How “Survivorship Bias” Can Warp Collecting
The other day I came across a cute video of a kid at a card show asking an influencer if he could borrow $10. The kid promised to pay the influencer back after he invested in cards. Fast forward a bit, and it turns out the kid succeeded. He doubled his money and repaid the influencer with 10% interest. That influencer, to his credit, let the kid keep the money. It was a sweet gesture, and it performed