Worst investment ever

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David Jamieson writes for Slate this morning about a shocking realization that I had just last month: that the baseball cards we used to collect as kids are now worthless:

Baseball cards peaked in popularity in the early 1990s. They've taken a long slide into irrelevance ever since, last year logging less than a quarter of the sales they did in 1991. Baseball card shops, once roughly 10,000 strong in the United States, have dwindled to about 1,700. A lot of dealers who didn't get out of the game took a beating. "They all put product in their basement and thought it was gonna turn into gold," Alan Rosen, the dealer with the self-bestowed moniker "Mr. Mint," told me. Rosen says one dealer he knows recently struggled to unload a cache of 7,000 Mike Mussina rookie cards. He asked for 25 cents apiece.

Kids these days!

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