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Speaker 1: This is Masters in Business with Barry Ridholts on Bloomberg Radio.

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Speaker 1: This week on the podcast, I wanted to try something

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Speaker 1: a little different. Uh, you guys know, I'm a bit

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Speaker 1: of an auto buff, and so I brought in one

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Speaker 1: of my favorite automotive riders right here at Bloomberg. Hannah

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Speaker 1: Elliott has been covering cars and luxury goods for the

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Speaker 1: better part of a decade um and we just want

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Speaker 1: out about all things automotive. If you're at all interested

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Speaker 1: in where do I start, Tesla, electric cars, collectible cars, supercars,

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Speaker 1: driving schools, racing, just the future of automotive industry, well,

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Speaker 1: you're gonna find this to be absolutely fascinating. Unfortunately, there's

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Speaker 1: a lot of me and this. You'll just have to

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Speaker 1: get past that because once we start talking about cars,

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Speaker 1: I can't shut the hell up. Um. But if you're

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Speaker 1: at all interested in automobiles, you're gonna find this to

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Speaker 1: be a lot of wonky fund So, with no further

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Speaker 1: to do, my conversation with automotive journalist Hannah Elliott, This

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Speaker 1: is Master's in Business with Barry rid Holts on Bloomberg Radio.

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Speaker 1: This is an extra special edition of Masters in Business.

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Speaker 1: I don't normally bring in guests who are also Bloomberg columnists,

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Speaker 1: but today I've brought in one of my favorite people

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Speaker 1: to read, Hannah Elliott More. You would say, welcome to

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Speaker 1: Bloomberg now, but you have your own desk and badge,

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Speaker 1: and you're here half the time I'm here. I'm here

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Speaker 1: just across the way. You split your time between the

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Speaker 1: East Coast and West Coast kind of my boyfriend on

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Speaker 1: the West Coast. And cars are better on the West

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Speaker 1: Coast roads, yes, especially during the winter. So I do

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Speaker 1: find myself out west a lot. And I'm originally from

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Speaker 1: the West Coast, so it is okay, So let's talk.

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Speaker 1: We's start with your background. Um, I originally saw your

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Speaker 1: bondline when you were at Forbes doing luxury. What's your background?

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Speaker 1: How on earth did you find your way to car Well,

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Speaker 1: it's a funny story. I have a journalism degree from

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Speaker 1: Baylor University in Texas grade school. I went there to

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Speaker 1: run on the track team, actually the eight hundred. In

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Speaker 1: cross country, I ran the half and and and the

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Speaker 1: two mile relay. Hardness is a brutal race. People don't understand.

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Speaker 1: It's um two minutes sprints or unless you're good and

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Speaker 1: then it's a minute thirty sprint. It really proves your

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Speaker 1: worth and your courage as an athlete, because you know,

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Speaker 1: they always say, whoever is leading at the end of

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Speaker 1: the first lap is not going to be that's right

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Speaker 1: at the end of the second. All strategy. I mean,

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Speaker 1: I'm getting goosebumps just thinking about it. But get back

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Speaker 1: to you. That was a hundred pounds ago. You're still Yeah,

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Speaker 1: you should see my dad. Ye oh yeah, he actually

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Speaker 1: ran for Athletics West Nikes Elite marathon training team back

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Speaker 1: in the seventies and eighties. Um. Yeah, he's six four

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Speaker 1: and weighs about it. What I do, You're that much?

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Speaker 1: I'm actually five ten and a half. But I don't

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Speaker 1: believe that does No one does towering. I I have

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Speaker 1: a doctor's note that says I'm five. You have to

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Speaker 1: be well and heels. Of course, I'm probably. I will

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Speaker 1: prove it to you. I'll take off my shoes later,

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Speaker 1: we can, we can back up against each other. I'll

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Speaker 1: try that later. I'll get a photo. Believe it. Yeah,

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Speaker 1: I know it's crazy, so bare by journalism school, but

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Speaker 1: led you towards for so I moved to New York.

