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Posted By: Jay

This is the problem with tenure. Instead of doing what the college is paying him to do, David can sit at the computer arguing with Bruce. Bruce is 100% right on this one. While Bruce may have been convinced in his own mind that the card would be worth more in the future, there was no certainty of this. He took a risk when he bought the card. He held it for years and then was sold it for a profit. Good for him, that's called successful investing.