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Old 08-31-2007, 08:13 AM
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Default Baseball cards as an asset class

Posted By: barrysloate

I actually feel Bruce stated his position well and I fully agree that those with talent and a strong work ethic deserve to be compensated. Where we might disagree is perhaps they are compensated a bit too well.

Likewise, there are so many people who work themselves to the bone and get little in return. If my apartment were on fire, I'd rather have the services of a fireman over a hedge fund manager.

Nevertheless, cards have performed well but I would only advise someone who has collected for years and knows the business to invest using his own expertise. I would not want someone with little knowledge of baseball cards to do my investing for me.

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