[DeTomaso] Should we purchase vintage cars for our investment portfolio?
Ed Mendez
edducati at mac.com
Wed Aug 19 23:02:47 EDT 2015
And then there is Apple but still Intel/bsd/Linux which a lot of people don't realize, but I am heavily invested in them.
:-)
Ed
Sent from my iPhone 6 Plus
> On Aug 19, 2015, at 19:55, Will Kooiman <will.kooiman at gmail.com> wrote:
>
> 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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>>>>>> A A A etc.) use the links above.
>>>>>>
>>>>>> 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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>>>>>> !DSPAM:55d3bb8d173911562831224!
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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/
>>>>>
>>>>>
>>>>> !DSPAM:55d487ac2166153625052!
>>>>>
>>>>>
>>>>>
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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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