Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. <\/p>\n
Entrepreneur and New York Yankees minority owner Patrick Bet-David learned one of his most expensive investing lessons after selling a Kobe Bryant trading card years before it became worth more than $2 million. <\/p>\n
From a $17,000 Win to a $2 Million ‘What if’ <\/p>\n
In a post on X on Thursday, Bet-David said he bought a Kobe Bryant trading card for $6,000 in 2007 and sold it for $17,000 in 2009, believing he had made a successful investment. <\/p>\n
Fast forward to today, and that same card is worth more than $2 million. <\/p>\n
Don’t Miss: <\/p>\n
His takeaway? “Be patient.” <\/p>\n
Bet-David called “buy and hold” the most effective way to create wealth, adding that patience often produces better long-term outcomes than locking in quick gains. <\/p>\n
The most effective way to create wealth is boring. <\/p>\n
It’s “buy and hold”.<\/p>\n
I bought a Kobe card for $6,000 in 2007 and sold it for $17,000 in 2009. <\/p>\n
I thought I won. <\/p>\n
Today that card is worth over $2,000,000. <\/p>\n
Be patient. <\/p>\n
\u2014 Patrick Bet-David (@patrickbetdavid) August 6, 2026<\/a> <\/p>\n Trending: Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time<\/a> <\/p>\n Warren Buffett Has Been Making the Same Case For Decades <\/p>\n Bet-David’s message mirrors Warren Buffett’s long-held investing philosophy that exceptional returns often come from owning quality assets for years rather than chasing short-term gains. <\/p>\n The Berkshire Hathaway chairman has repeatedly advised investors to think like business owners instead of traders. <\/p>\n In his 1996 letter to shareholders, Buffett wrote, “If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.” <\/p>\n He has also compared investing to baseball, saying investors can afford to wait for the right opportunities because, unlike hitters, “there’s no called strikes” in investing. <\/p>\n See Also: Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.<\/a> <\/p>\n Why Buffett Thinks Patience Beats Prediction <\/p>\n Buffett’s philosophy, however, has largely focused on productive assets such as businesses and broad stock market index funds that can compound earnings over time. <\/p>\n A collectible such as a trading card can appreciate dramatically, but its value depends on demand from future buyers rather than the cash flows generated by an underlying business. <\/p>\n Story Continues <\/p>\n For Bet-David, the Kobe Bryant card became a reminder that the biggest investment gains often come not from knowing when to sell, but from having the patience to keep holding. <\/p>\n Image via Shutterstock <\/p>\n Read Next: Think you’re saving enough for your kids? You might be dangerously off \u2014 see why<\/a> <\/p>\n Building Wealth Across More Than Just the Market <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry. <\/p>\n Arrived <\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. <\/p>\n Realberry <\/p>\n Institutional-quality real estate has traditionally been difficult for individual investors to access. Realberry gives accredited investors direct access to private real estate opportunities <\/a>backed by a team with 35 years of experience, $3.4 billion in assets under management, and $481 million in cumulative distributions paid to investors as of Q4 2025, according to the company. With a portfolio spanning 13 million square feet across seven U.S. states, Realberry focuses on acquiring, developing, and managing real estate with an emphasis on long-term value creation while its principals often invest alongside clients to help align interests. <\/p>\n FarmTogether <\/p>\n Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000<\/a> \u2014 fully managed, with no landlord headaches. <\/p>\n Immersed <\/p>\n Immersed is building technology for the future of work through spatial computing.<\/a> Known for its AR\/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing. <\/p>\n Fundrise <\/p>\n Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate<\/a> and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth. <\/p>\n Mode Mobile <\/p>\n Mode Mobile is changing the way people interact with their phones by letting users earn money from the same apps and activities they already use every day.<\/a> Instead of platforms keeping all the advertising revenue, Mode Mobile shares a portion back with users who engage with content, play games, and scroll on their devices. Named one of Deloitte’s fastest-growing software companies in North America, the company has built a large beta user base and is scaling a model that turns everyday smartphone usage into a potential income stream.\u00a0 <\/p>\n EquityMultiple\u00a0 <\/p>\n For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000<\/a>,<\/a> with only ~5% of opportunities passing their due diligence process. <\/p>\n \u00a9 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. <\/p>\n","protected":false},"excerpt":{"rendered":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 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