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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (37651)	9/1/2003 5:46:52 PM
From: Morris Catt	Read Replies (1) of 74559

Maurice, >>>>>La Jolla isn't the sleepy hick town it once was and Malibu is priced out of the reach of most, Rancho Santa Fe is for the smart set and Beverley Hills has been vacated by the Clampetts.<<<<<< Interesting comment - but the only real Rancho Santa Fe is the land grant covenant area. A couple of dozen small pretenders to the RSF throne have sprung up around the covenant and call themselves RSF by virtue of the same postal zip code. Examples of these 'pretenders' are Fairbanks Ranch, Whispering Palms, The Bridges, Cielo, Rancho del Lago, etc. Sadly the Clampetts have been vacating BH and are locating in these pretender communities around RSF. Traffic is getting so bad I'm tempted to gas up the Hummer H-2 and crunch a few of the German & Japanese autos streaming into the RSF Village from the Bridges, Cielo, La Jolla, etc. <g> Why just a week ago Thursday I ran into Dr. Irwin Jacobs at Delicias restaurant in the RSF covenant. So even the old-time La Jollaians are spending CDMA$ here. BTW: I noted a while back your comment on the bathrooms at the Bridges Golf Clubhouse - you are very considerate to do your 'whizzing' there rather than the RSF Golf Clubhouse! <g> As far as opportunity goes now vs. 1973 - no comparison, IMO, most of us have far more opportunity today and new opportunities come our way all the time. Why would anyone want to be looking thirty years into the past? There is something like a quadrupling of all the worlds’ accumulated knowledge in the past 30 years and knowledge is likely doubling about every five years now or quicker. One either keeps up or falls back into the morass of negative thinking thereby dropping out. Heck, in 1973 one had to look up a sixty year old Hedy Lamarr to find out about CDMA! Mac

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