Bank of America recently put out a study comparing investment decisions between wealthy investors ages 21-44 to investors with an age of over 44. Thought this part about collectibles really stood out on how the younger generation is interested in the collectibles space.
* 65% of study respondents, including 94% of those under the age of 44, are interested in collectibles. Millennials and Gen Z are at least two times more likely than older generations to be collectors of watches (46%), wine or spirits (36%), rare or classic cars (32%), sneakers (30%) and antiques (30%). - What are your thoughts? Are you as surprised as I am? Good news for investors in the high-end collectibles space. Here is the link to the report if you want to see the complete study results.
* https://newsroom.bankofamerica.com/content/newsroom/press-releases/2024/06/bofa-private-bank-study-of-wealthy-americans-finds-generational-.html

https://www.youtube.com/watch?v=eL3XIq1fJ8w&t=7s

Being at Fanatics Fest this past weekend was a blast. I think they nailed it with the entertainment side of things and the exclusives they offered.

Seeing Travis Scott there and participating in the hobby is big in my opinion. It is a move to bring in a wave of collectors that are new to space. I love it. Even had one of my friends who is a big sneaker head and not in the hobby at all, get excited for this event.

Travis has been such a big influence in sneakers (and music of course). Glad to see him coming into the hobby.

Anyone score the Travis Scott hobby box at the event?

https://www.instagram.com/p/C-yRgyWy3Ac/?img_index=1

In this episode, Jay Coscolluela COO of the Burbank Card Show and I discuss a variety of topics including:
• Growing up and collecting in the Philippines
• Building community and local card shows
• The creation and evolution of The Burbank Card Show

Jay shares his journey from growing up in the Philippines and the collecting scene, to moving to the US and building Facebook and online breaking communities, the creation of The Premier SoCal Show, and building and developing The Burbank Card Show.

He offers valuable tips on building community, and the business side of what it takes to run card shows. Whether you’re a collector, show promotor, or just love The Hobby, this episode is brings some great advice and inspiration!

You can watch or listen now on YouTube, Apple Podcast, Spotify, Amazon Music, and more! (Just search for Hobby Hustle, or use the links below)

YouTube:
https://youtu.be/x5M65-J6XpA?si=QAAFdWOxWNiU4071


Apple Podcast:
https://podcasts.apple.com/us/podcast/hobby-hustle-episode-7-jay-coscolluela-chief-operating/id1753848611?i=1000664657938


Spotify:
https://open.spotify.com/episode/7nnI2Cp6lo7sGcyMypIMlz?si=KD-U3-uURV6CgZlhqIO1xg