Part 7/10:
This optimism stems from demographic shifts in car enthusiasm—after leather-clad supercar fans, the next generation seeks hyper-limited, ultra-luxury brands like Bugatti, Koenigsegg, and Pagani, similar to how previous enthusiasts loved Ferrari and Lamborghini.
The Journey of Accidental Buying
Interestingly, he recounts how he "accidentally" bought a Lamborghini on Cars and Bids. By bidding $710,000—less than the seller’s reserve—and knowing that the sale would likely close at or near that price, he swiftly arranged a loan to secure the car, recognizing that this investment could be profitable. This move, carried out against a backdrop of wishful over-leverage, demonstrates his keen market instincts.