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Speaker 1: I'm writing basically for the same wire service that I

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Speaker 1: interned in in Baylor, writing about politics and religion. But

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Speaker 1: it's kind of like it's good, but I'm looking for

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Speaker 1: the next thing. I answer a Craigslist ad looking for

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Speaker 1: a assistant editor at Forbes. I know nothing about cars Gigslist. Yes,

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Speaker 1: well this was fifteen years ago, and apparently people still

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Speaker 1: use Craigslist. People will use now. I know a ton

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Speaker 1: of people who sell cars on Craigslist. Like, so, we'll

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Speaker 1: talk about cars later. I can't. I got an old

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Speaker 1: s L I have to get rid of what color

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Speaker 1: red with the tan. It's a hundred and nineteen miles

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Speaker 1: and it's my third convertible. I don't need I want

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Speaker 1: to talk about this. We will talk about this in

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Speaker 1: a few minutes. Okay. I have some funny car stories

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Speaker 1: and I do too great so so so I answered

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Speaker 1: and add on Craigslist. I don't know anything about anything.

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Speaker 1: I'm such a baby. I don't know a thing. But

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Speaker 1: I go in and I just think, all right, Forbes

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Speaker 1: is a good brand. If I get my foot in

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Speaker 1: the door, I'll figure something out once I get there.

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Speaker 1: It's a great brand. So I go in and I

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Speaker 1: the guy who hires me is a great person with

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Speaker 1: who sees potential in people. And he basically said, look,

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Speaker 1: you know, I get hired. He hired me because I

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Speaker 1: was cheap. I was just out of college, and really

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Speaker 1: I had no bad habits as a journalist. And he figured,

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Speaker 1: I can teach this person how to write about cars.

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Speaker 1: I can mold her exactly just like any other beat.

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Speaker 1: He was used to dealing with a lot of car

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Speaker 1: guys who can write about specs and machine car background

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Speaker 1: at all, zero and previous interest. No, no, I mean,

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Speaker 1: my dad's not a car guy. My brother is not

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Speaker 1: a car guy. What was your first car? Buke Skylark nine,

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Speaker 1: I mean olive, Olive with black interior bench seats. I

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Speaker 1: was so embarrassed of that car. I mean I shared

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Speaker 1: it with my sister. We bought it for two hundred dollars.

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Speaker 1: We each paid a hundred. She loved it, and she

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Speaker 1: she is cool like that. She saw that it was cool.

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Speaker 1: But I was mortified of that car. And although so

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Speaker 1: you're still too young, my generation cars represented freedom. Like

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Speaker 1: you lived in the suburbs. Your parents would freak if

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Speaker 1: you went into the city. There was no internet, you

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Speaker 1: were not connected to the rest of the world, the

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Speaker 1: entire Bruce Springsteen over of I have to get out

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Speaker 1: of this place. Cars represented freedom that is no longer

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Speaker 1: like kids. Not only don't they need cars today? Oh wait,

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Speaker 1: were gonna go great, let's uber there. It's a whole

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Speaker 1: different headspace. Plus they're plugged into the entire universe. So

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Speaker 1: that sensation of being a white suburban punk a prisoner

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Speaker 1: in For me it was plainview Long Island, but that

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Speaker 1: was repeated by millions of people. Anyway, My my Chrysler

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Speaker 1: three hundred that I paid a hundred dollars from my

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Speaker 1: six s price with three hundred that I paid a

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Speaker 1: hundred dollars from my uncle, and could chirp the tires

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Speaker 1: at any speed. Um was a great first car until

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Speaker 1: my mother borrowed it and totaled it. And that was that.

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Speaker 1: So so they back to you, they could mold you,

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Speaker 1: do you want to mention this person's name? Sure, Matthew

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Speaker 1: de Paula, He's he's great. Uh no, he as it

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Speaker 1: turns out, actually the next year he was laid off

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Speaker 1: because of course he cost a lot more money than

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Speaker 1: I did. And this was going into the two thousand

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Speaker 1: and eight when everything was just so basically nobody was

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Speaker 1: else was writing about cars, and it's like, oh hey, Hannah,

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Speaker 1: get over there, do that. So I did that, and

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Speaker 1: I kind of, you know, for it took four or

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Speaker 1: five years before I finally embraced it. I always was thinking,

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Speaker 1: this is just so I can have a job and

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Speaker 1: I'll do something else that I actually care about. And

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Speaker 1: then I started to like it. I don't know, it

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Speaker 1: was very unexpected, unplanned. Um, I started to like it.

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Speaker 1: And here I am fifteen years later when you first

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Speaker 1: were doing reviews for Forbes. Was it the new Honda

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Speaker 1: Accord or was it the was it the super cars?

