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Old 08-26-2005, 01:53 PM
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Default High grade cards are undervalued

Posted By: jay behrens

Jim, you just don't get it, do you. Those examples were posted to counter your claim that high grade cards are an infalible investment. high grade cards are no more an infalible investment than tech stocks were, or tulips.

It's easy to gloss over a few aberations when you have so much money tied up in that same exact investment. But remember, these aberations occur for a reason, and eventually, those aberation will become common place. And yes, the market recover from any bubble burst.

Keep telling yourself you've found a way to turn lead into gold if that makes you feel better about yourself and your collection, but high grade cards are not the perfect investment. Nothing is.

Jay

My place is full of valuable, worthless junk.

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