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Old 10-19-2007, 05:34 PM
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Default How Long Before Hedge Funds Control The Rare Card Market?

Posted By: Fred C

Wouldn't there have to be some type of oversight? I couldn't imagine people blindly investing money into a "collectibles fund". There's just too many ways that people can and would get ripped off. There are enough unscrupulous people out there willing to find a way to screw the general public. You could get a bunch of independent investors together but a public offering wouldn't fly (IMO) unless there were measures in place to protect the public. I guess it's unchartered territory in some ways. Could you imagine a "Memory Lane Collectibles Hedge Fund"?

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