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Speaker 1: It was? It was everything when I first started. Of course,

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Speaker 1: Matthew got the good quote unquote the good cars, the

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Speaker 1: exciting cars. He'd throw me yes you know, yes, yeah,

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Speaker 1: yeah exactly, which was great because you have to do

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Speaker 1: your time, you have to put put in the work,

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Speaker 1: learn the basics. It's not glamorous, even though it looks

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Speaker 1: it can look really glamorous, but a lot of it isn't.

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Speaker 1: And that's good. That's as it should be. Um. I

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Speaker 1: find it a very honorable trade. So yeah, of course

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Speaker 1: I would be in the Hondas and toyotas and forwards,

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Speaker 1: and sometimes I would ride along with Matthew while he did,

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Speaker 1: you know, review something more exciting. Um, and that slowly

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Speaker 1: changed over time. Wow, that's really interesting. Let's talk a

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Speaker 1: little bit about your process. First. I want to know

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Speaker 1: how you pick a car to review. I want to

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Speaker 1: know what the steps are, like, what sort of research

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Speaker 1: do you do? Is it a blank canvas or do

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Speaker 1: you do some background? Let's start first things first? How

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Speaker 1: do you pick which car you want to review? This

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Speaker 1: is a conversation I have with my editor a lot. Uh,

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Speaker 1: and we try to pick cars that are new on

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Speaker 1: the market and exciting for consumers. And by that I

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Speaker 1: mean we may not review an outie just because it's

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Speaker 1: not as exciting as something else. So we tried to

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Speaker 1: keep in mind newness, um, excitement, and also vehicles that

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Speaker 1: are pivotal for an automaker at that time, vehicles that

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Speaker 1: means something for that automaker either you know, it's a

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Speaker 1: do or die. Yeah, the first ever electric from Porsche,

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Speaker 1: although not really the first, as we've found out. You know,

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Speaker 1: there's there's some hybrids in their history, but um, yeah,

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Speaker 1: so new, exciting and a car that means something pivotal

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Speaker 1: for the automaker. Really the the criteria. Okay, so now

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Speaker 1: it's some random car and I will come back to

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Speaker 1: the Taycan later. I want to talk about that. But

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Speaker 1: it's some car. How do you go about it? Do

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Speaker 1: you approach it as a blank slate or do you

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Speaker 1: do a lot of homework? And my fear is reading

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Speaker 1: all the research might bias you a little bit. So

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Speaker 1: how do you go about that? I don't read any

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Speaker 1: other and often I couldn't if I wanted to, because

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Speaker 1: the cars that I get are not literally not even

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Speaker 1: on sale yet, um, but they're so lots of the

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Speaker 1: automotive press, there's lots of this car. Let's let's use

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Speaker 1: the Porsche as an example. There was the mission E,

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Speaker 1: which we've heard about for years, well good couple of years,

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Speaker 1: and then all the chatter that this was going into production,

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Speaker 1: and then the early photos that looked very much, very similar.

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Speaker 1: I mean, the production cars are never but this one

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Speaker 1: is relatively did a very good job. And it doesn't

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Speaker 1: hurt that the all the prototype cars and concept cars

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Speaker 1: were white, and then the debut car was white. I

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Speaker 1: mean even that that's a simple thing, but that is

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Speaker 1: calculated they're trying to It had a tighter belt line

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Speaker 1: and broader hips and front wheel wells. So you don't

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Speaker 1: read any of the stuff. So I I you use

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Speaker 1: a good word chatter. Um, I don't want chatter in

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Speaker 1: my head. I don't trust it. UM. It has to

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Speaker 1: be something real inside me. I trust my own judgment.

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Speaker 1: I don't want to read other people's take. UM, And

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Speaker 1: often I couldn't if I want to do. Because a

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Speaker 1: lot of these cars are have not been driven and reviewed.

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Speaker 1: They might have been covered like on data on debuts,

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Speaker 1: but not actually driven. UM. I'm a big believer that

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Speaker 1: cars should fulfill what automakers promise, and it's surprising how

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Speaker 1: rarely that happens. Sometimes. UM, I think a car should

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Speaker 1: fit it's what it's intended to do. The state statement

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Speaker 1: of intent from the automaker. Should be fairly priced compared

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Speaker 1: to others in this segment. Now maybe that's expensive, but

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Speaker 1: maybe that's a fair price compared to others in this segment. Um.

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Speaker 1: It should be able to do what it's intended to do.

