Quote:
Originally Posted by parkplace33
My advice (which I stated on the board before) is “the good stuff doesn’t go down in price. Buy it as soon as you can”.
|
I find that's only trivially true -- that is, it's true as long as you define the good stuff a priori to only include the things that don't go down in price or only include periods of time over which they haven't decreased in price. I've lost several thousand in value in the last few years on Ty Cobb, Walter Johnson, Cassius Clay, Wayne Gretzky, Michael Jordan, and Tom Brady. If you take the popular advice that the most popular cards of the biggest stars are "the good stuff," well, good luck to you, but that's really just the stuff that has the most potential to plummet in value.