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Posted By: Bill Cornell

The recognition by money managers or hedge funds of sports cards as an investment class would be a major deveopment and lead to a major leg up in the values of rare high grade pre-war sportscards.

Hedge [sic] funds are places where rich people go to get less rich. If you had the exciting opportunity to pay a 2/20 rate or even (gasp) a 3/30 rate and you took it, then your redistribution of wealth is a fact, not a theory.

Put $25m into the vintage card 'market' and you'll watch almost every buyer disappear. Then prices, um, what? Ah - go down. See what happened when Copeland got hungry, and then bulimic, 15 years ago.

More board posturing. Let's move on.


Bill