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Speaker 1: How well does it achieve that goal? So I think

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Speaker 1: by that criteria, you could have a great experience in

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Speaker 1: a Mini Cooper that costs, you know, twenty or thirty

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Speaker 1: thousand dollars and you could have a great experience in

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Speaker 1: a Bentley Continental GT, one of my favorite cars from

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Speaker 1: last year. Car the costs over two dollars. Um. They

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Speaker 1: both can be amazing cars for what they're intended to do,

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Speaker 1: but they're very different things completely. How do you distinguish

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Speaker 1: between what the engineers and automotive designers promise and what

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Speaker 1: the marketing people promise, because there's often quite a lot

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Speaker 1: of daylight between the Yeah, I don't like marketing at all.

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Speaker 1: I mean, I think you have to do your best

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Speaker 1: as a reviewer to cut straight through that. I don't

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Speaker 1: watch car as I I don't have a TV. I

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Speaker 1: couldn't if I wanted to. I really try to keep

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Speaker 1: all of that out. UM. I often will read the

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Speaker 1: press release after I review the car, just to kind

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Speaker 1: of check and make sure that I get my facts straight.

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Speaker 1: The big thing for me is that I'm fair and accurate. UM.

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Speaker 1: It doesn't bother me if people disagree with my take

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Speaker 1: as a critic, that's fine. I love, of course, I

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Speaker 1: love having conversations. UM. I have sure automakers have said

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Speaker 1: that's unfair, but I do try to be fair and accurate.

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Speaker 1: So to your point about marketing, you know, I'll read

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Speaker 1: through the marketing materials mostly as a fact check after

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Speaker 1: I write the review, but before it's published. So now

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Speaker 1: let's let's I'm assuming you or the editor or somebody

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Speaker 1: reaches out to whoever Eston, Martin, Ferrari, whatever, they arrange

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Speaker 1: the car. All that's administrative stuff. Now it's review day,

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Speaker 1: and let's use um. The Bentley just mentioned one of

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Speaker 1: my favorite car is one of the most beautiful looking things.

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Speaker 1: They did such a spectactual job on the interior. But

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Speaker 1: hold that aside. You and if I remember that was

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Speaker 1: southern California, right, So you fly out to California, you

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Speaker 1: pick up the car at Bentley, tell us what that

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Speaker 1: day is like? The great thing about uh, this job?

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Speaker 1: And I admit this is a great perk. Often they

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Speaker 1: deliver the cars to me so I don't even have

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Speaker 1: to be Do they have the handler with you all day? No? No,

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Speaker 1: there there's a third party company that it's a press

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Speaker 1: management press fleet managers. Basically, they manage the press fleets

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Speaker 1: for a lot of automotive brands. So they'll and the

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Speaker 1: guy with the car and then hand it over and

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Speaker 1: he leaves you alone. That here the keys, trying to

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Speaker 1: mess it up, right, and and with that Bentley, I

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Speaker 1: actually it worked out perfectly because I drove that from

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Speaker 1: l A up to Carmel in advance of the Pebble

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Speaker 1: Beach auto shows, right, and so I you know, I

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Speaker 1: had it for multiple days. You really get a feel

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Speaker 1: of what it's like to live in these vehicles. So

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Speaker 1: you have that car. Is it out yet or is

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Speaker 1: this is still it's by now it's out At that

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Speaker 1: point versions was probably they were taking they're always taking orders,

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Speaker 1: but deliveries had not started. The reason I ask is,

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Speaker 1: so you're going to Pebble Beach with a really hot car.

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Speaker 1: I know it's but also Pebble Beach is the It's insane.

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Speaker 1: Nothing nothing will be shocking there. Nothing, no car will

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Speaker 1: be shocking there. I can just I mean, you kind

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Speaker 1: of blend in even in Bentley. So so you get

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Speaker 1: the keys to the car, Yeah, tell us take us

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Speaker 1: through the process. I try to just live in the

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Speaker 1: car as I would if I own the car. So

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Speaker 1: take it to the store. You know, how does it

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Speaker 1: feel to get gas? How does it feel to link

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Speaker 1: your bluetooth? How does it feel to go on a

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Speaker 1: hill climb up you know, you know, up Angeli's Crest

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Speaker 1: Highway highway to in California, and I did take that

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Speaker 1: car um up those hills. You it's like an elevation

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Speaker 1: of six thousand feet? Did you get to the top?

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Speaker 1: They've got not supercharged? Just just love that out right.

