Video by Reserved Investments via YouTube
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Since I started this channel, I have often lamented how speculators/collectors and sophisticated investors differ in how they approach the antiques and collectibles trade from an investment standpoint. With the purchase of Topps Trading Card Company by Fanatics for $500 million, this concept is further proven. If you learn one thing from me, know this: Unsophisticated speculators want to OWN the actual collectibles, sophisticated investors want to OWN the means of producing, grading, and selling these artifacts. Don’t let the hype-driven YouTubers tell you otherwise. A ‘Timmy’ following a ‘Timmy’ never made anyone any money…unless it was the HTIC (head Timmy in charge) making the money…before the sophisticated investor snatches it from him… π
Link to the article in question:
https://www.cnn.com/2022/01/04/investing/fanatics-topps-deal/index.html
Email fro Antique and Collectible Consulting Services (how not to be a ‘Timmy’ in the antiques/collectibles trade): ReservedInvestments@gmail.com
Patreon: https://www.patreon.com/reservedinvestments