Host 1

So the background of this story, and then we're going to talk about some other alternative assets, is myself and Ash, one of our financial advisors, was meeting with a client the other day, and we were reviewing his financial position.

And there was $45,000 worth of Pokemon cards in his asset table.

I've been doing this for a long time.

Never seen that.

And I was like, this is a first for me.

So I did a little Google and I was like, how have Pokemon cards been performing?

And so the S&P 500, just as a reference point, is up 483% since 2004, which is a pretty good return.

You'd be pretty happy with that.

Pokemon cards, Mike, are up 3,800% over the same time period.

So probably like an eight or nine times more than the share market, which has been crushing it.

The nerds are making some money.

Mike, do you know how much money is in war?

Like Pikachu, Pokemon, that's all they're doing.

They're going to battle every day and you're going to have the right Pokemon on your side when you go to that gym to catch them all.

like i said the full fallacy right which is basically i'm gonna buy this but there's a big of a fool behind me who's gonna buy it for more that's pretty much everything in life really you did talk about other asset classes we did that very cool um set of reels with dave nash at the wine room uh he talked about the performance of some of those bottles of wine which yeah definitely up before the s&p 500

Birkin bags.

If you compare Birkin bags to the S&P 500, since the 1980s, S&P 500's gone about 10% a year.

Birkin bags have gone up 14% a year, which is 40% more than S&P 500.

Yeah, that's pretty good.

You mean the NFTs?