[DeTomaso] Should we purchase vintage cars for our investment portfolio?
Will Kooiman
will.kooiman at gmail.com
Wed Aug 19 22:55:09 EDT 2015
I liked Solaris too. Proprietary hardware had no future, though. Sun was
doomed regardless of Oracle’s involvement. The same was true for
DEC/Alpha. Or maybe you could say that DEC was doomed because of Ken
Olsen. Water under the bridge. Doesn’t matter.
We’re doing everything on Intel/Linux these days. It’s a very stable
platform. Plus, we’re moving more towards VMWare. I’m not a big fan of
VM from an engineering standpoint, but it makes a lot of sense in the big
picture.
On 8/19/15, 10:41 PM, "Ed Mendez" <edducati at mac.com> wrote:
>I received my Sun Solaris Unix System Admin and Network Certificate in
>2000, IMHO They were the greatest makers of Unix RISC based equipment and
>a rock solid OS.
>
>At one point Sun was just about on the backend of every Fortune 500
>company.
>
>and Then...
>
>Larry Ellison F’d it all up.
>
>ORACLE = One Rich Asshole Called Larry Ellison
>
>A shame. I too lost on Sun shares. Pails in comparison to yours. Sorry
>dude.
>
>Ed
>
>
>> On Aug 19, 2015, at 19:18, Will Kooiman <will.kooiman at gmail.com> wrote:
>>
>> Don¹t even get me started on Sun Microsystems.
>>
>> I did stock market software for about 6 years. During that time, I was
>> very active in the stock market. I had a run for about a year where I
>> made about $850K by day trading. I was right at $1M, so I called it
>>quits
>> and bought about $600K in Oracle and about $300K in Sun. And then,
>>Larry
>> Ellison fired Ray Lane, and both Oracle and Sun took a dive. A year
>> later, my $950K was worth about $90K. Numbers are foggy. Don¹t make me
>> look it up. I stopped trading for 2-3 years, and briefly got back into
>> the market for a slight rebound, but that really drove home the adage,
>> easy come, easy go.
>>
>> A few years later, the stock market was soft, so my wife sold some
>>mutual
>> funds and bought some art. We can¹t drive it, but we enjoy it. It
>>might
>> not be going up in value, but neither was her mutual fund.
>>
>> So, that¹s how I view collector cars. If you are buying them to store
>>and
>> watch them go up in value, you better be damn good or lucky at buying.
>>If
>> you plan on spending a lot of time with them, wrenching, washing,
>> polishing, or preferably driving them, they pay you back in enjoyment.
>>
>> Nobody ever talks about buying boats for investments. Why does everyone
>> try to make it a big deal with sports cars?
>>
>> On 8/19/15, 12:21 PM, "DeTomaso on behalf of Joseph F. Byrd, Jr."
>> <detomaso-bounces at poca.com on behalf of byrdjf at embarqmail.com> wrote:
>>
>>> I had never seen a LOG scale used to show stock price history!
>>> I hope you got the majority of you ESP out!
>>>
>>> -----Original Message-----
>>> From: DeTomaso [mailto:detomaso-bounces at poca.com] On Behalf Of Thomas
>>> Tornblom
>>> Sent: Wednesday, August 19, 2015 10:08 AM
>>> To: detomaso at poca.com
>>> Subject: Re: [DeTomaso] Should we purchase vintage cars for our
>>>investment
>>> portfolio?
>>>
>>> I joined Sun in Nov 1996 and got on the employee stock purchase program
>>> where we could buy Sun stock for part of our salary, at a 15% discount.
>>>
>>> In the years they had normally two 1:2 splits per year.
>>>
>>> You can see the stock price at: http://k0lee.com/2009/10/sun-also-sets/
>>>
>>> I learned after I had bought the car that my wife was not happy about
>>>me
>>> buying it, and beeing male I guess I was blind to any hints to that
>>> effect.
>>>
>>> After I explained that if I had kept the Sun Stock it would have only
>>>been
>>> worth about 1/5:th of what the car was worth, and with the recent hike
>>>it
>>> is
>>> now more like 1/10:th.
>>>
>>> She's happy now :)
>>>
>>> Cheers,
>>> Thomas
>>>
>>>
>>> Den 2015-08-19 14:12, Sean Korb skrev:
>>>> I really never thought of it that way... I had very meager
>>>> retirement
>>>> savings at the time but I bought my Pantera with everything I had,
>>>> cashed out in 2000.A It survived both that recession and the next
>>>> and
>>>> has tripled in value.A Not bad!
