4D·

🏎️🏎️🏎️

Brum Brum, who wants to be my passenger 😀

15.10

Ferrari

Bought x33 at €331.30

€10,932.90

11 Comments

HyperX@AxoWallStreet

Good luck, I find the future of the automotive industry very difficult to predict.

•

ShindyDeanMartin@ShindyDeanMartin

@AxoWallStreet Thank you.
Definitely, but I'm of two minds about Ferrari.
On the one hand, because it's an absolute luxury and on the other hand, of course, a niche product with pricing power and full order books.

That's why I don't see Ferrari as a car company. I believe in history.

•

D.S.@Propheteus

I am very skeptical, the entire car industry is in crisis. I don't have the confidence or courage to make such a big investment at the moment? But good luck 🍀

••

Sansebastian@Sansebastian

@Propheteus Ferrari is no comparison to other car manufacturers. These cars are only bought by people who have real money and who don't have to pay much attention to money. There are more and more millionaires and they are potential buyers. In addition, Ferrari is a pure luxury brand that always goes.

•

D.S.@Propheteus

@Sansebastian Well, if you mean......I'm not touching any car shares at the moment!😩

••

Stephan K.@StrahlemannLP

@AxoWallStreet As long as Ferrari does not have the idea of betraying its traditional values, for which people are prepared to pay sometimes horrendous prices, Ferrari has a healthy business.

The only question is how long its own staying power is.

••

Sansebastian@Sansebastian

I don't see a bottom forming yet, but it's too late now anyway 😄

•

ShindyDeanMartin@ShindyDeanMartin

@Sansebastian yes, but I think the share is now really fairly valued, especially historically

••