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Speaker 1: Welcome to the Favorites, the podcast from the Action Network.

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Speaker 1: I am Chad Millman and listen, folks, the betting world

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Speaker 1: is a buzz right now. You think after the NFLCN ends,

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Speaker 1: things would calm down a little bit, but it has not.

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Speaker 1: The universe of speculation and risk and investment is spinning

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Speaker 1: at a Tasmanian devil pace. Not just memorable or you,

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Speaker 1: not just trading cards. A lot of professional betters are

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Speaker 1: at the center of this story. We're gonna talk about

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Speaker 1: it in a little bit. Dan Ravel is gonna come on.

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Speaker 1: He's gonna tell us about a company that has done

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Speaker 1: more than sixty three million dollars in sales in the

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Speaker 1: past thirty days selling digital highlights. It's called top Shot.

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Speaker 1: We're gonna talk a lot about it. It is the

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Speaker 1: only thing that's being discussed in action networks. Like actually,

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Speaker 1: right now, everybody is jumping into the top Shop pool.

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Speaker 1: But first, m b FF, Simon Hunter, he's back. And

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Speaker 1: now now you're just joining us because you love us

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Speaker 1: even though NFL season is over. Since you're English, I'll

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Speaker 1: give you this Hello Simon, Hello, Chad, Yeah, man, it's

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Speaker 1: it might be the off season, buddy, but there's so

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Speaker 1: much moving around QB movement. It's uh, it's as if

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Speaker 1: the season is not there's just so much going on

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Speaker 1: right now. Well, hold on, that English accent you just

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Speaker 1: did was quite good. I got a lot of real

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Speaker 1: British accent. If you need me to talk the whole

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Speaker 1: podcast with a British accent, I could talk the whole show.

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Speaker 1: It just would be weird because it's like it's just

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Speaker 1: not normal for me because mainly America at this point.

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Speaker 1: But I can be British. If you need to be British, Chad,

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Speaker 1: I'll be British. Holy, that's incredible. Yeah, I just don't

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Speaker 1: bust it out. Like if I was at balls with

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Speaker 1: girls and we're talking to do a little bar. I'll

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Speaker 1: talk with this accent and see if it'll work, coup.

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Speaker 1: But sometimes when I drink too much, it slips back

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Speaker 1: to American. So it's only really good for when I'm sober.

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Speaker 1: Oh my god, it sounds like I'm talking to a

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Speaker 1: different person right now. I'm not even it's weird. It's

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Speaker 1: really weird, and uh, I only talk with it when

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Speaker 1: I'm like back kind of it's definitely different. Well, people

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Speaker 1: don't understand that you grew up in England, that you

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Speaker 1: spent a long time there, right, Yeah, it's definitely different

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Speaker 1: being back and forth from America to England. It's definitely

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Speaker 1: switching up to different parts of your brand. I'm sure

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Speaker 1: you're like the Meryl Streep of gambling. The way you

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Speaker 1: can do accents, it's amazing. Well, yeah, if we ever

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Speaker 1: do Premier League soccer, I'll just do that accent the

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Speaker 1: entire time, as long as we talk American football, just

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Speaker 1: do American accent. What region of of England? What kind

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Speaker 1: of British accent was that was that? Was that posh?

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Speaker 1: Was that kind of like northern Like my family is

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Speaker 1: from Burnley, which is like it's like forty five minutes

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Speaker 1: above Manchester. It's not it's it's not a place American

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Speaker 1: tourists ever go. It's kind of like the true England.

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Speaker 1: It's just like an old factory town. Um that's pretty

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Speaker 1: like pretty big city there in the Premier League, so

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Speaker 1: they're pretty big. But yeah, it's not a place Americans

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Speaker 1: whatever visit. Well, listen, we're gonna talk about some NFL

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Speaker 1: stuff today anyways, because a real live, former NFL personnel

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Speaker 1: director is joining us on the show. His name is

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Speaker 1: Jim monus Uh and he spent nearly two decades in

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Speaker 1: the NFL, including several years with the Bills. He was

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Speaker 1: with the Eagles, he was with the Saints. Jim has

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Speaker 1: one dream, one dream, Simon. He wants to become a

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Speaker 1: professional better. He's been making Power rankings. He's been shooting

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Speaker 1: his shot. He's been going to the Simon Hunter School

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Speaker 1: of betting, shooting his shot. He will tell a story

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Speaker 1: about a big win that paid for a big, big

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Speaker 1: day in his life. But Jim, why are you giving

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Speaker 1: up a glamor's career in the NFL. Explain yourself? Who

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Speaker 1: are you? Why are you on this podcast? What's funny is, Simon,

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Speaker 1: I was working for a company in Australia in the

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Speaker 1: XFL doing their statistics. I was the XFL Dad analyst

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Speaker 1: for a company called Champion Data. They do rugby over

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Speaker 1: in Australia, and the XFL hired them to do all

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Speaker 1: their football stats. But they don't really know much about

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Speaker 1: American football. So I'm always fascinating now with these accidents.

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Speaker 1: After working with these guys in Australia, give people a

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Speaker 1: little bit of your background so they can get more

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Speaker 1: details on the NFL personnel journey. So I started as

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Speaker 1: an area scout with the Philadelphia Eagles in the early

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Speaker 1: two thousands and went to the Saints as a Southeast

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Speaker 1: scout and then got a nice promotion to Buffalo as

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Speaker 1: the director of player personnel. So I was in the

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Speaker 1: NFL for seventeen years. After we hired Sean McDermott. When

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Speaker 1: I say we, the owners the Pagoulas, myself and Doug

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Speaker 1: Willy who was the general manager. The four of us

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Speaker 1: did the coaching search, did the interviews, and we hired

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Speaker 1: Sean McDermott, who had worked with in Philadelphia for a

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Speaker 1: couple of years. Always stayed in touch with Shawn, you know,

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Speaker 1: seeing him at the combine over the years, and knew

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Speaker 1: he was ready for you know, for the interview for sure,

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Speaker 1: and he blew everybody away, got the job. But Sean

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Speaker 1: and Doug Willie never quite hit it off. So the

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Speaker 1: rule is obviously gave it power to Sean, and Sean

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Speaker 1: brought in his GM and that kicked us out. So

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Speaker 1: these last four years, I've been trying to get back

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Speaker 1: in the NFL, but realizing that it might not happen.

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Speaker 1: UM really have taken up always loved gambling, did it

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Speaker 1: as a kid high school, but really got back into

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Speaker 1: it now that it was becoming blowing up everywhere, and

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Speaker 1: really got into the analytic side of gambling because I

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Speaker 1: know that my knowledge just picking games doesn't work. I've

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Speaker 1: tried that, you know, back in high school and college.

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Speaker 1: I I can't do it. I tried this analytic approach

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Speaker 1: where I used stats and waited them to come up

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Speaker 1: with my own spreads, and it's been pretty solid. I'm

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Speaker 1: not gonna sit there and say, you know, it's like

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Speaker 1: it hits around the sixty range. It's nothing. You know,

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Speaker 1: it doesn't blow you away, but it's keeps you, keeps

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Speaker 1: you going, keeps it fun for me. And um, I

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Speaker 1: just enjoy every part of gambling. Where did you grow up?

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Speaker 1: In Central Pennsylvania? So right near Harrisburg, Pennsylvania where a

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Speaker 1: penn National was the horse track. Um, you know that

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Speaker 1: I grew up going to and UH when I was

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Speaker 1: eighteen and learned a lot at the horse track and

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Speaker 1: learn how to drink cheap beer and make cheap bets

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Speaker 1: and have some fun. And I always just love you know,

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Speaker 1: I don't know a ton about horses, but I love

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Speaker 1: gambling on it and just like anything else, and it's

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Speaker 1: just it's another another It's just more action. Man, you

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Speaker 1: lived the life like you're in the NFL. What are

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Speaker 1: you trying to bring from that to the gambling world,

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Speaker 1: because a lot of guys I talked to they don't

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Speaker 1: have that background. And I do think it is kind

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Speaker 1: of two different muscles where if you know both, if

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Speaker 1: you're good at gambling and you were in that world,

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Speaker 1: I mean, I can imagine you're only gonna get way

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Speaker 1: better bet in the NFL because you do know what

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Speaker 1: to look for and different things to look for different players.

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Speaker 1: So I'll just wonder how you're gonna incorporate that to

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Speaker 1: everything you're doing now with your numbers, you know, I

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Speaker 1: really have, so I think injuries obviously, the health in

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Speaker 1: the NFL, especially the playoffs, I think you really need

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Speaker 1: to pay attention to the healthy teams. And when you

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Speaker 1: see a team like Tampa who was peaking right at

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Speaker 1: the end of the year, wasn't just them peaking talent wise.

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Speaker 1: If you looked at their roster, I know their safeties

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Speaker 1: were banged up a little bit against Buffalo, but there

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Speaker 1: was a reason they got those guys back they were

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Speaker 1: preparing to get them back for the Super Bowl, and

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Speaker 1: I just think it's and you look at the Chiefs,

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Speaker 1: it goes the other way a little bit. Where they

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Speaker 1: were they were losing some guys, especially on upfront offensive line,

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Speaker 1: which is a major thing that we know that backup

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Speaker 1: offensive lineman there's a big drop off. You can you

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Speaker 1: can survive some other positions, but offensive tackle, that's one

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Speaker 1: you need to pay attention to. And it showed up.

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Speaker 1: So I think I think that part of the knowledge

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Speaker 1: of the game helps. But honestly, you can sit there

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Speaker 1: and know all the x's and knows you want, and

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Speaker 1: all the personnel you want, but when you put that

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Speaker 1: point spread involved, it breaks it. It brings everybody back

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Speaker 1: on the same playing field. I think it makes you

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Speaker 1: can take Bill Belichick or any of us and when

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Speaker 1: it comes to gambling where it humbles you. I really

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Speaker 1: think that, and I think that's why I'm so fascinated

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Speaker 1: with it, because it's not about how much you know.

