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Old 10-18-2007, 08:32 AM
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Default How Long Before Hedge Funds Control The Rare Card Market?

Posted By: barrysloate

Jim- fair enough, and collectors have been putting away high grade cards since the 1970's. But they have almost always done it themselves, based on the knowledge they acquired. Asking a hedge fund manager to do it is a different story. Would he know what he was doing? I don't think baseball cards can be bought blindly, and I have never put a portfolio together for a client. I would much prefer he learned to do it himself, and should I have cards for sale that would fit in, all the better.

It's not the investment part the bothers me- I've seen how much cards have appreciated over the years- but the idea that somebody other than the collector himself is putting this thing together.

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