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silverc4s silverc4s is offline
Crusty Conservative
 
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Join Date: Apr 1999
Location: Friendswood, TX, America
Posts: 3,243
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It's like Ferrari's in the late 80's; if you believe that a Daytona Spyder will be worth $1.0 million in a year, you are willing to buy it now for $800,000, even though you know the seller bought it a month ago for $600,000.

It's called the "greater fool theory" and the -- last fool in -- gets his A$$ burned usually...
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Bill

69 911 T Targa, 2.4E w/carbs (1985-2001)
70 911 S Coupe, 2nd owner (1989- 2015)
73 911 T Targa, 3.2 Motronic (2001- )
Old 06-18-2008, 08:34 AM
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