Some Common Cents for December 13th 2013

Some years ago, I was at the Walt Disney World complex. At the time, Mickey was hard at work selling “remastered animation cels” for what I considered a princely sum, and there seemed to be no shortage of takers. Being a clever mouse, he bandied about the words “rare” and “collectible” like nobody’s business, and the hoi polloi gladly forked over their hard earned money for, what, 1/5,000,000th of a direct to video animated picture.

Buy a piece of history! Buy an authenticated piece of Disney’s animated classic: “Aladdin XXV: Back Into The Lamp and Thrown Into the Sea.” All for the low, low price of $99.95!

I thought then, as I think now, if the words rare and/or collectible are anywhere to be found in the sales pitch or material, walk away from the deal. The reason is simple: if it were truly rare and collectible, the seller probably wouldn’t be selling it for less than $100 and to someone off the street…Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.