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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: Ilaine who wrote (49597)	5/4/2009 2:56:22 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 217802

Does that mean financially bust people are not discerning regarding value, or your business is in the lower socioeconomic area [where I guess more bankruptcies occur]? That's an interesting observation you made. Car selection is strongly representative of personality, so it's likely a useful guide to the thinking of people. My father used to scoff at the idea of cars being "personality carriers". He said they are just things to get from A to B and chose his vehicles accordingly, mostly on price, thereby proving the point. A car dealer friend told me that the BMWs, Mercedes etc which were swishing around were heavily financed on borrowed money to sustain an image. The apple doesn't fall far from the tree - those people are mad, borrowing money to buy an expensive car and house to show off their personality. Houses and cars are for living in and getting from A to B. My Lada, Chariots and boring old Camry parked at a modest house are fine. What do you think is the explanation for your observation? Are those cars swankier, cheaper, safer, more reliable, inconspicuous or what? Mqurice

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