Anyone who bought a Ferrari Daytona in 2005 wasn’t making an investment. They were buying a car. Twenty years later, that same decision gets tracked by financial indices, discussed in global wealth reports and cited as a textbook example of a “passion asset.” Something changed profoundly — and it is changing again, right now. Here… Read More The Classic Car Paradox
Also this year a lot of classic cars (and not only) have been displayed in Italy at Verona Legend Cars, the exibition held in Verona which blinks the eye to the most important exibition held in Padova during the last weekend of every October. A lot of dealer took their cars among which there were… Read More Verona Legend Cars 2017
“…Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit.” Gordon Gekko; Wall Street, 1987 Classic cars nuts (including us) often complain about speculators who buy classic cars with the only goal to make profit on selling them at an higher… Read More Is greed good?
