Ferrari Mailing List: Re: Ferraris as Investments?

[Erik Nielsen (judge4re]

He bought an F1 team so his son could have a ride, doubt he’s looking at the return figures, it’s expensive to live vicariously through your kids...

On Jan 1, 2020, at 10:15 AM, Michel Savard <mysavard [at] videotron.ca> wrote:

Don’t we get those articles at least once a year ?

If that’s true, all it means is Mr. Lawrence Stroll who paid $48,000,000 u.s. for his GTO 3-4 years ago will only get maybe $30,000,000 u.s. this year. Poor guy! I feel for him.

Michael Savard (1981 308 GTSi)

On Jan 1, 2020, at 10:42 AM, Erik Nielsen <judge4re [at] gmail.com> wrote:

Sounds like the party is over.  

"We are at the tail-end of a big bull market," Hatlapa warned.

https://www.zerohedge.com/markets/tail-end-big-bull-market-wine-diamonds-classic-cars-are-now-money-losing-investments-ultra

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