Quote:
Originally Posted by Exhibitman
Not a good analogy. Buying an asset before it takes off is investing. Buying an asset when it is down is a contrarian strategy that has been around for hundreds of years. If Ruth cards cratered I'd buy more. Besides, they're fun!
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All you said was "never wrong just early." I wasn't sure if that was tongue in cheek but was merely pointing out that being early is just a form of being incorrect.
As far as cards go, I agree with you. I don't really like analogies between card collecting and investing because when investing, my sole interest is making money on X instrument. I don't sit around and look at my short position in the health care sector with the kids.
That's not why I collect cards. I buy cards I like and they go up as a byproduct.