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Speaker 1: And this is a what Bentley is billing as a

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Speaker 1: grand tour, So they're so exactly they're they're saying. It

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Speaker 1: has all of the capacities of a car you can

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Speaker 1: live in day in and day out and take for

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Speaker 1: on a long trip, you know, over a weekend or

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Speaker 1: over a week and you're going to be equally comfortable

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Speaker 1: in that. But it still has the performance of a

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Speaker 1: sports car and a true sports car. So okay, all right,

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Speaker 1: I'll take that and do that and live in it.

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Speaker 1: So do you work with any sort of checklist and say, well,

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Speaker 1: I want to do this, and I like, what what

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Speaker 1: do you what sort of paces do you put this throat?

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Speaker 1: It's it's more of a mental checklist by now. I

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Speaker 1: used to have a list when I was just starting

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Speaker 1: out doing just because I wanted to make sure I

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Speaker 1: didn't forget anything that I would need for the review.

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Speaker 1: But now, of course, um, you look at efficiency, you

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Speaker 1: look at acceleration, how is the breaking, how is the

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Speaker 1: steering um efficiency? Really does anyone who buy that car

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Speaker 1: care about that? But other cars they might. For the

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Speaker 1: Bentley No, but V eight versus a W twelve, I mean,

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Speaker 1: they do make a W twelve version, and the power

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Speaker 1: bump is incremental I really like. Not that I've spent

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Speaker 1: much time in it, I know, but the super charge

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Speaker 1: of the eight just seems to make so much more sense.

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Speaker 1: I will tell you where the efficiency comes in. I

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Speaker 1: drove that car from l A to Carmel on one

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Speaker 1: tank of gass, which is insane. And half the people

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Speaker 1: I tell don't believe that that car has a giant

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Speaker 1: it's a giant car. But and it also yes, and

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Speaker 1: it cuts out two cylinders when you're cruising to help

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Speaker 1: improve efficiency, and that I think we talk about the

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Speaker 1: readers of Bloomberg. You know, these people are more concerned

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Speaker 1: concerned with saving time rather than saving me. So when

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Speaker 1: you talk about efficiency, if you put it in terms

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Speaker 1: of time saved difference, it does make a difference. And

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Speaker 1: that's where the type of buyer that might buy that

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Speaker 1: car actually does care about it, you know, the putting

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Speaker 1: putting a bank of cylinders into retirement um temporarily, which

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Speaker 1: I know even corvettes and other cars have done in

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Speaker 1: the past. Is one thing that is mostly on the

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Speaker 1: highway not noticeable, completely imperceptible. And the other thing I've

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Speaker 1: noticed so I always used to turn off the a

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Speaker 1: lot of cars you'll pull up to a rest start

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Speaker 1: and the whole car pet peeve of mine, so me

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Speaker 1: too until one of the new truck I have, which

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Speaker 1: is the new BMW X four. It's the first, and

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Speaker 1: it's really more of a crossover than a truck. It

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Speaker 1: looks like a giant car until you pull up next

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Speaker 1: to a real truck, It's like it's tiny, although the

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Speaker 1: X six seems to be immense. I love the X six,

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Speaker 1: and I know that's a polarizing car. And I tell you,

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Speaker 1: if you only have one car and you need a truck,

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Speaker 1: but you want something sporty, that's the way to go.

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Speaker 1: And the old one you had that fastback that used up.

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Speaker 1: The new one is more like an extended wagon. It's

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Speaker 1: much more rational than the old one. And I think

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Speaker 1: it's even better. And they made the interior very, very handsome,

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Speaker 1: but hold that aside. Yes, this is the first car

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Speaker 1: I've ever been in where the start stop is I

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Speaker 1: don't want to say imperceptible, but it's pretty good subtle.

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Speaker 1: The whole thing doesn't shudder in that annoying is the

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Speaker 1: button to turn this damn thing off? I'll tell you

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Speaker 1: where that's really weird when you're in a manual car.

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Speaker 1: There are some manuals that also had to stop start

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Speaker 1: half the time. I think somehow I killed it. My

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Speaker 1: wife's too. My wife as an m convertible, so everything

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Speaker 1: but the truck is a stick and the s l

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Speaker 1: but um, there's two really interesting features with the start stop.

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Speaker 1: If you put the clutch down and put it into

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Speaker 1: gear or the start stop goes on, or if you

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Speaker 1: hit the sport button, the start stop very unnerving. I

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Speaker 1: mean it, I just right. It feels like an electric car.