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Speaker 1: It's really about playing numbers. It really is when you

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Speaker 1: were a personnel director, I want to pull back for

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Speaker 1: one second. Give me your biggest find, what you are

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Speaker 1: most proud of. Give me your Biggest Miss. I can't

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Speaker 1: believe we didn't draft this guy. Well, the Biggest MS

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Speaker 1: is so easy and it haunts me every night, But

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Speaker 1: we could have drafted Patrick Mahomes and the Bagoulas wanted

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Speaker 1: to um. They made it clear to us that Terry Pagoula,

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Speaker 1: the owner, loved Patrick Mahomes, loved him. So when we

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Speaker 1: did our whole all our research and all our studies,

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Speaker 1: our whole scouting staff, are coaching staff, me included, none

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Speaker 1: of us had that conviction on Mahomes that the owner did,

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Speaker 1: and it, you know, it drives all of us crazy now.

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Speaker 1: And we've made that trade with Kansas City, and obviously

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Speaker 1: with that trade we got Trey White and the Bills

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Speaker 1: us that AMMO. The next year we were gone, but

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Speaker 1: they used that AMMO to go up and get Josh Allen,

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Speaker 1: So it wasn't a complete disastrous trade. But when you

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Speaker 1: look at it, you passed on Michael Jordan pretty much,

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Speaker 1: and that just haunts you as a you know, as

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Speaker 1: a competitor, as an evaluator, like, why didn't I see this?

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Speaker 1: You know, you saw the great plays with Mahomes at

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Speaker 1: Texas Tech. You saw all these throws, but you're thinking

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Speaker 1: to yourself, it's the Big twelve. Is this really going

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Speaker 1: to translate? Is he really gonna be able to run

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Speaker 1: around and throw across his body, throw into coverage, all

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Speaker 1: these crazy throws and he's doing it, And you know,

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Speaker 1: it's just a good lesson learned for me and really

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Speaker 1: has helped me. You know, I've become obsessed with studying

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Speaker 1: quarterbacks now. I watch every NFL game on that NFL

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Speaker 1: Game Pass, have my own grading scale for quarterbacks and

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Speaker 1: it's really helped me. Um, try to find out why

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Speaker 1: I didn't really have the conviction on the homes that

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Speaker 1: Terry Bagoula had and best find that's a you know

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Speaker 1: that best fine things a tricky one because I don't

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Speaker 1: like to say, like, as a staff, you make decisions together. Um.

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Speaker 1: I thought we made a nice pick the one year

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Speaker 1: with Ron Darby the defensive back. It we didn't have

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Speaker 1: a first round pick. We took Darby in the second

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Speaker 1: round and he was a really good corner and still

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Speaker 1: playing well for Washington. I thought that was a solid pick.

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Speaker 1: Matt Milano was a linebacker we drafted our last draft,

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Speaker 1: and Dion Dawkins, a tackle from Temple. Um. I thought

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Speaker 1: those were some underrated picks we made in our last draft,

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Speaker 1: and you know those guys are good players for Buffalo.

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Speaker 1: So you know players like that are fun, Simon, And

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Speaker 1: I can tell you right now that Patrick Mahomes making

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Speaker 1: those ridiculous passes, even the ones that were incomplete, we're

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Speaker 1: gut wrenching lee painful because we both had over four

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Speaker 1: and a half sacks in the Super Bowl and how

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Speaker 1: many times did he come close to getting sacked and

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Speaker 1: get out of it? Simon, Like that was disgusting what

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Speaker 1: happened to us in that game for sure, and not dude,

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Speaker 1: I wouldn't beat myself up too much about not getting

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Speaker 1: my homes. Literally, we see teams giving out first round

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Speaker 1: picks for offensive linement, for cornerbacks. Did any team trade

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Speaker 1: up to first round picks or three first round picks

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Speaker 1: to go get this kid in the top two picks? No,

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Speaker 1: we like I think thirty other thirty one other teams

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Speaker 1: were in the same position as you. Is that you

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Speaker 1: really never know because I'm right there with you. I

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Speaker 1: scout quarterbacks. I think that the line, offensive line, these

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Speaker 1: are some of the most important positions in football. And

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Speaker 1: I love watching film on guys, especially coming up to

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Speaker 1: the draft, and I remember watching this kid's tape and thinking, man,

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Speaker 1: he looks all right, but does he have the body?

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Speaker 1: Can this kid take hits? I mean, he looked like

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Speaker 1: you weighed a hundred forty pounds of college and sure enough, Man,

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Speaker 1: he's really changed NFL. So I wouldn't be myself up

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Speaker 1: too much about that, but I think you're dead on

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Speaker 1: man about It's That's what I was asking a question

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Speaker 1: about what you're bringing from NFL because I think a

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Speaker 1: lot of it goes into the numbers. And that's good

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Speaker 1: that you're taking that into account because the spread, it's

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Speaker 1: just a game changer where you're you're literally trying to

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Speaker 1: find a half point of value. I mean, Chad, we

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Speaker 1: can't tell me we lost a million dollars this year

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Speaker 1: because three different games were decided by half a point.

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Speaker 1: So it's one of those where you really, you really

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Speaker 1: do you need to really dive into the numbers, because

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Speaker 1: that's if you're gonna make money in this business. That

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Speaker 1: where you make the money looking at the numbers. And

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Speaker 1: I don't know how you feel, Simon and chat about this,

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Speaker 1: but the NFL, the money line parlays I think are

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Speaker 1: just out there to be had. I mean, I think,

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Speaker 1: I think anybody can beat anybody really in the NFL.

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Speaker 1: And I know obviously there's some gaps, there's some weeks, no,

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Speaker 1: but you can't be afraid to throw down those money

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Speaker 1: line parlays and taking those odds because underdogar I mean,

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Speaker 1: anybody can beat anybody. Well, look number one, let's be clear,

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Speaker 1: Well Jim beats himself up over Patrick Mahomes. There is

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Speaker 1: there is one GM who did trade up to get

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Speaker 1: a quarterback in that draft. He traded up, trade it

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Speaker 1: up to get Mr Bisky, a friend of mine. I

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Speaker 1: worked with Ryan in New Orleans for years. Um, I

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Speaker 1: I feel for him. I know he probably thinks about

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Speaker 1: it just like I do it. And Simon, that was

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Speaker 1: nice to you to say what you said to because

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Speaker 1: you're right. I mean, technically, Miles Garrett was the first

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Speaker 1: pick of that draft and that was a bad pick.

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Speaker 1: I mean, it should have been my Homes number one,

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Speaker 1: and Shaun Watson should have been clear cut number two.

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Speaker 1: So I do agree with you that the whole NFL

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Speaker 1: mis evaluated those quarterbacks. But I can't imagine. I know Ryan,

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Speaker 1: I know they're sweating bullets in Chicago. I don't. If

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Speaker 1: they didn't sneak in this year, I don't think they

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Speaker 1: were going to survive. Um, but somehow they're they're getting

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Speaker 1: another chance, and you know, I'd like another chance to sometime.

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Speaker 1: But in the meantime, let's have some fun. How hard

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Speaker 1: is it to get back in? You know, it's tricky

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Speaker 1: when you put you know, you have seventeen years in,

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Speaker 1: so you know, do you want to be an area

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Speaker 1: scout again? Well, if your teams want to pay you

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Speaker 1: the salary that you you know kind of are at

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Speaker 1: seventeen years in? Or do you want to get a

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Speaker 1: young kid out of college because you know a little

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Speaker 1: cheaper and you know how that goes, and so that

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Speaker 1: is tricky to get back in. And so who you know,

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Speaker 1: business just like anything else. Um, so you evaluate, you

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Speaker 1: can you some of the stuff that you know for betting,

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Speaker 1: but like you said, the numbers sort of changes and

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Speaker 1: it levels the playing field for everybody. So how much

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Speaker 1: can you sort of when you're doing your system, how

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Speaker 1: much do you have to pull back on the bias

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Speaker 1: you may have from what you know about players in

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Speaker 1: the field and what you know about evaluating players. It's

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Speaker 1: so hard, It's so hard to trust the whatever you

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Speaker 1: come up with, whatever your system is when you're gambling,

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Speaker 1: and I think you would agree. It's some days when

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Speaker 1: it cranks out a certain team, it's just like, oh, like,

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Speaker 1: are you sure I really have to take this team?

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Speaker 1: I don't like this guy. But you know, I think

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Speaker 1: that goes back to the plane percentages and if if

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Speaker 1: you just stick with it. It was hard for me

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Speaker 1: to do, especially like college basketball. Sometimes you know, you're

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Speaker 1: just blind. You know, you're just going in blind. It's

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Speaker 1: not like I watch all these teams. But you know,

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Speaker 1: it's been helpful for me, and it's really been good

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Speaker 1: in basketball as well as football. While explaining the basket ball,

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Speaker 1: like what are you doing there? How are you basketball?

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Speaker 1: So what I do is just ranked, you know. I

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Speaker 1: came out and talked to some of my friends who

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Speaker 1: are Division one college coaches and just kind of talk

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Speaker 1: to them about what stats they find important that correlate

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Speaker 1: to the good teams. And and then I looked at

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Speaker 1: it and started paying attention to their rankings. And when

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Speaker 1: I just started messing with it, it was it was

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Speaker 1: a way for me to come up with my own spread.

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Speaker 1: And it's almost you know, it's pretty accurate. Like today,

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Speaker 1: I didn't really have any to jump out. There's really

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Speaker 1: no strong college basketball plays for me today. You know,

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Speaker 1: yesterday was Hampton. Well they laid negg. They're getting you know,

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Speaker 1: start off saying I grabbed it early in the morning

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Speaker 1: at five. It went down the four. So I'm saying, wow,

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Speaker 1: everybody's on Hampton. That always scares me. And sure sure enough,

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Speaker 1: they laid egg in the first half. Lost, lost by

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Speaker 1: eighteen in the first half, one by eight in the

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Speaker 1: second half. But you know, but like I said, those

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Speaker 1: are the you know, those are the days. That's what

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Speaker 1: you have to suck it up with. And I'm taking Hampton,

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Speaker 1: you know, on a Monday evening and I'm just sitting

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Speaker 1: there against Longwood. Couldn't tell you one player on either team,

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Speaker 1: although Hampton and the best player I looked it up,

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Speaker 1: your best players from Buffalo. Yeah, you sound like you're

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Speaker 1: you sound like you're indeed man bad. So when I

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Speaker 1: was in high school, I mean, we used to play

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Speaker 1: blackjack and gamble with baseball cards. Playing blackjack, I mean,

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Speaker 1: this is something we kind of just grew up with

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Speaker 1: in Central Pennsylvania. Is just hardcore sport gamblers and it's

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Speaker 1: just what we love. We still all talk about it.

