Ferrari Mailing List: Re: NFC Investments

[Martin Stark (MStark]

Oops, make that greater fools. 

Martin Stark wrote:

> Larry,
>
> Fine wine sure beats bullion gold or other precious metals. Bloomsbury 
> Auctions (http://ny.bloomsburyauctions.com/auction/NY031) recently sold 
> a case of 1989 Haut Brion for $9500. (not including buyer's premium).  
> In 1992 you could buy a case for $750, and I have several cases sitting 
> in my wine cellar as proof of that. 
>
> Rare coins can be 10 baggers too and you're not tempted to drink them.  
> About 14 years ago when my son "graduated" from collecting baseball 
> cards to collecting coins I bought a few Liberty and Saint double 
> eagles.  One of the Liberties was a 1866-S "No Motto" in AU53. 
>
> Truth-be-told anyone who's made investments can pick out a few star 
> performers and not mention the ones that fell flat or went bust.  It's 
> really a question of "do you want to be in the game?"
>
> And remember, investing is a game of great fools - when it comes time to 
> sell you need to find one to make a profit.
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