Stamps of approval. (philately among chief executive officers) (CEO at Leisure)

Chief Executive (U.S.) | March 1, 1994| | Copyright

As an investment, rare stamps can outstrip the S&P 500. But many CEO philatelists are passionate about what others see only as gummed paper.

When John Sununu fell from grace as White House chief-of-staff in 1991, one of the contributing causes was his use of presidential transportation to attend a stamp auction in New York. It is only at such moments that most of the non-stam collecting public becomes aware of the hobby. Serious adult stamp collectors, o philatelists, tend to keep low profiles. Usually they become known to the general media only after their deaths, when ...

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