Sounds about right. The Crisser wishes he had written this.
CrissCriss
Posts: 777 ✭✭✭
"High levels of greed sometimes cause new-era thinking to be introduced by market participants to justify buying or holding overvalued securities. Reasons are given as to why this time is different than anything that came before. As the truth is stretched, investor behavior is carried to an extreme. Conservative assumptions are revisited and revised in order to justify ever higher prices, and mania can ensue. In the short run resisting the mania is not only psychologically but also financially difficult as the participants make a lot of money, at least on cardboard, er, paper. Then, predictably, the mania reaches a peak, is recognized for what it is, reverses course, and turns into a selling panic. Greed gives way to fear, and investor losses can be enormous."
Solid take. Enjoy your cardboard.
Comments
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Anyone who works on wall street could of told you the same thing.
Captain obvious crisser at the ready. Thanks so much!
"Ice Tea?"
"No. Lemonade. READ THE SIGN!"
zzzzzzzzzzzzzzzzzzzzzzz
Dpeck wishes he had bought this for $249.99 years ago.
http://www.ebay.com/itm/1986-Topps-Traded-Tiffany-Bo-Jackson-ROOKIE-RC-50T-PSA-10-GEM-MINT-PWCC-/142303797839?hash=item2121f7a24f:g:t3AAAOSwOgdYvdUQ
The sky is falling!!!
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Jesus. Or we can just enjoy collecting cards. Enough with the stockmarket crap; this isn't the stockmarket. Some of us actually love a sport and its history. It's that damn simple.
Instagram: mattyc_collection
Let me get this straight, you have the hen, the rooster, and the chicken, the rooster has sex with the hen. Who has sex with the chicken?
The Crisser likes his chicken spicy.
As long as you don't burn down the cabin with the "Cuban cigars" its no issue
If that were true, why would people with more money than they could ever spend be buying this stuff?
Yes, I would love my cards and collect just as enthusiastically if they were never worth a penny or even suddenly worth a mere fraction of their current cost. That's who I am.
When I look at my cards, I think about the players, their stories and stats, I think about the set, the design, the aesthetics, the age, the card's journey through time-- money is the farthest thing from my mind in those moments.
Money comes up when selling a card that has been replaced.
Career is about money. Not baseball or baseball cards. That's why cards bring me only happiness and are an oasis from any stress, and it's why I never need to post negativity.
Instagram: mattyc_collection
Cards are perty.
I wish all here would call me 'The Pisser' Now THAT would be cool.
If the doof dudes in I Dream of Jeanie and Bewitched knew what they had, and used it to their advantage, and showed us in the TV shows, I truly believe the world of card collecting would be a better place right now.
Hey, look; I found an image for you that is both Bewitched and a sports card (1965 Bewitched Test):
" I wish I had a $ for every $ I ever spent, because then I would have all my $ back"....Jack Handey
Bowman Baseball -1948-1955
Fleer Baseball-1923, 1959-2007
Al