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Speaker 1: It's like, why is this so? But the the I

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Speaker 1: don't say older Mercedes, but a five years old Mercedes

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Speaker 1: and anything of that era. The whole car just shutters

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Speaker 1: and shakes, and it's it's just way too annoying to

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Speaker 1: make up a mile per gallon. So so there's that.

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Speaker 1: But but BMW seems to have figured that out in

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Speaker 1: the same way that GM figured out how to retire

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Speaker 1: to bank to It's not too two banks, it's just

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Speaker 1: one or two cylinders. And they do it in a

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Speaker 1: way that it's really not very noticeable, which is really

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Speaker 1: really interesting. All right, So you drive the car around

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Speaker 1: for a couple of days. Are you taking notes or

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00:19:54,480 --> 00:19:57,680
Speaker 1: is it all meant? Or I take notes? I actually

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Speaker 1: write emails to myself. I literally am typing emails. You know,

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Speaker 1: even how does the seats feel? How do the seats

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Speaker 1: feel after eight hours of driving? That's a big deal

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Speaker 1: as visibility, you know, the three quarter pillar behind my shoulder?

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Speaker 1: How does the bentley? It's terrible, it's bad, but but

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Speaker 1: the good news is nobody's behind ye. I mean, how

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Speaker 1: does the steering wheel feel? The most tactile? Simple things?

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Speaker 1: How easy is the interface with the ent attainment? How

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Speaker 1: quick does it? How long does it take me to

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Speaker 1: connect my bluetooth? I mean, how easy is the map

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Speaker 1: and navigation system? All of those things add up to

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00:20:37,880 --> 00:20:41,680
Speaker 1: the value of total experience? Yes, right, and and now

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Speaker 1: how significant is that relative to Hey, how does this

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Speaker 1: thing drive? Was it feel like when I bury the

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Speaker 1: great question? I think it's I really do because it

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Speaker 1: reminds me of that old quote. You know, people don't

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Speaker 1: remember how you treated them, they remember how you made

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Speaker 1: them feel some like. I think maybe I haven't thought

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Speaker 1: about this, so this is coming out raw, but it

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Speaker 1: could apply to cars that you know, um, the when

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Speaker 1: you walk away, unless you're really a professional, a truly

381
00:21:12,080 --> 00:21:15,240
Speaker 1: professional driver, you're gonna walk away with more of a

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00:21:15,280 --> 00:21:19,480
Speaker 1: general feeling about the car. Half of that feeling will

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Speaker 1: be a direct result from how it actually drove, but

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Speaker 1: the other half is going to be from other things.

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Speaker 1: I mean, see comfort, I think is a big deal

386
00:21:29,600 --> 00:21:33,880
Speaker 1: that that goes overlooked a lot. Shoulder room, especially for men.

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00:21:34,119 --> 00:21:37,800
Speaker 1: I actually think exactly right. I know, let's let's keep

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Speaker 1: up in the height. Um My brother six eight, so

389
00:21:40,760 --> 00:21:42,359
Speaker 1: we should talk about that. But I think it's an

390
00:21:42,400 --> 00:21:45,600
Speaker 1: advantage that I'm tall, because I do maybe I'm able

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00:21:45,640 --> 00:21:49,680
Speaker 1: to relate to more men. It's something to think about. Um,

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Speaker 1: all of those things, um impact how you feel about

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Speaker 1: a car, for sure, even the engine note I mean,

394
00:21:57,040 --> 00:22:02,640
Speaker 1: let's performance cars sound matters. I could not possibly agree more.

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Speaker 1: And the funny thing is, and we'll talk more about

396
00:22:07,040 --> 00:22:11,440
Speaker 1: my stupidity later, but both the so my X four

397
00:22:11,520 --> 00:22:15,480
Speaker 1: is the m X four point out and the previous

398
00:22:15,560 --> 00:22:20,480
Speaker 1: car was the mccon s. You went from Porsche to BMW. UM,

399
00:22:20,920 --> 00:22:24,000
Speaker 1: that's an interesting Well, let's have a digression briefly. And

400
00:22:25,280 --> 00:22:31,359
Speaker 1: so first I call this interface confusion and and you

401
00:22:31,359 --> 00:22:33,760
Speaker 1: know what, we'll come back to this because there's a

402
00:22:33,840 --> 00:22:37,119
Speaker 1: longer story about this, UM. But the bottom line was

403
00:22:38,119 --> 00:22:40,280
Speaker 1: my wife and I both like the mccan and she

