on a beautiful spring day, when i was preparing for the upcoming fantasy baseball season, something unique occurred to me. what if i could take my fantasy knowledge and make very real cash with it. serious cash, not league payout cash, but make a living type of cash. so i began to investigate. i went to ebay and what i found was awesome. the sports card market directly correlates to the fantasy market, essentially making cards little certificates of stock with pictures. i went to ebay and looked at players i thought were undervalued and compared them to players i thought were overvalued. sure enough, there were bargains to be had, the same as in fantasy. i jumped right in, spending well over $2000 dollars. since then, nearly all of my players have proven profitable. it is very possible to buy “stock” in an undervalued player and sell the “stock” at some point in the future for a very solid profit. ebay is a stock trading market for those with the ability to buy low and sell high, all within the same marketplace. i have been able to turn ebay into a stay at home job, buying low and selling high. that is what this website is about and where the idea came from. on this blog you will find information about the value of players in both fantasy terms and investing terms. once you step through this door, you will see the two values as one, and rightfully so. do you have what it takes to buy low and sell high for cold hard cash? if you have a knack for finding undervalued players in fantasy sports, then the answer to that question is yes. if not, you’ve come to the right place because i’m the warren buffet of the sports card market and ebay is my wall street.
the fantasy and memorabilia markets are identical in terms of player value. a market is an irrational beast. one good game on monday night football and a player’s value/price jumps. sometimes this is a market correction and sometimes it’s an overreaction based on irrational hopes, it depends on the players intrinsic value. in the long run, it’s assumed that the market will settle in on the true value, but along the way the market will make many miscalculations. as an investor, it’s your job to take advantage of the market’s mistakes. operating under the assumption that the market will always find the true value at some point, the best way to profit is to buy below the true value and wait for the market to correct it’s error, then sell. by investing in this manor, you have a built in “margin of safety” (benjamin graham coined this term), that margin is the difference between the price and the true value of the stock. this is known as value investing, it’s what warren buffet does. it’s what i do and it’s what you can do.