>>>> But that has nothing to do with why I bought it and still own it :)
>>>> sean
>>>>
>>>> On Wed, Aug 19, 2015 at 12:35 AM, thomas <[1]thomas at hax.se> wrote:
>>>>
>>>> I sold most of my Sun Microsystems stock to buy my GT5 in March
>>>> 2000. That has turned out to be the best timed deal ever for me.
>>>> Thomas
>>>>
>>>>> 19 aug 2015 kl. 01:10 skrev Jeff Detrich <[2]jjdetrich at gmail.com>:
>>>>>
>>>>> A A If you had used some of your stock portfolio to buy a classic
>>>> or
>>>>> A A vintage car just before the stock market crash, it would have
>>>> saved you
>>>>> A A from losing a lot of money on those assets. Does that count?
>>>>> A A Jeff
>>>>>
>>>>> A A On Mon, Aug 17, 2015 at 6:03 PM, John Taphorn
>>>>> A A <[1][3]jtaphorn at kingwoodcable.com> wrote:
>>>>>
>>>>> A A A This Bloomberg story greeted me at my office this morning.
>>>> Here is
>>>>> A A A one person's opinion on vintage cars as an investment.AA
>>>> Would you
>>>>> A A A agree?
>>>>> A A
>>>> A
>>> [2][4]http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-
>>>> a-
>>>>> A A
>>>> A
>>>> good-investment-22791.html?utm_source=PW+Subscribers&utm_campaign=f7
>>>>> A A
>>>> A
>>>> ee052d6d-PWN_PW+News_081715&utm_medium=email&utm_term=0_1899ce8517-f
>>>>> A A A 7ee052d6d-232404493
>>>>> A A A JT
>>>>> A A A _______________________________________________
>>>>> A A A Detomaso Forum Managed by POCA
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>>>>>
>>>>> References
>>>>>
>>>>> A A 1. mailto:[7]jtaphorn at kingwoodcable.com
>>>>> A A 2.
>>>>
>>> [8]http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-a-goo
>>>>
>>> d-investment-22791.html?utm_source=PW+Subscribers&utm_campaign=f7ee052d
>>>>
>>> 6d-PWN_PW+News_081715&utm_medium=email&utm_term=0_1899ce8517-f7ee052d6d
>>>> -232404493
>>>>> A A 3. mailto:[9]DeTomaso at poca.com
>>>>> A A 4. [10]http://poca.com/mailman/listinfo/detomaso_poca.com
>>>>>
>>>>>
>>>>
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>>>> --
>>>> Sean Korb [15]spkorb at spkorb.org [16]http://www.spkorb.org
>>>> '65,'68 Mustangs,'68 Cougar,'78 R100/7,'60 Metro,'59 A35,'71
>>>>Pantera
>>>> #1382
>>>> "The more you drive, the less intelligent you get" --Miller
>>>> "Computers are useless.A They can only give you answers." -P.
>>>> Picasso
>>>>
>>>> References
>>>>
>>>> 1. mailto:thomas at hax.se
>>>> 2. mailto:jjdetrich at gmail.com
>>>> 3. mailto:jtaphorn at kingwoodcable.com
>>>> 4.
>>>>http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-a-
>>>> 5. mailto:DeTomaso at poca.com
>>>> 6. http://poca.com/mailman/listinfo/detomaso_poca.com
>>>> 7. mailto:jtaphorn at kingwoodcable.com
>>>> 8.
>>>
>>>http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-a-good-in
>>>ve
>>> st
>>>
>>>ment-22791.html?utm_source=PW+Subscribers&utm_campaign=f7ee052d6d-PWN_PW
>>>+N
>>> ew
>>> s_081715&utm_medium=email&utm_term=0_1899ce8517-f7ee052d6d-232404493
>>>> 9. mailto:DeTomaso at poca.com
>>>> 10. http://poca.com/mailman/listinfo/detomaso_poca.com
>>>> 11. mailto:DeTomaso at poca.com
>>>> 12. http://poca.com/mailman/listinfo/detomaso_poca.com
>>>> 13. mailto:DeTomaso at poca.com
>>>> 14. http://poca.com/mailman/listinfo/detomaso_poca.com
>>>> 15. mailto:spkorb at spkorb.org
>>>> 16. http://www.spkorb.org/
>>>>
>>>>
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>>>>
>>>>
>>>>
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>>>
>>> --
>>> Real life: Thomas Törnblom Email: thomas at hax.se
>>> Snail mail: Banvallsvägen 14 Phone: +46 18 32 31 18
>>> S - 754 40 Uppsala, Sweden Mobile: +46 76 209 8320
>>>
>>>
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