don't get:

He says his critics and haters are his biggest motivation. I get why some people are like that but still, shouldn't his main motivation be improving as a card investor?! Specially after the big losses on cards?!

You are the Sports Card Investor. It's in the freaking name!

The "haters" as he calls them, are really just collectors trying to warn others of the grifter hiding among them. He never did know what he was doing, still doesn't, yet he has a large number of followers who still believe he's some knowledgeable card "investor". I bet half the people still defending him lost big money buying the stuff he was pumping in 2020 if they still have any of it. Sad really.

In reality, all he really did was buy expensive flashy cards and brag about them on various social platforms to generate view/likes. Those views and follows in turn drove people to his market movers graph platform along with generating ad revenue from YT. I'm sure he's also figured out other ways to monetize his "celebrity" as well. That's where the real money is made. Overall, dude hasn't made a dime of profit from card buys guaranteed.

Originally Posted by duron

No, because again, his actual performance as an investor doesn’t matter. All that matters is that he’s participating in the market to make content to bring in adsense money from his YouTube videos. He’s even able to advertise his own pricing app on the same platform. It’s a win win. As horrific as his buys have been, it really doesn’t hurt him in the aggregate.

I just like how he’s still so clearly a card noob because being an expert was never his intent, or even just improving his knowledge base. It’s just the driver for his content.

Exactly this.

In the beginning he tried his best to convince people that he followed sports, knew what players might get hot, what cards to buy, etc.. Hell, he may have even fooled himself into believing that narrative. But all that was pretty easy in 2020/21 when you could literately throw trash against the wall and it would stick. Nowadays, it looks like he's slowing putting the speculative buy videos on the back burner and appears to be putting more focus on portraying himself as some sort of industry expert.

[ReggieBush22]

I still don't get all the hate for this guy. Yes, he tries to sell products, makes videos strictly to promote a paid advertiser, etc but by giving him all this hate and attention, you're giving him more power.

I have watched enough of his videos to know that he has been collecting for decades. So that in itself at least tells me he's on our side as a legit collector, not someone who just jumped in a few years ago.