In fact, if you think about it, other than being heavily
regulated and certainly more liquid, there's not much difference
between buying or selling stock and buying or selling baseball
cards. There's certainly no "intrinsic" worth in either (only
what the next person in line is willing to pay)....and both trade
more on emotional/technical factors than anything rational.
Is one share of APPL truly "worth" $600+, or is that just the
going (current) price? Its all a game with made up rules that
everyone abides by.
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Yesterday it was tulips, blue
Gold and Silver Commercial positions look eerily similar today to the way they were exactly 1 year ago.
Posted by freddy123321 on 8th of Sep 2012 at 10:00 am
Yesterday it was tulips, blue chips, etc today it is other things.
You can add to that list all "equities"...
Posted by RichieD on 8th of Sep 2012 at 05:56 pm
In fact, if you think about it, other than being heavily regulated and certainly more liquid, there's not much difference between buying or selling stock and buying or selling baseball cards. There's certainly no "intrinsic" worth in either (only what the next person in line is willing to pay)....and both trade more on emotional/technical factors than anything rational. Is one share of APPL truly "worth" $600+, or is that just the going (current) price? Its all a game with made up rules that everyone abides by.