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Old 03-31-2009, 08:03 AM
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Default How Long Before Hedge Funds Control The Rare Card Market?

Posted By: Joann

I understand exactly what you are saying Sandy, but I think I have to disagree. As much as I am offended by Bruce personally, his way of collecting and looking at it is as legitimate as any other. Although I am firmly cemented into the "collector grade" layer of the hobby, I can see that people like Bruce and Jim C that collect with an eye to the financial part of it are just as firmly part of the hobby as well.

With so much money in these cards, I don't know if it will ever be "just a hobby". You can't not think about the money at some of these levels.

I think it's really all just a continuum. There is almost no pure hobby/collecting end and almost no pure financial/investment end. Everyone has the mix in varying proportions. I am firmly a collector, but would never say that I don't consider the financial aspects of collecting (including hoping for card value appreciation over time). I also think that Jim and Bruce, as much as they are looking at the financial aspects, are pretty clearly passionate about the hobby and cards too.

So I think we all benefit by seeing the mix and play of both aspects of collecting.

Just my opinion.

Joann

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