Shark Tank star gives stamp collecting big boost

The stamp community has received a ringing endorsement from billionaire Mark Cuban who is the new face of the U.S. Postal Service’s educational initiative.

Cuban, best known as a star of Shark Tank and owner of NBA champions the Dallas Mavericks, credits his stamp collecting as a teen for putting him through college.

“Collecting stamps is an amazing way to start to understand business,” states Cuban in an interview with the USPS community connection, a school-community partnership with the postal service. “Each stamp has its own level of scarcity, of demand, of price, and as a collector you have to make decisions on when to keep a stamp, trade or sell it, and when to invest in a new stamp for your collection. “I learned so much about business and the laws of supply and demand when I was in middle school that business came easily to me when I got to college and beyond. If you think you can learn a lot about business from ‘Shark Tank’, you can learn just as much from stamp collecting.”

Cuban also points out that stamps were a fun way to connect to, and learn history.

“As a kid, my little stamp albums taught me about kings, presidents, wars, battles, you name it. And just as important, this was something I could do on my own. I could find a stamp, do some investigating, and discover the entire story behind it. It was a connection to history that I don’t think I would have been able to get excited about in any other way.”

For the complete story, read it in an upcoming issue of Canadian Stamp News.

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