15
Aug

It’s 5.11 EST on the 15th August 2008. Michael Phelps has blown everyone away with his performance at the Beijing Olympics - and is probably going to continue to.

When Mark Spitz was asked about what it would mean if Phelps got 7 Golds at this Olympics he said it would be like being “the second man on the moon.” When asked what it would mean if Phelps achieved 8 Golds he said it would be like being the “first man on mars”. We’re witnessing something pretty amazing here - and guess what? His autograph is reflecting that in financial terms.

A few weeks ago you could have picked up an autheticated autograph (one of the 300 fans of the Game cards he signed) for about $60 (that’s a professionally graded card). Now, if you have a look on ebay we’re talking about $450 - for an ungraded one! And he doesn’t even have the 8th Gold (yet!)

So what does this all mean? Well - the long and short of it is if you choose your subjects well you can do extremely well. Sure - there’s an element of luck involved here. But, think about it - how big a surprise is Phelps’ performance? Could it have been predicted?

If you do your homework you should be able to narrow down the best bets for the future. There will be the obvious ones, but with a bit of time and effort you might get the new ’star’ before everyone else.

So, a good investment? Well - I’ll let you answer that one…

Technorati Tags: , , , , ,

Tags: , , , , ,

This entry was posted on Friday, August 15th, 2008 at 4:29 am and is filed under Trading / Investments, sports autographs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or TrackBack URI from your own site.

Leave a reply

Name (*)
Mail (*)
URI
Comment
Valid &