Codie Sanchez argues Pokemon cards don't hold value and operate on the "last fool" theory, where people buy only to resell higher. She shares a personal story about her own past interest in the cards, then urges viewers to focus on long-term investments instead of chasing hype.
Chapters
No Pokemon cards. Let me tell you my problem with Pokemon cards. This is near and dear to my heart. Recently, anybody who is trying to sell you a Pokemon card thinks you're a idiot. The problem is that none of these things hold their value over time. It's called the last fool theory. Everybody who buys these thinks the other guy is going to pay more for them later. It's not because like you independently want to own a Pokemon card because this is a great investment asset that is doing something for you. It's not. It's a piece of paper. Some of them have diamonds on them or something. What's wrong with you guys? Just kidding. Me too, Pikachu. I mean, I was into it. But moral of the story, you play long term games and that is how you have long term gains.