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Posted By: Anonymous

Your return reflects the risk you take. If you consistently earn high returns, you have specific skills and knowledge the rest of us lack - information, customer lists, other intangibles, etc. Either that or you're lucky. When the world goes irrational in some slump, you'll have nothing but pictures.

Then again, I wouldn't consider gold and diamonds as investments either - just inflation hedges. Real estate is an investment, because it may generate a cash flow; it's used in production. Baseball cards, movie pictures, whatever used collectible goods - wouldn't be rented, can't be used in producing new goods, & generates service fees only in sales as income for economy purposes.

It's probably just me, but I fail to see the intrinsic value in old sport cards. I like them; I buy them; I read this board. Reading about your collections is pretty awesome.