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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (46682)	2/20/2012 11:49:45 AM
From: Spekulatius	1 Recommendation Read Replies (2) \| Respond to of 78688

Robert, interesting color on BHPH business. I am not sure if BHPH really should have a place in car sales, at least from a customer perspective. The math just simple does not add up - you can buy a car without the markup from craiglist (I have done this several times with good results). OK there is fraud there too but if you have a little bit of smarts, it is quite easy to get a fair deal there. I agree that BHPH preys on the ignorant rather than the poor. Somewhat OT - many of the poor are poor because they are ignorant. It is amazing to see the number of seemingly poor people with Iphones and 100$/month cable bills. It seems that basic financials skills are lacking for many.