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#35
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He mentioned a couple things that highlight his hyper selection focus: First is that he was collecting baseball cards since 1952. Second is that he turned down a private purchasing option of a higher graded version of the 55 Topps Clemente. Although his auction bidding proxy stopped bidding on at 3am once the max price Ken was willing to pay for the Clemente was exceeded by another bidder who ultimately won the card, that same buyer has tried to sell to Ken at a big multiple. He said in business he learned basically when to walk away. So his money seems very strategically spent to a limit. Thus a reason he may not want to spend one single dollar on something that doesn’t fit his collecting goals, since that would take that dollar away from something else he wanted to attain.
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