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Registered
Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 38,133
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Been talked about here many times. it's always pointed out the insurance and storage are big factors. If you are going to thing about automobiles as investments, think big. Rare and expensive cars will always be capital.
I've always thought of Bill Harrah as one of the slickest investors ever. Here he had what he wanted and depreciated the lot because his massive collection was a business. The only thing that tripped him up was death.
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