1/ Why I’m long #nbatopshot and don’t mind eating a 50% MTM loss.

In & #39;13, a mentor recommended that I store a portion of my worth in collectibles like art, wine, watches, comics & cards. Didn’t ask, started anyway.

Listening to successful people is a good habit.

#GotInLateTho

ii) fax/figs. read this
https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/csri-collectibles-2020.pdf

TLDR:">https://www.credit-suisse.com/media/ass...
- Collectibles are conservatively a $1T market
- Ultra-high-net-worth individuals, (NW >50MM) collect things.

Someday, I’d like Virgil Abloh to make me a bejeweled Nautilus. @Drake

Mimic successful people = good habit.

c: Why collectibles? Diversification is more important than ever. Watch 01:31. Currency, asset class and country diversification are key.
https://www.youtube.com/watch?v=A-noFNHcrlM
https://www.youtube.com/watch... href="https://twitter.com/chugsnbugs">@chugsnbugs 04:27 https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤷🏾" title="Mit Schultern zuckende Person (durchschnittlich dunkler Hautton)" aria-label="Emoji: Mit Schultern zuckende Person (durchschnittlich dunkler Hautton)">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤝" title="Handschlag" aria-label="Emoji: Handschlag">. Amen. USD=FKD

Learning abt how successful ppl think is a good habit
@neweconforum
@RayDalio

Four: Why @nbatopshot specifically? @MaxMinster nails it here. https://twitter.com/MaxMinsker/status/1379596871648210946
Only">https://twitter.com/MaxMinske... thing to add is that basketball has huge pop culture relevance.
Scarcity+cultural significance+new tech=https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend">
But we’re talking years, not days.
Patience is a good habit (esp w collectibles)

5) *MAIN POINT*
Why years? See an imperfectly comparable market

Black Lotus
1995: $200
https://mtg.fandom.com/wiki/1995 

& #39;14:">https://mtg.fandom.com/wiki/1995... $27,000
https://www.cnet.com/news/guy-opens-old-magic-the-gathering-deck-stumbles-on-27000-card/

& #39;19:">https://www.cnet.com/news/guy-... $166,000
https://www.cbr.com/magic-the-gathering-black-lotus-half-million/

Jan">https://www.cbr.com/magic-the... & #39;21: $511,100 https://www.polygon.com/2021/1/27/22253079/magic-the-gathering-black-lotus-auction-price-2021

ROI:">https://www.polygon.com/2021/1/27... big
PATIENCE+COLLECTIBLES = GOOD HABIT

6/ Original q: Why I’m long #nbatopshot and don’t mind eating a 50% MTM loss. Basically, I’m truly in this for the long haul, and for these 3 reasons.

First, diversification.

Second, scarcity is key but is established over longer periods of time ( #moarsupply in time will ..

7/ benefit low mints).

Third, we could all just be totally categorically wrong and this goes to 0. Small incremental investments starting today that go sour over 5 years doesn’t hurt so much. Rather shoot my shot...

Personally, I think @nbatopshot #momies go parabolic.

#BTFD