Warren Buffett's Thoughts on Card Collecting

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#10

08-19-2024, 06:00 AM

Johnny630

Johnny MaZilli

Member

Join Date: Nov 2015

Posts: 4,311

Quote:

Originally Posted by JollyElm

With all due respect to his thoughts about "speculative assets," it's gotten to the point where I seek to buy Mickey Mantle cards as more or less investment pieces.
If I can walk away from a show landing one at a decent price, by the time I get home that card will already be worth more...and it will continually grow in value with countless people who would buy it at the market price, because the demand does not cease.

Maybe this approach should rightfully be called "specific speculative assets."

Bingo Specific Speculative Asset !!

People always ask for Mantle...I would say in the vintage card world it's the number one card I get asked for..it's really something.

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