August 5, 2010

Speculating on the Book Trade - Rare Books as Investments?

Interesting article. Check it out here.

"My earnings as a book dealer have always been either supplemented, or often superseded by, my earnings from the stock market. I can see a time when the book trade will be reduced to a handful of big businesses in London. There are not enough books to go round, and the present hierarchy of dealers operating at different levels will ultimately disappear. The internet has made the business a level playing field."

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