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Speaker 1: My friend takes BET's back in Central p a still

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Speaker 1: old school bookie. So I'm you know, guy went to

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Speaker 1: high school with so I'm proud of him for sticking

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Speaker 1: with it all these years and just I don't know,

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Speaker 1: it's just one of those things you grew up with.

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Speaker 1: So yeah, I would say if you're if you're trying

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Speaker 1: to get into this life, the gambling is happy, but

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Speaker 1: money management is literally the most important part. So that's

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Speaker 1: that's one of those where if you're just getting back

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Speaker 1: and do it, it'll it'll take a little bit because

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Speaker 1: there's just highs and lows, and that's with any kind

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Speaker 1: of job. But eventually, if you do a long term,

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Speaker 1: you're just numb to him. Man. Like I mean, me

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Speaker 1: and Chad, I couldn't pick a game right in the playoff, man,

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Speaker 1: but like I nailed the Super Bowl dead on. And

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Speaker 1: that's one of those where it's like I had to

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Speaker 1: keep trusting my system, keep trusting myself because if the

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Speaker 1: man you try to switch it up, that's when it

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Speaker 1: catches up. So it's definitely a grind. Well, look that's

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Speaker 1: what happened to us all year, and this this actually

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Speaker 1: could be there might be some parallels to scouting and

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Speaker 1: player personnel in that you have certain beliefs and you've

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Speaker 1: got to abide by those beliefs. And if things don't

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Speaker 1: work out, if you missed the Patrick Mahomes, if you

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Speaker 1: miss somebody else along the way, do you all of

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Speaker 1: a sudden throw the baby out with the bathwater because

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Speaker 1: you made a bad decision. All years Simon and I

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Speaker 1: were making bad decisions because we weren't trusting our eyes

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Speaker 1: and we weren't trusting we weren't we were following our eyes,

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Speaker 1: not trusting our numbers and looking at what was happening

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Speaker 1: on the field, especially earlier in the year, and it

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Speaker 1: was sort of playing playing tricks in our head. When

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Speaker 1: you're a personnel guy, how do you how do you

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Speaker 1: manage that? You want to talk about over evaluated and

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Speaker 1: getting in your own head that the quarter that Deshaun

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Speaker 1: Watson and Homes is a perfect example where we're all

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Speaker 1: sitting there saying, well, how many Clemson quarterbacks in Texas

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Speaker 1: Tech quarterbacks have there been that all fail in the

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Speaker 1: NFL because they're playing in that you know, a good

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Speaker 1: college system and they're putting up numbers but doesn't necessarily

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Speaker 1: translate to the NFL. So that gets in your head

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Speaker 1: and you're sitting there watching those guys and your jaw

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Speaker 1: dropping when you watch some of their plays and how like, wow,

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Speaker 1: that's incredible. But then you're almost not giving them credit

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Speaker 1: for it because you're saying, well, I mean that's college play,

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Speaker 1: that's you know, you can't get it. You can't get

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Speaker 1: away with that in the NFL. So to your point, yes,

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Speaker 1: it gets into your head. And I've had to block

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Speaker 1: out for me, gambling, I've blocked out my instincts as

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Speaker 1: an evaluators. As far as two teams are playing, I've

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Speaker 1: seen both teams I feel good about. But if the

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Speaker 1: numbers say the other way, for me, I have to

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Speaker 1: trust the numbers. And that was hard. That's hard to do,

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Speaker 1: and it was really I'm I tell you when I'm

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Speaker 1: telling you, what I almost lost my mind was the

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Speaker 1: Saints Vikings playoff game when I had the Saints money

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Speaker 1: line and Diggs makes that that I still live this day.

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Speaker 1: I was living down Folly Beach, South Carolina. I was

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Speaker 1: eating piece of pizza, celebrating because I was I couldn't

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Speaker 1: believe I drilled it. I was like I drilled the

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Speaker 1: Saints money line and when that play happened, I'll just

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Speaker 1: never forget it. I was just like, drop everything to

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Speaker 1: your points on and since that, I don't think there's

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Speaker 1: anything nothing phases me anymore. I just laugh and laugh,

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Speaker 1: turn off the TV and go to bed. Hey, do

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Speaker 1: you worry that talking about gambling on a podcast will

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Speaker 1: limit your options to go back into the NFL? And

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Speaker 1: B would you rather be gambling? I would rather be gambling.

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Speaker 1: But I'm not worried about this because if I am

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Speaker 1: fortunate enough to get another opportunity, Hey, I don't you know,

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Speaker 1: obviously I want to collect the paycheck. I have a

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Speaker 1: family to feat. You know, I'll take the I'll give

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Speaker 1: up gambling to keep the you know, to keep the

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Speaker 1: steady paycheck coming for the family. But no, this is

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Speaker 1: where I want to be. I could be on here

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Speaker 1: every day with you guys. I I what you guys do. Really,

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Speaker 1: you guys have changed the game, and it's really helped

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Speaker 1: me when I you know, I subscribe the Action Network

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Speaker 1: two years ago and really was huge for me. It

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Speaker 1: really I could see that you guys were all talking

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Speaker 1: numbers and I love that. I was like Finally, some

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Speaker 1: people are just stat heavy, like no, everybody can give

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Speaker 1: an opinion. No, I like that team, but I like

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Speaker 1: when you back it up with facts. See see that, Simon,

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Speaker 1: we are changing the game. You are. And that's what

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Speaker 1: like people that trying to come at me on Twitter

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Speaker 1: about everything, I'm just like, listen, They're sight is just

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Speaker 1: trying to help you. They're not out here telling you

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Speaker 1: you have to take this side. They're literally giving you

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Speaker 1: the numbers and the data and you have to form

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Speaker 1: your own opinion from that. So that's how I try

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Speaker 1: to harp to people because the more you do it

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Speaker 1: and the more you study lines, you can see patterns.

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Speaker 1: And that's how you get really good at this because

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Speaker 1: you can just no, it's not just trusting your good

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Speaker 1: because you're looking at the numbers, but you just get

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Speaker 1: a feeling where you go, wow, this is this is

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Speaker 1: one of those spots where you should load up on.

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Speaker 1: So that's the key to watching these numbers because you

427
00:21:10,720 --> 00:21:12,520
Speaker 1: need to know when to take these big hits. You

428
00:21:12,560 --> 00:21:15,200
Speaker 1: need to know when to load up on good bets. Alright,

429
00:21:15,200 --> 00:21:18,760
Speaker 1: So Jim, give us an example the opposite of of

430
00:21:18,840 --> 00:21:21,040
Speaker 1: when it hasn't worked out. The opposite of the Saints

431
00:21:21,040 --> 00:21:24,679
Speaker 1: money line. When did you load up and how did

432
00:21:24,720 --> 00:21:29,800
Speaker 1: it work out for you? Weill Chicago at two thousand eighteen,

433
00:21:29,960 --> 00:21:35,679
Speaker 1: I believe. Uh so, I just couldn't get enough of

434
00:21:35,680 --> 00:21:38,679
Speaker 1: that team, and they actually they hit my number. They

435
00:21:38,720 --> 00:21:41,800
Speaker 1: hit the formula for me early in the tournament, so

436
00:21:41,840 --> 00:21:43,679
Speaker 1: I put bet on them, and then I just started

437
00:21:43,760 --> 00:21:46,040
Speaker 1: riding them. I said, I don't care, I'm just riding

438
00:21:46,040 --> 00:21:48,119
Speaker 1: this team. I just fell in love with him. So

439
00:21:48,200 --> 00:21:50,400
Speaker 1: there's the luck part of it. I mean, they didn't

440
00:21:50,440 --> 00:21:53,280
Speaker 1: necessarily every they weren't always a formula play for me,

441
00:21:53,440 --> 00:21:55,320
Speaker 1: but I still just kept saying, I don't care, this

442
00:21:55,359 --> 00:21:57,960
Speaker 1: team has something gone. I'm just gonna keep riding them.

443
00:21:58,240 --> 00:22:01,480
Speaker 1: And the good, actually incredible thing is I actually backed

444
00:22:01,520 --> 00:22:04,360
Speaker 1: off of them once they made it to that last game.

445
00:22:04,400 --> 00:22:06,280
Speaker 1: I was like, you know what this, I can't do

446
00:22:06,320 --> 00:22:08,560
Speaker 1: it anymore and didn't go as big. I wanted to

447
00:22:08,560 --> 00:22:10,800
Speaker 1: make sure and end up paying for my wedding. Ended

448
00:22:10,880 --> 00:22:15,359
Speaker 1: up I got some cornhole boards Loyal Chicago Basketball custom

449
00:22:15,359 --> 00:22:18,199
Speaker 1: made cornhole boards for our wedding, and everybody was like,

450
00:22:18,240 --> 00:22:21,120
Speaker 1: what what's this? Loyal Chicago like they paid for this,

451
00:22:21,520 --> 00:22:25,280
Speaker 1: So it's funny you mentioned that Loyal Chicago year. I

452
00:22:25,320 --> 00:22:28,360
Speaker 1: remember that was the first year Action had March Madness.

453
00:22:28,560 --> 00:22:30,760
Speaker 1: A bunch of us went out to Vegas and we

454
00:22:30,760 --> 00:22:33,120
Speaker 1: were doing a whole bunch of things from there, and

455
00:22:33,240 --> 00:22:35,359
Speaker 1: I was at the West Gate. I had registered on

456
00:22:35,440 --> 00:22:38,520
Speaker 1: my phone to use the app, and I kept putting

457
00:22:38,560 --> 00:22:42,399
Speaker 1: in a bed of a pretty hefty size for Loyal

458
00:22:42,600 --> 00:22:45,120
Speaker 1: Chicago because I really liked them like that, like you said,

459
00:22:45,160 --> 00:22:48,320
Speaker 1: like our numbers, all of our experts were showing low Chicago's,

460
00:22:48,480 --> 00:22:51,560
Speaker 1: at least in the first game against Miami, a great size.

461
00:22:51,880 --> 00:22:56,600
Speaker 1: So I'm loading up on Loyola. But the app keeps

462
00:22:56,640 --> 00:23:00,280
Speaker 1: timing out before it accepts my bet, and so I

463
00:23:00,359 --> 00:23:03,199
Speaker 1: keep reloading it. At some point there's an announcement over

464
00:23:03,200 --> 00:23:06,439
Speaker 1: the loudspeaker that says, if you've been making bets and

465
00:23:06,480 --> 00:23:09,720
Speaker 1: the app is timing out, don't worry. The bets have

466
00:23:09,840 --> 00:23:15,119
Speaker 1: been made. We're having a technical glitch. So now I'm three.

