Borrowing to Buy Cards? + Are Collectors Investing Wrong? + The Next Hobby Bubble

The conversation gets deeper as David Novak joins Jeremy Lee and David Chase for a spirited discussion about sports cards as investments, generational attitudes toward risk, and whether collectors should view cardboard as part of a broader financial strategy. David shares his perspective on why some millennials are more willing to take calculated risks with their investment portfolios, sparking an engaging debate on retirement accounts, diversification, risk tolerance, and the role sports cards can play alongside traditional investments. Topics include: • Are sports cards legitimate investments?• Millennials and risk-taking behavior• Using hobby knowledge as an investment advantage• 401(k)s, retirement planning, and alternative assets• Why some collectors prefer blue-chip cards over prospecting• Vintage versus ultra-modern investing• The dangers of chasing hype• Mahomes, Ohtani, Trout, Judge, LeBron, Crosby, and long-term collectability• Bubbles within the hobby market• Why experience and time horizon matter Jeremy, David Novak, and David Chase bring different perspectives to one of the hobby's most debated topics: whether sports cards belong in an investment portfolio and, if so, how. Links & Resources • The Hobby Spectrum: https://thehobbyspectrum.com • Pops & Comps on Amazon • Fanatics Collect Affiliate Link • Share this episode with a fellow collector Sports cards is a lifestyle. Learn more about your ad choices. Visit megaphone.fm/adchoices