CNBC discusses BLA’s efforts in investing in minor league baseball players.
CNBC chatted with BLA CEO & Founder Michael Schwimer about his athlete investment business model. Schwimer talks about the company and how its investment strategy is long-term and quite similar to a tech startup.
“If you invest in 10 tech startups and one or two become Facebook or Google, you are going to do very well. That’s how we do it, just with baseball instead of tech stocks.” – Michael Schwimer