404
00:22:41,440 --> 00:22:43,679
Speaker 1: but I liked it and she it was a lot

405
00:22:43,680 --> 00:22:46,000
Speaker 1: of quirky things that went wrong with it, and she

406
00:22:46,119 --> 00:22:50,040
Speaker 1: basically says no facts. So and we had two other BMW's,

407
00:22:50,320 --> 00:22:53,080
Speaker 1: so standardizing on I don't have to look where the

408
00:22:53,080 --> 00:22:56,879
Speaker 1: buttons are and just driving because she screams, I have

409
00:22:56,920 --> 00:23:00,720
Speaker 1: a terrible tendency to take my eyes off the road

410
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Speaker 1: and mess around. And when you go from an s

411
00:23:03,960 --> 00:23:09,120
Speaker 1: L to a Jeep to a M to a it's

412
00:23:09,160 --> 00:23:13,240
Speaker 1: just it takes too long to reorient yourself. The greatest

413
00:23:13,760 --> 00:23:18,080
Speaker 1: little toy that this car has is the lane notification,

414
00:23:18,720 --> 00:23:22,360
Speaker 1: and it doesn't make the horrible noise that not only

415
00:23:22,400 --> 00:23:26,520
Speaker 1: does it vibrate, but I think it vibrates on which side.

416
00:23:26,560 --> 00:23:31,320
Speaker 1: Do I love that? Really? Because I so I don't

417
00:23:31,320 --> 00:23:34,800
Speaker 1: pay attention to the lines in the road. I'm looking.

418
00:23:34,920 --> 00:23:37,520
Speaker 1: I'm looking for the current. No I'm looking for show

419
00:23:37,560 --> 00:23:39,880
Speaker 1: me where the entry to the turn is and where

420
00:23:39,880 --> 00:23:43,200
Speaker 1: I'm gonna accelerate out. I don't And if lines happens

421
00:23:43,200 --> 00:23:48,000
Speaker 1: across that, I'm looking for what's the best line through

422
00:23:48,040 --> 00:23:51,760
Speaker 1: the turn? Which occasionally scares the hell out of oncoming

423
00:23:51,840 --> 00:23:57,600
Speaker 1: drivers or my wife. And so when we got this UM,

424
00:23:57,640 --> 00:23:59,199
Speaker 1: I always had it off in the mechanic because it

425
00:23:59,240 --> 00:24:02,200
Speaker 1: just made this hot, horrible buzzing noise. But in this

426
00:24:02,359 --> 00:24:04,680
Speaker 1: it's a very subtle vibe. Now you could set it

427
00:24:05,080 --> 00:24:08,399
Speaker 1: in the controls soft, medium, hard. I want it hard.

428
00:24:09,119 --> 00:24:13,720
Speaker 1: And I'm not sure if this is UM me my

429
00:24:13,840 --> 00:24:16,720
Speaker 1: wishful thinking, but it feels like when you drift on

430
00:24:16,760 --> 00:24:19,520
Speaker 1: the right side, the right hand side five rates and

431
00:24:19,600 --> 00:24:22,800
Speaker 1: on the left hand the left hand and let me

432
00:24:22,840 --> 00:24:26,439
Speaker 1: tell you, it is really, really helpful. I don't know

433
00:24:26,520 --> 00:24:28,920
Speaker 1: if other people like it or don't. The same thing

434
00:24:28,960 --> 00:24:32,680
Speaker 1: with the cruise control. We rented a Nissan Maximum when

435
00:24:32,680 --> 00:24:35,280
Speaker 1: we were in Florida the other day and it had

436
00:24:35,320 --> 00:24:41,480
Speaker 1: the full UM right listen. It's not Tesla autopilot. But

437
00:24:41,640 --> 00:24:43,800
Speaker 1: we're stuck on one of the highways and bumper a

438
00:24:43,800 --> 00:24:47,080
Speaker 1: bumper traffic And I just put that on. Now, if

439
00:24:47,119 --> 00:24:50,359
Speaker 1: you stop for more than three seconds, it goes off,

440
00:24:50,800 --> 00:24:52,960
Speaker 1: which is really dumb because all of a sudden it

441
00:24:53,000 --> 00:24:56,040
Speaker 1: goes off and now you start lurging forward. Is terrible.

