Quote:
Originally Posted by egri
I don't know that people are investing in the sense that they've done a thorough analysis of the fundamentals of the card market in general and specific cards in particular and all of the other research that typically goes into an investment, but I'm sure they are investing with the belief that past returns are indicative of future performance.
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Vintage
Many many many long term people are now bailing
A few new people are coming in
Modern
Seems many are bailing. Goldin has an auction every month. Even other auctions, think it was lelands has 300 modern lots. I cant ever remember seeing modern cards auctions in such droves.
People are buying I guess, I just cant rationalize it. Seems an awful lot like 1990 "you just cant lose " methodology