467
00:23:16,080 --> 00:23:18,320
Speaker 1: Probably with the size I was betting, I was probably

468
00:23:18,359 --> 00:23:21,720
Speaker 1: six units in on Loyola, and I could have gone

469
00:23:21,720 --> 00:23:23,960
Speaker 1: to the window at that point been like, look, you

470
00:23:24,000 --> 00:23:26,240
Speaker 1: guys had this glitch. I need to get some money out.

471
00:23:26,280 --> 00:23:28,240
Speaker 1: I only want to bet at once I decided to

472
00:23:28,320 --> 00:23:30,479
Speaker 1: let it ride. I think they were one point two

473
00:23:30,560 --> 00:23:33,199
Speaker 1: point dogs in that opening game against Miami and they

474
00:23:33,280 --> 00:23:36,760
Speaker 1: ended up waring the game in the last second, and so,

475
00:23:36,880 --> 00:23:40,480
Speaker 1: like I made my whole bank roll for the weekend

476
00:23:40,800 --> 00:23:42,679
Speaker 1: on that one game. I don't think I went to

477
00:23:42,720 --> 00:23:46,080
Speaker 1: a cash machine for like six months, because like I

478
00:23:46,200 --> 00:23:48,359
Speaker 1: cashed down from the app because I wasn't going back

479
00:23:48,840 --> 00:23:51,639
Speaker 1: to Vegas for a while. So it kind of worked

480
00:23:51,640 --> 00:23:57,520
Speaker 1: out perfectly. Uh so we can all appreciate, uh, Chicago,

481
00:23:57,920 --> 00:24:00,159
Speaker 1: that's like playing blackjack when you start getting you know,

482
00:24:00,200 --> 00:24:01,960
Speaker 1: you get with those hands, or you just keep splitting

483
00:24:02,000 --> 00:24:04,480
Speaker 1: and splitting and splitting, and all of a sudden you're like, oh,

484
00:24:05,200 --> 00:24:09,040
Speaker 1: here it goes. We got five hands. Sometimes it just works.

485
00:24:09,119 --> 00:24:16,040
Speaker 1: Jim Momus, aspiring professional better former personnel man for the

486
00:24:16,080 --> 00:24:21,360
Speaker 1: Buffalo Bills, the New Orleans Saints, Philadelphia Eagles. We're going

487
00:24:21,480 --> 00:24:23,000
Speaker 1: for you, man. I want you to come back on

488
00:24:23,560 --> 00:24:25,960
Speaker 1: as as certainly as college basketball goes on, keep us

489
00:24:25,960 --> 00:24:28,000
Speaker 1: posted on how things are going. I want this to

490
00:24:28,000 --> 00:24:30,359
Speaker 1: work out for you. Good luck man. Yeah, definitely, it

491
00:24:30,400 --> 00:24:32,600
Speaker 1: sounds like you're really into it. I really appreciate you

492
00:24:32,600 --> 00:24:35,280
Speaker 1: guys taking his time and give me this opportunities. Really

493
00:24:35,359 --> 00:24:38,399
Speaker 1: was fun. Thanks guys, good luck all right. Next up

494
00:24:38,480 --> 00:24:41,359
Speaker 1: on the podcast, Simon is still with us, Darrin Ravel.

495
00:24:42,119 --> 00:24:44,920
Speaker 1: Darrel Ravel was coming back because there is something happening.

496
00:24:45,520 --> 00:24:48,919
Speaker 1: We've talked a lot about memorabile youa uh on action

497
00:24:48,920 --> 00:24:51,520
Speaker 1: network platforms, and Darren does a show called Buyer's Market

498
00:24:52,000 --> 00:24:54,919
Speaker 1: UM that is brought to you by eBay, and it

499
00:24:55,000 --> 00:24:58,720
Speaker 1: covers the memorabilia space UH and sort of the rapid

500
00:24:58,880 --> 00:25:04,960
Speaker 1: rise in what is happening in that market Jerseys, shoes, cards,

501
00:25:05,080 --> 00:25:10,320
Speaker 1: et cetera. Over the last say ninety days. There is

502
00:25:10,359 --> 00:25:15,360
Speaker 1: a platform called NBA top Shop and on it, fans

503
00:25:15,520 --> 00:25:23,959
Speaker 1: are buying, trading, and selling these encrypted digital highlights. Okay,

504
00:25:24,000 --> 00:25:27,960
Speaker 1: so if you aren't aware they like you don't understand

505
00:25:28,000 --> 00:25:32,560
Speaker 1: why people are buying highlights they can see for free

506
00:25:32,600 --> 00:25:35,879
Speaker 1: on YouTube. You're going to explain this, but I'm telling

507
00:25:35,880 --> 00:25:40,280
Speaker 1: you right now, like this is the conversation in sort

508
00:25:40,320 --> 00:25:46,800
Speaker 1: of the risk, the speculation, the the betting investing space

509
00:25:47,440 --> 00:25:50,600
Speaker 1: that we all trade in here. And I use that

510
00:25:51,000 --> 00:25:55,280
Speaker 1: term very specifically. Dan Revel has been writing about it.

511
00:25:55,800 --> 00:25:58,600
Speaker 1: He spoke to the CEO last night. That interview is

512
00:25:58,600 --> 00:26:00,520
Speaker 1: gonna air later in the weekend. Actually work, I'm gonna

513
00:26:00,560 --> 00:26:05,000
Speaker 1: do a clip of it um today Darren, alright, your brother.

514
00:26:05,400 --> 00:26:09,359
Speaker 1: This is all part of one thing, which is the

515
00:26:09,440 --> 00:26:14,760
Speaker 1: crypto conversation. People not wanting to invest in mutual funds

516
00:26:14,800 --> 00:26:18,040
Speaker 1: like their parents have at five percent a year, wanting

517
00:26:18,080 --> 00:26:22,919
Speaker 1: to invest passionately about something they care about, plus the

518
00:26:23,000 --> 00:26:26,040
Speaker 1: gambling element. That was not just my quote. That was

519
00:26:26,119 --> 00:26:29,479
Speaker 1: quote from Ross Hoffman, who just became president of Golden

520
00:26:29,520 --> 00:26:33,199
Speaker 1: Auctions with the Churning Group parent company. Are one of

521
00:26:33,200 --> 00:26:36,199
Speaker 1: the investors of the Action Network investing in Golden Auctions

522
00:26:36,200 --> 00:26:39,040
Speaker 1: and putting fourty million dollars in. This is the same

523
00:26:39,080 --> 00:26:42,520
Speaker 1: thing with NBA Top Shot. In my twenty years are reporting,

524
00:26:42,960 --> 00:26:47,200
Speaker 1: I have never gotten as many questions about one thing

525
00:26:47,880 --> 00:26:50,440
Speaker 1: in such a short period of time that I have

526
00:26:50,560 --> 00:26:53,639
Speaker 1: gotten over NBA Top Shot. In fact, I got three

527
00:26:53,680 --> 00:26:57,880
Speaker 1: calls today. What is this? Explain it to me? Why

528
00:26:57,920 --> 00:27:00,440
Speaker 1: do I have to get into it? So basically what

529
00:27:00,480 --> 00:27:03,960
Speaker 1: it is is on the primary market, just like trading cards,

530
00:27:03,960 --> 00:27:07,439
Speaker 1: you're buying a pack. So yesterday you were trying to

531
00:27:07,480 --> 00:27:10,440
Speaker 1: get one of fifty thousand packs that had a couple

532
00:27:10,440 --> 00:27:14,000
Speaker 1: of highlights in it that costs fourteen dollars a piece,

533
00:27:14,040 --> 00:27:17,920
Speaker 1: so they raised about five grand. And once you get that,

534
00:27:18,080 --> 00:27:21,240
Speaker 1: you open the pack and it be automatically becomes part

535
00:27:21,320 --> 00:27:25,040
Speaker 1: of your digital wallet. It's encrypted on the blockchain, so

536
00:27:25,119 --> 00:27:29,440
Speaker 1: it is then yours. When people say is this crypto, well,

537
00:27:29,800 --> 00:27:33,640
Speaker 1: it's a non fungible token, and a non fungible token

538
00:27:33,720 --> 00:27:37,919
Speaker 1: means that it's for the security. That's why the blockchain

539
00:27:38,040 --> 00:27:41,119
Speaker 1: is working. You don't have to pay in crypto. Someone

540
00:27:41,160 --> 00:27:44,760
Speaker 1: like chat Millman doesn't ever have to see crypto. All

541
00:27:44,840 --> 00:27:47,000
Speaker 1: it is is you can pay with credit card, you

542
00:27:47,040 --> 00:27:50,680
Speaker 1: can get money in cash. But the blockchain is what

543
00:27:50,920 --> 00:27:54,080
Speaker 1: is the part of it which is the security that

544
00:27:54,160 --> 00:27:58,480
Speaker 1: once I get this highlight, this is my highlight. It's encrypted.

545
00:27:58,520 --> 00:28:01,240
Speaker 1: It's one out of forty nine, four out of forty nine,

546
00:28:01,359 --> 00:28:03,920
Speaker 1: and that's how it works. This is what I don't get.

547
00:28:04,000 --> 00:28:05,800
Speaker 1: You didn't tell us. Why is it worth anything? Where

548
00:28:05,880 --> 00:28:07,880
Speaker 1: I can just go to YouTube to see this highlight.

549
00:28:08,040 --> 00:28:10,600
Speaker 1: You can get any picture on any trading card for

550
00:28:10,640 --> 00:28:12,679
Speaker 1: free to I can print it out on my printer.

551
00:28:13,200 --> 00:28:15,439
Speaker 1: I get that argument, But my whole argument is what

552
00:28:15,640 --> 00:28:18,399
Speaker 1: is what is the next NBA top shop? Are there

553
00:28:18,480 --> 00:28:21,159
Speaker 1: are their digital videos? Gonna be worth the same or

554
00:28:21,280 --> 00:28:23,359
Speaker 1: is there going to be a different market, Because right now,

555
00:28:23,359 --> 00:28:25,320
Speaker 1: I get it, they're the only ones doing this. There's

556
00:28:25,359 --> 00:28:27,200
Speaker 1: gonna be three more of these things are gonna pop

557
00:28:27,280 --> 00:28:28,480
Speaker 1: up in the next year or two. So that's what

558
00:28:28,480 --> 00:28:30,760
Speaker 1: I'm trying understand. These people are paying like fifty thousand

559
00:28:30,800 --> 00:28:33,800
Speaker 1: for these highlights right now, which is pretty crazy in itself.

