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Megacycles, Investment, and Classic Sports Cars: Finding Fortune in the Long Run or playing roulette?
I started liking investing, and now, I love it. As I delved into podcast, interviews or books on investing, such as those listed at my books page, and absorbed wisdom from seasoned investors, I discovered that it taught me more about life than I ever imagined. All quality and value investors seem to have figured out how to live on their own terms.
Another passion of mine is classic sports cars, particularly Porsches. All in all, with my Carrera surname, what else? I own a very modest 20 year old 911 Carrera 996 Generation 4S, a prized possession that has been part of my life for almost 3 years. It’s hard not to be tempted by the idea of parting ways with it, especially when life gets busy, and I struggle to find time to enjoy it. But then, an intriguing realization struck me like a bolt of lightning — the car’s value has been appreciating over time, almost making the ownership cost negligible as its value rose more than what I spend on maintenance, taxes or insurance. And with that, the decision to keep it was cemented. Kind of.
Now, what’s fascinating is that my Porsche is not just a hobby or a material possession; it’s an integral part of my investment portfolio. Just like my investments, I want to see it grow in value over the long run.
