Just the other day I wrote about the kinds of things I choose not to invest in. Here we are only a few days later and I have a nice follow up story to it.

Remember a few months ago I wrote and article about a fellow who builds bicycles as works of art? He wrote me a note yesterday to say how well one of his investments have paid off lately.

I liked your piece on things you wouldn't invest in. I think you should say shouldn't invest in. (emphasis added) My bike hobby paid off big time a couple of weeks ago. I sold an old but nicely restored track bike for almost 15 times what I put into it. ...

You get the idea. Point made. He wanted to demonstrate to me that if you know your art, your craft, your collectible; and you know the market, you can do well investing in those things.

I say the time he spent searching for parts, shining them up, painting and polishing, etc. more than offsets his profit. He would never agree to that though. For him, it's a labor of love.