560
00:28:34,040 --> 00:28:36,359
Speaker 1: And the market dictates what something worth. Whatever someone's going

561
00:28:36,400 --> 00:28:38,240
Speaker 1: to pay for something, that's what it's worth. I get

562
00:28:38,240 --> 00:28:40,400
Speaker 1: that whole point. I just don't get the longevity of it.

563
00:28:40,440 --> 00:28:42,560
Speaker 1: I don't get these people are paying fifty k. You're

564
00:28:42,560 --> 00:28:43,920
Speaker 1: telling me this guy is gonna be able to sell

565
00:28:43,960 --> 00:28:45,760
Speaker 1: this for a hundred k next year, Like what is

566
00:28:45,760 --> 00:28:48,840
Speaker 1: the longevity up these sales they're buying. So this has

567
00:28:48,880 --> 00:28:52,080
Speaker 1: been helped by what has happened in trading cards. People

568
00:28:52,120 --> 00:28:56,600
Speaker 1: have bought cards right and they have had them stored

569
00:28:56,640 --> 00:29:00,400
Speaker 1: away somewhere else p WCC this company says, Okay, you

570
00:29:00,440 --> 00:29:02,320
Speaker 1: have the card, you're gonna store it in our vault.

571
00:29:02,800 --> 00:29:04,720
Speaker 1: You won't have to pay the taxes because it's in

572
00:29:04,800 --> 00:29:06,480
Speaker 1: one of the five states that you don't have to

573
00:29:06,520 --> 00:29:09,600
Speaker 1: pay taxes with, and so you own it digitally even

574
00:29:09,600 --> 00:29:11,920
Speaker 1: though it's a physical card, so that has kind of

575
00:29:11,960 --> 00:29:15,000
Speaker 1: helped this along. You do not own any of the

576
00:29:15,080 --> 00:29:17,680
Speaker 1: rights to the actual highlight. Just to make that very clear.

577
00:29:18,280 --> 00:29:21,320
Speaker 1: They explain their relationship with that. This is a top shot,

578
00:29:21,400 --> 00:29:23,760
Speaker 1: which is Dapper Labs as the company. They came up

579
00:29:23,800 --> 00:29:26,920
Speaker 1: with their own blockchain called Flow. They have an exclusive

580
00:29:26,960 --> 00:29:30,360
Speaker 1: relationship with the NBA. The NBA can end that relationship

581
00:29:30,400 --> 00:29:35,080
Speaker 1: at any time, I believe, but whatever has been distributed

582
00:29:35,120 --> 00:29:38,440
Speaker 1: out is on the blockchain. In other words, no one

583
00:29:38,520 --> 00:29:41,600
Speaker 1: can take at least what they've explained, No one can

584
00:29:41,640 --> 00:29:44,240
Speaker 1: take away what you bought, even if they have a

585
00:29:44,280 --> 00:29:46,800
Speaker 1: relationship with another company that comes up with one of

586
00:29:46,880 --> 00:29:49,720
Speaker 1: these non fungible tokens and f t s like me

587
00:29:49,760 --> 00:29:51,360
Speaker 1: and you, Darren, right when we got this phone called

588
00:29:51,440 --> 00:29:53,800
Speaker 1: let's me and you make a digital market. We take

589
00:29:53,880 --> 00:29:56,840
Speaker 1: vintage NBA moments from the seventies, the sixties and the

590
00:29:56,840 --> 00:29:59,080
Speaker 1: eighties and we make our own little company right now

591
00:29:59,160 --> 00:30:01,480
Speaker 1: starts selling because but we can't because we don't have

592
00:30:01,520 --> 00:30:04,320
Speaker 1: the rights. And that's what I mean though, was as

593
00:30:04,320 --> 00:30:06,400
Speaker 1: soon as the NBA says, okay, let's let it be

594
00:30:06,480 --> 00:30:08,400
Speaker 1: a free market and let everyone do this and we'll

595
00:30:08,480 --> 00:30:10,760
Speaker 1: let them pay us for these rights to these different things.

596
00:30:11,240 --> 00:30:13,160
Speaker 1: When is that going to happen? That's just gonna take

597
00:30:13,200 --> 00:30:15,120
Speaker 1: down this something? Because that's what I'm what is the

598
00:30:15,160 --> 00:30:18,800
Speaker 1: whole argument, simon with a nascent market, like when something's

599
00:30:18,840 --> 00:30:22,000
Speaker 1: coming out, how will it develop? Right? We're not really sure.

600
00:30:22,040 --> 00:30:23,920
Speaker 1: But what I do know right now is just like

601
00:30:23,960 --> 00:30:27,680
Speaker 1: trading cards to the NBA licenses it, the NBA decides

602
00:30:27,720 --> 00:30:30,280
Speaker 1: to cut their own highlight and then they gave it

603
00:30:30,320 --> 00:30:32,720
Speaker 1: to Top Shot. Now, Top Shot has only been able

604
00:30:32,760 --> 00:30:36,520
Speaker 1: to do season one season, with the exception of one

605
00:30:36,560 --> 00:30:40,160
Speaker 1: they did a flashbackpack which two thirteen. In fact, I

606
00:30:40,240 --> 00:30:43,680
Speaker 1: asked Rohan geges Lou, who's the CEO of Dapper Labs,

607
00:30:43,720 --> 00:30:47,280
Speaker 1: the parent company of NBA Top Shot, about that exact thing.

608
00:30:49,200 --> 00:30:52,760
Speaker 1: Are you looking for great past highlights? Can that be

609
00:30:52,880 --> 00:30:55,960
Speaker 1: introduced as part of this deal? It can, absolutely, It's

610
00:30:55,960 --> 00:30:57,920
Speaker 1: definitely part of the deal. But the idea is it

611
00:30:57,920 --> 00:30:59,840
Speaker 1: would be super easy for us to take the most

612
00:31:00,040 --> 00:31:02,320
Speaker 1: conic moments in history and and sort of turn them

613
00:31:02,320 --> 00:31:04,840
Speaker 1: into collectibles itself. We wanted to first start with what

614
00:31:04,880 --> 00:31:07,680
Speaker 1: about everyday games? What about what's happening right now? Can

615
00:31:07,960 --> 00:31:11,000
Speaker 1: can we extract the most iconic moments there, because that's

616
00:31:11,040 --> 00:31:13,440
Speaker 1: actually a much richer field and it's it sort of

617
00:31:13,480 --> 00:31:15,280
Speaker 1: happens all the time. But we don't want to do

618
00:31:15,560 --> 00:31:17,840
Speaker 1: the things we know will appeal to a billion NBA

619
00:31:17,920 --> 00:31:20,520
Speaker 1: fans until we can handle a billion NBA fans. That

620
00:31:20,680 --> 00:31:22,840
Speaker 1: that's really the mindset is that we do want to

621
00:31:22,880 --> 00:31:25,440
Speaker 1: have some awesome content for beata users, but the kinds

622
00:31:25,440 --> 00:31:28,160
Speaker 1: of things you're you're sort of talking about a minimum

623
00:31:28,160 --> 00:31:32,680
Speaker 1: six months away, probably longer. Part of me says, some

624
00:31:32,800 --> 00:31:37,080
Speaker 1: of these highlights aren't that good. Like what are we buying? Right?

625
00:31:37,120 --> 00:31:38,720
Speaker 1: Like if you were to tell me I got one

626
00:31:38,760 --> 00:31:41,840
Speaker 1: of forty nine of the Jordan dunk from the All

627
00:31:41,880 --> 00:31:44,800
Speaker 1: Star Game, don't contest, I'd be like, okay, but you're

628
00:31:44,840 --> 00:31:48,400
Speaker 1: paying five thousand dollars for a layup by LaMelo Ball

629
00:31:48,520 --> 00:31:51,320
Speaker 1: in his debut, Like, so that's for me. That's an

630
00:31:51,400 --> 00:31:54,000
Speaker 1: interesting one. Right. Last night last night I went on

631
00:31:54,480 --> 00:31:57,240
Speaker 1: I'm looking for stuff to buy. What I'm seeing are

632
00:31:57,720 --> 00:32:02,880
Speaker 1: here is and Eric Pasco jumper. Here is a Deer

633
00:32:03,080 --> 00:32:06,720
Speaker 1: and Fox lay up, And I'm like, and then people

634
00:32:06,760 --> 00:32:09,560
Speaker 1: are trying to sell them for two dollars to nine

635
00:32:09,920 --> 00:32:14,000
Speaker 1: and seventy dollars. There doesn't seem to be any logic

636
00:32:14,120 --> 00:32:17,360
Speaker 1: or value in the market. Like we come at a time.

637
00:32:17,760 --> 00:32:20,560
Speaker 1: We come at a time where people just took a

638
00:32:20,600 --> 00:32:24,280
Speaker 1: blank vessel of a company like Game Stop. They said,

639
00:32:24,560 --> 00:32:29,240
Speaker 1: let's take the dingiest company that has popcorn stains on

640
00:32:29,320 --> 00:32:33,680
Speaker 1: its carpet from and let's let's take all these dingy

641
00:32:33,800 --> 00:32:38,400
Speaker 1: companies and let's fill up this vessel and pretend like

642
00:32:38,520 --> 00:32:41,320
Speaker 1: it's a legit company. So when you're telling me it

643
00:32:41,320 --> 00:32:46,040
Speaker 1: doesn't make sense, just realize the stock market for a

644
00:32:46,080 --> 00:32:50,120
Speaker 1: couple of days was taken over on something that completely

645
00:32:50,200 --> 00:32:54,080
Speaker 1: made no sense. So it's against the background of all this.

646
00:32:54,560 --> 00:32:57,680
Speaker 1: And I'm not saying I'm a top Shot proponent. I'm

647
00:32:57,720 --> 00:33:00,840
Speaker 1: just saying people are going along with this. It's happened

648
00:33:00,840 --> 00:33:03,160
Speaker 1: at a time when the card companies, you know, when

649
00:33:03,200 --> 00:33:05,959
Speaker 1: all the on eBay last night a garbage pale kid.

