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21337 messages, Last post on Nov 22, 2009 at 8:24 PM
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Unlike medicine or engineering, investing is one profession that does not require much aptitude. Believe me I am just an average schmuck whose able to make a living in the investment industry. Fortunatley for me I dont have the aptitude to develop those PHD complex risk models that have ruined many finacial firms and individuals. And fortunately I dont have that Nostradamus chyrstal ball that will tell me market ranges by mid 2009. Otherwise I'd be pursuing my career elsewhere. As Warren Buffett once said an investor with average intelligence and self control is likely to be far more successful than a genius who is driven by emotions. Anybody who bases his ego and and his whole life on his personal balance sheet should be investing only in risk free Government paper. Otherwise high risk investing can be as deadly as Russian Roulette. God bless poor Adolph Merckle and his family. |
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Replying to: circlew (Jan 06, 2009 12:43 pm) As I said I think the luxury segment will become far more exclusive and smaller in future years. The incumbents with heritage in such a market will become strongest while a brand like Acura which has always struggled to define themselves in the luxury segment will become irrelevant.
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Replying to: dewey (Jan 06, 2009 12:55 pm) Perhaps Acura has caught the dreaded GM influenza of the past! Regards, OW |
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Replying to: dewey (Jan 06, 2009 12:55 pm) They can't offer the badge, or the dedicated RWD platforms, or the materials quality. Why pay $43k for an ugly, glorified Accord? |
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Replying to: garyh1 (Jan 05, 2009 1:01 am) good to hear about your successful sale and even better to hear about your new object of interest: A MB S Class. Pardon me for being such a simple Luddite but I am not as informed about the new MB S Class as I am about MBs from the 1970s or before that time. A spanking new S Class, a 2 year old S Class or your current Lexus LS? All three sound great to me. You cant go wrong with that choice. Good luck with whatever you choose.
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Lexusguy and Circlew, I think this latest news proves that Honda is raising the white flag in the luxury segment. Acura may soon become Honda's Oldsmobile.
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Replying to: dewey (Jan 06, 2009 4:46 pm) Regards, OW |
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Replying to: dewey (Jan 06, 2009 4:46 pm) Well, at the very least Acura's "we're going to be a tier one player that's taken seriously" plans are over. So much for the $70K Acura. |
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Had a fantastic holiday season! Enjoy tomorrow night's BS that is the BCS. But seriously, take it for what it is, the best we're going to get for a long time. Have the VIN for the soon to arrive new car & a listing of 6 miles on the ODO after leaving Germania. New ETA for port arrival in GA is 13 Jan, so I expect to see her here at the end of next week. Tony, if you have you're eyes on, I've got a friend who is going to do a daily drive by next week. He lives West of the Ash & just wants a ride. Ha! Getting stoked! On Acura...if Accord becomes one version, what's the point of TSX? RSX is a guzzler to be forgotten, RL goes away. What does that leave them? The abomination of TL (although their best performer) & MDX? Acura, the death toll rings for thee... Unless they shift to hybrid lux.....
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Replying to: ljflx (Jan 06, 2009 7:35 am) That was indeed a incredible deal on a new '08 S550. But I guess you have to allow that the '08 already had a year of depreciation built in, and we now see how big that depreciation hit actually is. Personally, I also decided I really don't want that "AMG Sport package", which is basically some extra fender skirts (which are fine) and the oversize 19" wheels (which look fine but IMHO mess up the ride on bumpy roads and are easily bent). So do tell, how do you feel about the LS460? Does it stir your loins when you drive it, or does it just do everything well but does not inspire you? I have to say that my LS430 is the latter to me.
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