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When I was younger baseball fan, still young enough to bring a mitt to the ballpark without ridicule, I saved my allowance until I had $20 to buy a Sandy Alomar Jr. rookie card. I’m not sure it was ever worth $20. And it’d probably be worth almost nothing today, even if I didn’t stick it in my spokes years back. Such are the breaks of investing in baseball.
Now that I’m older, I’ve moved on from the small-time hobby of buying baseball cards to the big-time world of buying baseball players. Today, I plunked down $20 of my sort-of-hard-earned money as an investment in Randy Newsom, a 25-year-old side-armed reliever in the Indians farm system who split time between Single and Double-A last year…