650
00:33:06,040 --> 00:33:08,800
Speaker 1: So for thirty thou dollars, there's a lot of people

651
00:33:08,800 --> 00:33:10,960
Speaker 1: who think a whole lot of stuff doesn't make sense.

652
00:33:11,080 --> 00:33:14,840
Speaker 1: Right now, what's amazing is last night, literally, as I'm

653
00:33:14,880 --> 00:33:19,000
Speaker 1: scrolling through top Shot and slacking with you and slacking

654
00:33:19,000 --> 00:33:23,360
Speaker 1: with Justin Fan about this, who who know quite a bit.

655
00:33:24,240 --> 00:33:27,120
Speaker 1: My older son came home. He had gone to the

656
00:33:27,160 --> 00:33:29,600
Speaker 1: mall because he wanted to get a new controller from

657
00:33:29,600 --> 00:33:31,800
Speaker 1: one of his video games. The game stop in the

658
00:33:31,840 --> 00:33:36,960
Speaker 1: mall no longer existed. It was gone, and it's it's like,

659
00:33:37,280 --> 00:33:39,120
Speaker 1: this is the world we're living in, and that that's

660
00:33:39,160 --> 00:33:43,120
Speaker 1: what I think is so interesting about the memorabilia and

661
00:33:43,240 --> 00:33:45,480
Speaker 1: the top shot and what you said in the beginning.

662
00:33:45,880 --> 00:33:48,760
Speaker 1: I don't think it's about people not wanting to invest

663
00:33:48,800 --> 00:33:51,880
Speaker 1: in their parents mutual funds. I think it's about a

664
00:33:52,040 --> 00:33:56,400
Speaker 1: fundamental lack of belief in the value of investing in

665
00:33:56,400 --> 00:34:01,240
Speaker 1: the stock market by a very specific generation of people

666
00:34:01,360 --> 00:34:04,120
Speaker 1: who are now, like Simon, getting more and more comfortable

667
00:34:04,160 --> 00:34:07,880
Speaker 1: with risk and wanting to own that risk and have

668
00:34:08,000 --> 00:34:10,200
Speaker 1: more control over that risk. I think. I think it's

669
00:34:10,200 --> 00:34:12,279
Speaker 1: a great point. I think, in a in a lot

670
00:34:12,320 --> 00:34:15,240
Speaker 1: of sense, we are now. We are now a nation

671
00:34:15,239 --> 00:34:20,760
Speaker 1: of gamblers. If you think about crypto, crypto is seven

672
00:34:22,080 --> 00:34:25,560
Speaker 1: we when we gamble, a game ends, there's a win

673
00:34:25,840 --> 00:34:29,839
Speaker 1: or a loss, and it's finite, and we walk away.

674
00:34:30,480 --> 00:34:33,000
Speaker 1: People ask me, why don't you invest in crypto, and

675
00:34:33,040 --> 00:34:35,960
Speaker 1: I say, well, my life is surrounded by gambling anyway,

676
00:34:35,960 --> 00:34:39,200
Speaker 1: I'm gonna wake up in the morning any day and say, wow,

677
00:34:39,239 --> 00:34:42,760
Speaker 1: I was closing my eyes. I lost four thousand, ten thousand,

678
00:34:42,920 --> 00:34:46,880
Speaker 1: ran thousand dollars. Like, but we are between the stock market,

679
00:34:47,280 --> 00:34:53,320
Speaker 1: between crypto, between real gambling. We are we are heightened

680
00:34:53,360 --> 00:34:56,000
Speaker 1: every day and part of that is due to COVID.

681
00:34:56,480 --> 00:35:00,839
Speaker 1: We need our head. It is groundhog Day every day.

682
00:35:01,040 --> 00:35:04,359
Speaker 1: We need our human psyche to get more excited. And

683
00:35:04,440 --> 00:35:07,600
Speaker 1: we need to create that excitement because we're not traveling,

684
00:35:07,840 --> 00:35:11,760
Speaker 1: We're not doing anything that previously got our dopamine going.

685
00:35:12,160 --> 00:35:15,600
Speaker 1: And that's why we're we We are creating for us

686
00:35:15,640 --> 00:35:18,800
Speaker 1: to be on edge and it and it's incredible. And

687
00:35:18,800 --> 00:35:21,799
Speaker 1: and yes, Simon, guess what. I'm trying to figure out

688
00:35:21,880 --> 00:35:25,000
Speaker 1: what real markets are too. I bought this Dwayne Johnson

689
00:35:25,120 --> 00:35:29,600
Speaker 1: rock Bumblebee card for seven dollars and I have a

690
00:35:29,680 --> 00:35:32,440
Speaker 1: chance to sell up for twenty five dollars, and I'm like,

691
00:35:33,239 --> 00:35:35,839
Speaker 1: should I hold on or should I take It's It's

692
00:35:36,280 --> 00:35:39,240
Speaker 1: it's like live betting every day in the memorabilia space.

693
00:35:40,080 --> 00:35:42,000
Speaker 1: And that's what I was gonna say. This is definitely

694
00:35:42,000 --> 00:35:45,920
Speaker 1: the golden age of this, Like we've never experienced anything

695
00:35:45,960 --> 00:35:49,560
Speaker 1: like this. Where everyone just has time and the wealthier

696
00:35:49,560 --> 00:35:51,800
Speaker 1: of just kind of wealthier. So a lot of people

697
00:35:52,000 --> 00:35:53,560
Speaker 1: do have extra money right now, and they're willing to

698
00:35:53,560 --> 00:35:55,600
Speaker 1: spend because they're not taking vacations, they're not going out

699
00:35:55,600 --> 00:35:58,120
Speaker 1: to dinner every night, they're hanging around at home, and

700
00:35:58,160 --> 00:36:00,799
Speaker 1: they want to experience things like they didn't childhood, which

701
00:36:00,840 --> 00:36:04,120
Speaker 1: is collecting cards. And that's when I asked you about

702
00:36:04,160 --> 00:36:07,200
Speaker 1: this whole logo pole thing man, because as some of that,

703
00:36:07,239 --> 00:36:09,319
Speaker 1: I'm really into Pokemon cards, like when I was a kid,

704
00:36:09,360 --> 00:36:12,480
Speaker 1: that was our thing and their ninth nineties early two thousand's.

705
00:36:13,040 --> 00:36:17,399
Speaker 1: And he bought a box and it's a first edition box,

706
00:36:17,440 --> 00:36:19,400
Speaker 1: which is very rare. So he end up paying three

707
00:36:19,480 --> 00:36:23,759
Speaker 1: hundred fifty thousand for this box. He's now sold each

708
00:36:23,800 --> 00:36:26,239
Speaker 1: packet individually to people to be on his YouTube page.

709
00:36:26,239 --> 00:36:30,439
Speaker 1: He's gonna have a live break on February. These people

710
00:36:30,440 --> 00:36:32,880
Speaker 1: have paid him one point four million dollars to be

711
00:36:32,920 --> 00:36:35,279
Speaker 1: a part of the Golden through Golden Auctions. They bought

712
00:36:35,320 --> 00:36:39,040
Speaker 1: Golden Auctions. So is this one of these things where

713
00:36:39,040 --> 00:36:42,640
Speaker 1: like I just sold not even a graded hollow Graham

714
00:36:43,320 --> 00:36:46,440
Speaker 1: blast Joys first edition. I start up for three thousand dollars.

715
00:36:46,520 --> 00:36:48,120
Speaker 1: It has whitening on the back of it. The guy

716
00:36:48,160 --> 00:36:50,120
Speaker 1: didn't care. He paid me three thousand on the event

717
00:36:50,239 --> 00:36:52,319
Speaker 1: just for this card. We're just last year these were

718
00:36:52,320 --> 00:36:55,359
Speaker 1: going for two on eBay. Is this the same thing

719
00:36:55,400 --> 00:36:57,080
Speaker 1: in Pokemon where it's a boom right now in this

720
00:36:57,080 --> 00:37:00,160
Speaker 1: whole industry? Let me let me give you some thing

721
00:37:00,200 --> 00:37:03,120
Speaker 1: that I did that that was I was thinking about

722
00:37:03,160 --> 00:37:07,520
Speaker 1: the value of uh, the cards that are beat up, right,

723
00:37:07,520 --> 00:37:11,200
Speaker 1: because you just told me the guy didn't care, I bought.

724
00:37:11,680 --> 00:37:14,960
Speaker 1: I bought twenty five of the best cards over the

725
00:37:15,040 --> 00:37:18,000
Speaker 1: last fifty years. In a p s A one. Okay,

726
00:37:18,280 --> 00:37:22,479
Speaker 1: the Michael Jordan has a pinhole in it. For God's sakes,

727
00:37:22,040 --> 00:37:26,360
Speaker 1: it's it's as Chad would say, it's gross, Okay, I

728
00:37:26,520 --> 00:37:29,280
Speaker 1: paid six I I'm like, I can't believe I'm paying

729
00:37:29,400 --> 00:37:33,640
Speaker 1: six fifty dollars for a Michael Jordan's with a pinhole

730
00:37:33,760 --> 00:37:36,400
Speaker 1: and like maybe a water stain on it. I have

731
00:37:36,640 --> 00:37:40,719
Speaker 1: no idea where this has been. On Thursday, a p

732
00:37:40,960 --> 00:37:43,400
Speaker 1: S A one record is gonna be set for the Jordan's.

733
00:37:43,600 --> 00:37:45,959
Speaker 1: I think it's gonna be about five thousand, which means

734
00:37:46,000 --> 00:37:49,280
Speaker 1: the cheapest Jordan you can get eighty six, Jordan Rookie

735
00:37:49,560 --> 00:37:53,839
Speaker 1: is gonna be five thousand dollars. So it's happening everywhere.

736
00:37:54,200 --> 00:37:59,360
Speaker 1: Pokemon just hits it in a different place because but Pokemon. Remember,

737
00:37:59,440 --> 00:38:03,279
Speaker 1: the people excited about Pokemon are twenty five to thirty five.

