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"If you paid this for a 911R-you are a f--xing idiot"

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Old 05-21-2017, 10:26 AM
  #106  
hf1
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Originally Posted by STG
If you had $50,000,000 in the bank, would you think twice about wiring $500K for one of these? I wouldn't.
I wouldn't even think once. It simply would not occur to me to do such a thing. I know people with 10x more wealth who also wouldn't do it either.

A losing trade is a losing trade regardless of how the size of that loss relates to one's wealth. It's the process/philosophy (of arbitraging opportunity) that matters. In this case, an R is simply not even close to being worth 2x a manual GT3 with a better engine and a X90 touring package, regardless of how much money you have in the bank.

You'd be surprised how quickly $50mil can evaporate if you start compromising with the rules/process that helped you earn it, or if you never had the rules/process in the first place (in case of inherited or lottery wealth).

[In the above I used the generic 'you' -- didn't mean to refer to you or anyone else specifically.]



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