do you hate money?

Slabstox Instagram Post on Mike White's recent football card sales.
Slabstox Instagram Post on Mike White’s recent football card sales.

Then you should totally buy expensive rookie cards of a 26 year old backup quarterback for the Jets.

Backup quarterback. Jets. And $1,300 rookie cards should never be mentioned in the same breath.

This is a conversation that nobody… not me… not the guys at Slabstox… ever thought we’d be having. We shouldn’t have to. But here we are.

Somebody dropped $1,300 on a single Mike White rookie card… and it’s definitely not a parent or relative because they were the only ones buying them on the cheap in 2018. Now that I think about… could it be Mike White’s parent’s or buddies padding their vacation jar by selling high on their boy?

Nothing against Mike White or the Jets. But none of this makes sense from an investment perspective. I would ask the purchaser of the Mike White rookie cards the following questions:

#1. Are you an inebriated Jets super fan who accidentally bid on Mike White rookie cards while sleeping it off in the MetLife Stadium parking and will eventually cancel this transaction and end up on cardporn‘s bad eBayers segment?

Cardporn's instagram account where they discuss bad ebay sports card buyers and sellers.
Cardporn‘s instagram bad eBay buyers and sellers segment is unbelievable.

#2. If not an inebriated Jets fan who accidentally bid on Mike White rookie cards while sleeping it off in the MetLife Stadium parking lot last night… do you hate money?

#3. If not an inebriated Jets fan who accidentally bid on Mike White rookie cards while sleeping it off in the MetLife Stadium parking lot last night, and you do not hate money, what is Mike White’s upside once Zach Wilson returns. The Jets have at least 3 more years and a lot of $$$ invested in Zach Wilson as their starter. He will get every opportunity to continue to be the starter.

#4. Do backup QB’s for terrible football teams have any long term value?

#5. Oh. You think Mike White becomes the starting quarterback for another team. Let’s say Mike does that. Not probable. But I’ll give it to you Mike White investor. Do starting quarterbacks for non-contenders hold any long term value?

NO. no. no.

Don’t invest in Mike White. Or Eddie Rosario. Or Yermin Mercedes. These are great stories. But they hold ZERO long term value.

Don’t set your money on fire… unless your trapped in a snowstorm and you need kindling.

As always, I’m Freddy… and you’re welcome.

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