738
00:38:03,560 --> 00:38:06,520
Speaker 1: The people who get excited for Jordan's are thirty five

739
00:38:06,600 --> 00:38:09,480
Speaker 1: to fifty, and those people have more money. So it's

740
00:38:10,239 --> 00:38:13,480
Speaker 1: kind of happening at a greater scale. But we are,

741
00:38:13,600 --> 00:38:17,560
Speaker 1: We're just coming into money and this time. I can't

742
00:38:17,640 --> 00:38:19,959
Speaker 1: even when I first said the chat, I'm going to cover,

743
00:38:20,360 --> 00:38:22,360
Speaker 1: you know, memorabilia for us because I love it. I

744
00:38:22,400 --> 00:38:26,080
Speaker 1: have a collection. I had no idea that I'd have

745
00:38:26,200 --> 00:38:30,000
Speaker 1: to have two hundred hearts on eBay so I could

746
00:38:30,080 --> 00:38:32,720
Speaker 1: follow all this and that since most of these auctions

747
00:38:32,719 --> 00:38:35,920
Speaker 1: are ending in eleven fifty nine, I'd be up. I

748
00:38:35,960 --> 00:38:39,600
Speaker 1: have like a Monday night football game every night just

749
00:38:39,840 --> 00:38:43,080
Speaker 1: following this on. I can't. I can't go to sleep

750
00:38:43,239 --> 00:38:45,600
Speaker 1: because I need to report at midnight, which is when

751
00:38:45,600 --> 00:38:47,960
Speaker 1: a lot of these clothes What the hell is going on?

752
00:38:48,120 --> 00:38:50,960
Speaker 1: That's where all the energy is. So I couldn't even

753
00:38:51,000 --> 00:38:54,120
Speaker 1: imagine this market in a million years, but it's so

754
00:38:54,200 --> 00:38:56,760
Speaker 1: exciting I think it has such a parallel to gambling.

755
00:38:57,320 --> 00:39:00,840
Speaker 1: It's almost like being alive better. And I do think

756
00:39:00,960 --> 00:39:04,480
Speaker 1: that you can you said, the richer getting richer, you

757
00:39:04,520 --> 00:39:07,800
Speaker 1: can make calls, and when you don't have money, like

758
00:39:07,800 --> 00:39:10,760
Speaker 1: like a better you can make calls. If you bought

759
00:39:11,320 --> 00:39:15,040
Speaker 1: raw Serena Williams two thousand three net pro cards, you know,

760
00:39:15,160 --> 00:39:18,160
Speaker 1: once over fourteen thousand, you can get it graded, turn

761
00:39:18,200 --> 00:39:22,880
Speaker 1: it around and make money. So I think there's opportunity here. Uh.

762
00:39:22,920 --> 00:39:26,359
Speaker 1: And it's it's definitely an exciting time. Yeah. And that's

763
00:39:26,480 --> 00:39:27,839
Speaker 1: like what you said with the Pokemon. That's what I'm

764
00:39:27,840 --> 00:39:30,920
Speaker 1: interested in it because statistically, my generation right now is

765
00:39:31,200 --> 00:39:33,799
Speaker 1: much wealthier at this age, like the high like the

766
00:39:33,800 --> 00:39:36,520
Speaker 1: one percent of my generation than the Baby boomers, So

767
00:39:36,560 --> 00:39:38,480
Speaker 1: there is a lot of money, especially with this whole

768
00:39:38,520 --> 00:39:40,640
Speaker 1: crypto boom going on. A lot of kids in my age.

769
00:39:40,960 --> 00:39:44,520
Speaker 1: I bought bitcoin when I was eighteen, nineteen twenty three,

770
00:39:44,640 --> 00:39:46,680
Speaker 1: like a bunch of different times, I kept buying bitcoin

771
00:39:46,719 --> 00:39:50,040
Speaker 1: in different cryptocurrencies. So that's what I'm just interested in

772
00:39:50,200 --> 00:39:52,240
Speaker 1: right now, is that I just think people are selling

773
00:39:52,239 --> 00:39:53,959
Speaker 1: these cards right now where I think it's just gonna

774
00:39:54,040 --> 00:39:56,200
Speaker 1: keep booming. It just seems like one of these markets

775
00:39:56,239 --> 00:39:58,520
Speaker 1: that it kind of seems like it's snowball in here

776
00:39:58,520 --> 00:40:00,880
Speaker 1: where people keep saying it's gonna all off. You just

777
00:40:00,920 --> 00:40:03,080
Speaker 1: said that that random car you post the other night

778
00:40:03,120 --> 00:40:05,560
Speaker 1: of Michael Jordan's just in a photo, I mean just

779
00:40:05,600 --> 00:40:07,759
Speaker 1: in a card of a guy dunking the ball that

780
00:40:07,880 --> 00:40:09,480
Speaker 1: sold for like a thousand bucks. You said it was

781
00:40:09,480 --> 00:40:11,040
Speaker 1: like a hundred bucks just a couple of weeks ago,

782
00:40:11,080 --> 00:40:14,600
Speaker 1: whatever it was. It's just crazy right now. Not betting

783
00:40:14,680 --> 00:40:18,600
Speaker 1: was going to be normalized by legalization, Betting is normalized

784
00:40:18,640 --> 00:40:22,359
Speaker 1: by the world now. Everything is betting. So when I

785
00:40:22,440 --> 00:40:24,520
Speaker 1: was going through the top shot stuff, because I've been

786
00:40:24,520 --> 00:40:26,920
Speaker 1: thinking about you know, and Darren, you and I have

787
00:40:26,920 --> 00:40:31,440
Speaker 1: talked a lot about this memorabilia that interests me, and

788
00:40:31,480 --> 00:40:35,239
Speaker 1: I would go through golden auctions and like navigate through

789
00:40:35,440 --> 00:40:38,520
Speaker 1: and see if there's something I like, and it's impossible

790
00:40:38,560 --> 00:40:40,640
Speaker 1: for you to win by the way a golden auction. Yeah,

791
00:40:40,640 --> 00:40:44,160
Speaker 1: And also like there was nothing that was speaking to me.

792
00:40:44,200 --> 00:40:45,640
Speaker 1: And I was talking to this about my wife and

793
00:40:45,680 --> 00:40:48,399
Speaker 1: she's like, if you're going to invest in something, make

794
00:40:48,400 --> 00:40:51,439
Speaker 1: it something you like. I don't don't try to win

795
00:40:51,560 --> 00:40:54,680
Speaker 1: the market on this and she's right. And then so

796
00:40:54,760 --> 00:40:57,080
Speaker 1: last night I was going through the top shot stuff

797
00:40:57,520 --> 00:41:03,040
Speaker 1: and I actually found myself liking the experience of the

798
00:41:03,080 --> 00:41:07,480
Speaker 1: digital highlight more than the experience of the card. I'm

799
00:41:07,560 --> 00:41:10,120
Speaker 1: shocked that you say that, I know, but you know,

800
00:41:10,160 --> 00:41:13,640
Speaker 1: I'm a very forward thinking guy. I liked knowing that

801
00:41:13,800 --> 00:41:16,600
Speaker 1: highlight was mine, and I liked almost being able to

802
00:41:16,640 --> 00:41:19,160
Speaker 1: watch it on a loop or whither. Packaging it is

803
00:41:19,200 --> 00:41:21,200
Speaker 1: interesting the way they're grading it, the way it's a

804
00:41:21,200 --> 00:41:24,759
Speaker 1: limited edition, like that's fascinating to me. Where I kind

805
00:41:24,760 --> 00:41:26,760
Speaker 1: of lose it is because I just told you about

806
00:41:26,800 --> 00:41:29,160
Speaker 1: the actual highlight and whether it's good or not. Where

807
00:41:29,200 --> 00:41:31,080
Speaker 1: I lose it is when someone says to me, well,

808
00:41:31,080 --> 00:41:32,640
Speaker 1: it doesn't matter if the highlight is good. It's just

809
00:41:32,680 --> 00:41:36,120
Speaker 1: an encrypted number. I'm just playing numbers games. It's like Simon,

810
00:41:36,160 --> 00:41:38,480
Speaker 1: as someone said to you, like, you don't need to

811
00:41:38,600 --> 00:41:41,120
Speaker 1: enjoy the sport, Like what you're doing is you're just

812
00:41:41,160 --> 00:41:43,719
Speaker 1: playing math. That's all you're doing. Like, and this is

813
00:41:43,719 --> 00:41:46,240
Speaker 1: what they're telling me that it's it's kind of just math.

814
00:41:46,480 --> 00:41:49,040
Speaker 1: There's only so many lebrons. This is one out of

815
00:41:49,080 --> 00:41:51,560
Speaker 1: forty nine or one out of two, and it doesn't

816
00:41:51,560 --> 00:41:54,880
Speaker 1: matter if Lebron's blocking or dunking the ball. It's just

817
00:41:55,719 --> 00:41:58,080
Speaker 1: this is a cosmic and this is one out of

818
00:41:58,120 --> 00:42:00,400
Speaker 1: forty nine, and this is one out of two anit

819
00:42:00,760 --> 00:42:03,920
Speaker 1: and that to me, that that's as a collector, it's

820
00:42:03,920 --> 00:42:05,960
Speaker 1: a little bit harder not to look at the beauty

821
00:42:06,000 --> 00:42:08,640
Speaker 1: of something, right. And that's why I like, I might

822
00:42:08,680 --> 00:42:11,480
Speaker 1: sound old here, but I love having the cards, Like

823
00:42:11,880 --> 00:42:13,640
Speaker 1: I literally have a lock box where I keep my

824
00:42:13,680 --> 00:42:16,080
Speaker 1: baseball cards. I have some old NBA cards, and I

825
00:42:16,080 --> 00:42:18,040
Speaker 1: have my Pokemon cards, like I have a charge or

826
00:42:18,160 --> 00:42:19,960
Speaker 1: first edition. Some of them were selling right now for

827
00:42:19,960 --> 00:42:23,160
Speaker 1: a two undred fifty dollars. Now mine's not graded because

828
00:42:23,200 --> 00:42:24,759
Speaker 1: I'm too scared to send in the mail to P

829
00:42:24,960 --> 00:42:26,719
Speaker 1: s A. But it's one of those where I don't

830
00:42:26,760 --> 00:42:28,440
Speaker 1: know what the market is. But I love that I

831
00:42:28,480 --> 00:42:30,759
Speaker 1: can go there and I open up this lockbox and

832
00:42:30,760 --> 00:42:32,000
Speaker 1: I take out this card and I look at it.

