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David Rosenthal

πŸ‘€ Speaker
38083 total appearances
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Appearances Over Time

Podcast Appearances

Acquired
The NFL (2026 Update)

was an incredible trade for two reasons.

Acquired
The NFL (2026 Update)

Yep.

Acquired
The NFL (2026 Update)

Those are based on Forbes valuations.

Acquired
The NFL (2026 Update)

You can't trust those valuations.

Acquired
The NFL (2026 Update)

I think any actual trade would have to be higher than that.

Acquired
The NFL (2026 Update)

The reason number one is just scarcity value.

Acquired
The NFL (2026 Update)

There are a finite number of these things and they're not making more.

Acquired
The NFL (2026 Update)

And there are a lot of people that want to own them for a lot of reasons, not all of which are economic.

Acquired
The NFL (2026 Update)

Yep.

Acquired
The NFL (2026 Update)

So that's one.

Acquired
The NFL (2026 Update)

And that's never going to change.

Acquired
The NFL (2026 Update)

It is the ultimate NFT.

Acquired
The NFL (2026 Update)

That is a net present happiness value positive trade for a lot of billionaires.

Acquired
The NFL (2026 Update)

Yep.

Acquired
The NFL (2026 Update)

Which means that a change in sentiment among that very narrow market will have a huge impact.

Acquired
The NFL (2026 Update)

But for now, I think the valuations are probably safe.

Acquired
The NFL (2026 Update)

Oh, I agree.

Acquired
The NFL (2026 Update)

I just don't think you're going to see these things.

Acquired
The NFL (2026 Update)

No, they're not going to trade at fire sale prices.

Acquired
The NFL (2026 Update)

Yeah.