[DeTomaso] Panteras VS. Other collector cars

[Douglas Kelm]

Well, not quite. While I did "give" my Pantera away, I still turned a tidy profit on it (as you would expect to do over a 10 year ownership period). The '32 was also bought right (I didn't build it myself) and will absolutely turn a profit. The only question is: How much? Sh*t, I've got a portfolio full of stocks that have absolutely UNDERPERFORMED any collector car I've ever owned (even over comparable time spans). And I'm sure I'm not alone in this scenario. Not that cars can't be disappointing investments (review the collector car bubble implosion of 1989). But I'm willing to bet a substantial amount that over the last ten years to date, well bought cars have returned more than the Dow Jones index.

Doug
  ----- Original Message ----- 
  From: MikeLDrew at aol.com 
  To: dakelm at qwest.net ; MikeLDrew at aol.com ; Partsman912 at aol.com ; detomaso at realbig.com 
  Sent: Wednesday, November 19, 2008 1:23 AM
  Subject: Re: [DeTomaso] Panteras  VS.  Other collector cars



  In a message dated 11/18/08 22 26 55, dakelm at qwest.net writes:



    Building rods on spec is a sure way to turn a small fortune . . . . . into an even smaller one.




  ....which, as we've seen, is the Kelm way....:<(

  Mike


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