833
00:42:32,000 --> 00:42:33,440
Speaker 1: Where I know these people they love to go on

834
00:42:33,480 --> 00:42:35,040
Speaker 1: their phones and they can just look at their highlights

835
00:42:35,040 --> 00:42:37,200
Speaker 1: all the time. But it's just different. I don't know.

836
00:42:37,320 --> 00:42:39,800
Speaker 1: I just think I'm in on it. Like I bought

837
00:42:39,880 --> 00:42:41,600
Speaker 1: top Shots because I don't want to miss the wave.

838
00:42:41,640 --> 00:42:43,279
Speaker 1: It's the same with crypto. I didn't understand what the

839
00:42:43,280 --> 00:42:45,279
Speaker 1: hell I was doing. I bought bitcoin. I was just

840
00:42:45,280 --> 00:42:47,719
Speaker 1: trying to ride the way because people were just like, hey, man,

841
00:42:47,719 --> 00:42:49,640
Speaker 1: it's a two d dollar investment right now in a bitcoin,

842
00:42:49,719 --> 00:42:51,279
Speaker 1: why not just by it? So I said, why the

843
00:42:51,280 --> 00:42:53,560
Speaker 1: hell not? You're right, And that's one of those things

844
00:42:53,600 --> 00:42:56,160
Speaker 1: where that's why this top Shot you don't know if

845
00:42:56,160 --> 00:42:57,959
Speaker 1: it's viable yet. I don't know a lot of people

846
00:42:58,040 --> 00:43:00,359
Speaker 1: talking about don't know. But it's one of those where

847
00:43:00,400 --> 00:43:02,400
Speaker 1: if you're getting in on these fourteen dollar packs and

848
00:43:02,400 --> 00:43:04,600
Speaker 1: you can sell one card for a thousand, six hundred,

849
00:43:05,160 --> 00:43:06,839
Speaker 1: why not if you've got nothing to do at night,

850
00:43:07,000 --> 00:43:08,879
Speaker 1: hop on top Shot and buy these cards. That's why,

851
00:43:08,920 --> 00:43:11,200
Speaker 1: like people are getting upset of these people because they're

852
00:43:11,200 --> 00:43:13,200
Speaker 1: talking about it so much. I think they're just excited

853
00:43:13,239 --> 00:43:16,439
Speaker 1: and it's exciting new things. So the coach out about

854
00:43:16,480 --> 00:43:19,759
Speaker 1: the excitement. Sixty three million dollars has been traded on

855
00:43:19,800 --> 00:43:23,359
Speaker 1: the marketplace in the last thirty days, which is which

856
00:43:23,400 --> 00:43:25,680
Speaker 1: is amazing. Now they have a lot of kinks. Our

857
00:43:25,760 --> 00:43:27,960
Speaker 1: story on the Action Network and our interview will talk

858
00:43:27,960 --> 00:43:31,359
Speaker 1: about those, including uh, you know that the that the

859
00:43:31,400 --> 00:43:34,279
Speaker 1: CEO owns five million dollars worth of top shots and

860
00:43:34,640 --> 00:43:37,440
Speaker 1: whether that's a conflict or not um and how he

861
00:43:37,840 --> 00:43:40,640
Speaker 1: plans to maybe you know, get out of it, and

862
00:43:40,640 --> 00:43:43,840
Speaker 1: whether there's pressure there they have problems moving money because

863
00:43:43,880 --> 00:43:46,120
Speaker 1: the head of product was also the head of fraud.

864
00:43:46,400 --> 00:43:49,279
Speaker 1: I mean this is a small company. This is a

865
00:43:49,320 --> 00:43:52,200
Speaker 1: small company. Okay, uh. And then I would just will

866
00:43:52,280 --> 00:43:55,279
Speaker 1: go back to you saying like, if you think that

867
00:43:55,760 --> 00:43:58,800
Speaker 1: the reaction people have to decide whether in the digital

868
00:43:58,840 --> 00:44:01,880
Speaker 1: world there react action to all the digital is to

869
00:44:01,920 --> 00:44:05,120
Speaker 1: go more digital or to go physical. For me is

870
00:44:05,120 --> 00:44:07,680
Speaker 1: to go physical. If i have a Martin Luther King

871
00:44:07,719 --> 00:44:10,120
Speaker 1: autograph and it's Martin Luther King Day and I'm on

872
00:44:10,120 --> 00:44:12,719
Speaker 1: the zoom with my daughter and I show people the

873
00:44:12,719 --> 00:44:15,560
Speaker 1: Martin Luther King autograph and the kids are like, oh

874
00:44:15,600 --> 00:44:19,120
Speaker 1: my god, is that paper from nineteen sixty three? Like

875
00:44:19,160 --> 00:44:21,080
Speaker 1: I wouldn't have ever said the paper. We say, is

876
00:44:21,080 --> 00:44:24,360
Speaker 1: that a Martin Luther King autograph? But they were attached

877
00:44:24,360 --> 00:44:28,040
Speaker 1: to the paper because they wanted They're so their lives

878
00:44:28,080 --> 00:44:31,680
Speaker 1: are so digital that they're fixated on the paper being

879
00:44:31,760 --> 00:44:35,600
Speaker 1: met old. And to me that said, I do think

880
00:44:35,640 --> 00:44:39,040
Speaker 1: that even kids are going to value the physical as

881
00:44:39,080 --> 00:44:42,719
Speaker 1: their lives become more and more digital. I think that's interesting.

882
00:44:43,120 --> 00:44:47,440
Speaker 1: I love this top shot conversation. I love this memorabilia conversation.

883
00:44:47,760 --> 00:44:49,440
Speaker 1: We're obviously going to be doing more of it there,

884
00:44:49,480 --> 00:44:52,080
Speaker 1: and you've been covering a NonStop we will continue to

885
00:44:52,120 --> 00:44:55,719
Speaker 1: cover it, Simon. I did not know you could do

886
00:44:55,800 --> 00:44:58,239
Speaker 1: it a British accent as well as you can do

887
00:44:58,640 --> 00:45:02,160
Speaker 1: I did not know you collect did Pokemon cards. And

888
00:45:02,239 --> 00:45:04,879
Speaker 1: these are two things that, in two years of doing

889
00:45:04,920 --> 00:45:07,000
Speaker 1: this podcast are brand new to me, and for that

890
00:45:07,080 --> 00:45:09,640
Speaker 1: I am thankful. Like these, Like I'm literally gonna go

891
00:45:09,640 --> 00:45:11,520
Speaker 1: to my parents house and the saltis, I'm just gonna

892
00:45:11,520 --> 00:45:13,520
Speaker 1: be going through my like their basement trying to find

893
00:45:13,520 --> 00:45:15,920
Speaker 1: old Pokemon cards, because that's what's been happening. I've been

894
00:45:15,920 --> 00:45:17,880
Speaker 1: finding these old cards and some of these things are

895
00:45:17,920 --> 00:45:20,440
Speaker 1: worth a couple of thousand dollars now, So like that's

896
00:45:20,480 --> 00:45:22,680
Speaker 1: what I've been trying to tell people. I mean, me

897
00:45:22,719 --> 00:45:24,800
Speaker 1: and you could talk off air Darren about but like

898
00:45:24,840 --> 00:45:27,719
Speaker 1: I would love to do like a pack break with

899
00:45:27,760 --> 00:45:29,680
Speaker 1: you or whatever, because I have like on open packs

900
00:45:29,680 --> 00:45:32,439
Speaker 1: and different better Pokemon that that people are just really

901
00:45:32,440 --> 00:45:34,360
Speaker 1: into it right now, Like I just know that you

902
00:45:34,440 --> 00:45:37,840
Speaker 1: love trade mentorabilia. Yeah, And and I would say for people,

903
00:45:38,320 --> 00:45:40,520
Speaker 1: don't keep saying it's gonna go up and up and

904
00:45:40,600 --> 00:45:43,680
Speaker 1: up and up. That's always a dangerous statement. If you

905
00:45:43,719 --> 00:45:46,680
Speaker 1: can take money off the table, whether you want it

906
00:45:46,760 --> 00:45:49,719
Speaker 1: to reinvest in something that you think might be safer

907
00:45:50,040 --> 00:45:54,120
Speaker 1: or a better investment, do it just because the whole

908
00:45:54,239 --> 00:45:56,440
Speaker 1: up and up and up, and it's an alternative asset

909
00:45:56,480 --> 00:45:59,399
Speaker 1: class and more people are getting into it. Well, things

910
00:45:59,440 --> 00:46:02,239
Speaker 1: are gonna if you're around, one day people care about

911
00:46:02,280 --> 00:46:04,799
Speaker 1: a Dwayne Johnson card and one day they won't, And

912
00:46:04,840 --> 00:46:07,920
Speaker 1: one day they'll care that there's a population of five

913
00:46:08,000 --> 00:46:10,479
Speaker 1: of these random Michael Jordan's cards that you've never seen,

914
00:46:10,800 --> 00:46:14,080
Speaker 1: and one day they'll be like nope. So uh. That's

915
00:46:14,120 --> 00:46:17,960
Speaker 1: also a very interesting part of cover in this hall. Alright, boys,

916
00:46:18,160 --> 00:46:21,160
Speaker 1: Simon Hunter, Dann Ravel, that's a great conversation about top

917
00:46:21,160 --> 00:46:23,960
Speaker 1: shot about memorabilia. Like I said, we'll be doing more

918
00:46:23,960 --> 00:46:27,239
Speaker 1: and more of it. Fascinating markets, fascinating way to think

919
00:46:27,280 --> 00:46:31,400
Speaker 1: about gambling and risk and speculation. I'm glad we have it.

920
00:46:31,440 --> 00:46:33,600
Speaker 1: I'm glad it's opening up a whole new world for

921
00:46:33,600 --> 00:46:35,320
Speaker 1: for all of us who are interested in the space.

922
00:46:35,960 --> 00:46:39,640
Speaker 1: This has been the favorites from the Action Network. I

923
00:46:39,719 --> 00:46:43,480
Speaker 1: am Shad Millman for Simon Hunter for Dann Ravelle. Download

924
00:46:43,520 --> 00:46:46,200
Speaker 1: the podcast from Apple Podcasts, from Spotify, wherever you get

925
00:46:46,200 --> 00:46:49,560
Speaker 1: your podcasts. Until next time, I Love you