442
00:24:56,359 --> 00:24:59,679
Speaker 1: But these little nannies, if you're aware of them and

443
00:24:59,760 --> 00:25:02,959
Speaker 1: you him appropriately, it's only going to make driving safer

444
00:25:02,960 --> 00:25:05,119
Speaker 1: and better. And I think this goes to a bigger

445
00:25:05,160 --> 00:25:07,600
Speaker 1: point that there are two different there. It's a difference

446
00:25:07,640 --> 00:25:12,160
Speaker 1: between commuting and driving. And a lot of the times

447
00:25:12,200 --> 00:25:17,320
Speaker 1: that Americans spend in cars is actually commuting, sitting in traffic,

448
00:25:17,600 --> 00:25:21,080
Speaker 1: not engaged driving. And to your point, I would rather

449
00:25:21,160 --> 00:25:24,080
Speaker 1: just be driven if it's a commute, And if you

450
00:25:24,240 --> 00:25:26,880
Speaker 1: all the all the studies will show that the more

451
00:25:26,920 --> 00:25:29,520
Speaker 1: time you spend in a car commuting, the lower your

452
00:25:29,600 --> 00:25:32,800
Speaker 1: overall levels of happiness and life. I believe that. And

453
00:25:32,840 --> 00:25:35,680
Speaker 1: it's just think about your in California, think about the

454
00:25:35,680 --> 00:25:39,320
Speaker 1: people who are commuting in l a traffic. That's to live.

455
00:25:39,600 --> 00:25:42,639
Speaker 1: That's a lot of podcasts. Let's talk a little bit

456
00:25:42,680 --> 00:25:46,480
Speaker 1: about the collectible market, which over the past couple of

457
00:25:46,560 --> 00:25:50,920
Speaker 1: years has gone crazy. Yes, and tell us what you

458
00:25:51,000 --> 00:25:54,879
Speaker 1: see in that space. It's been so interesting. We've seen

459
00:25:55,320 --> 00:25:59,040
Speaker 1: the rise and then kind of the plateau of Portia,

460
00:25:59,440 --> 00:26:02,600
Speaker 1: especial the Porsche turbos from the nineteen seventies and had

461
00:26:04,680 --> 00:26:08,160
Speaker 1: exactly I mean ten years ago, less than ten years

462
00:26:08,200 --> 00:26:12,639
Speaker 1: ago you could buy uh, nineteen seventies era turbo for

463
00:26:14,000 --> 00:26:16,439
Speaker 1: now they're selling for over two thousand dollars. It's not

464
00:26:16,760 --> 00:26:21,000
Speaker 1: it's kind of insane. I think that plateau going at

465
00:26:21,080 --> 00:26:24,359
Speaker 1: least um, you know, the Scottsdale auctions are coming up

466
00:26:24,400 --> 00:26:26,399
Speaker 1: this month. I'll be going and I can't wait to

467
00:26:26,440 --> 00:26:28,960
Speaker 1: see how those do. But that's been interesting. We've seen

468
00:26:29,040 --> 00:26:32,480
Speaker 1: the rise of what they're calling like young timer cars,

469
00:26:32,880 --> 00:26:35,440
Speaker 1: which are basically the cars from the eighties and nineties

470
00:26:35,840 --> 00:26:39,600
Speaker 1: that anyone who grew up in the eighties and nineties

471
00:26:39,760 --> 00:26:41,800
Speaker 1: might have had on a poster on their wall. Now

472
00:26:41,880 --> 00:26:44,760
Speaker 1: these cars are becoming collectible. It's the old thirty year

473
00:26:44,800 --> 00:26:47,919
Speaker 1: cycle of It's it's the math the cars that the

474
00:26:48,040 --> 00:26:50,439
Speaker 1: cars that the forty five to fifth year old who

475
00:26:50,560 --> 00:26:53,840
Speaker 1: now have disposable income, yes, liked when they were in

476
00:26:53,920 --> 00:26:59,080
Speaker 1: high school. Suddenly now my question is that a diminishing group.

477
00:26:59,160 --> 00:27:04,280
Speaker 1: What happens years from now, when that generation has grown

478
00:27:04,359 --> 00:27:09,520
Speaker 1: up not caring about Camaros or or corvettes or even Ferraris.

479
00:27:09,600 --> 00:27:13,280
Speaker 1: We're already saying it. I mean, well, the guy, the

480
00:27:13,320 --> 00:27:16,840
Speaker 1: guys who want the muscle cars, you know, the Shelby's

481
00:27:16,840 --> 00:27:19,960
Speaker 1: and the Corvettes, the older corvettes and um, you know

482
00:27:20,040 --> 00:27:21,719
Speaker 1: the g T I mean g T fourties are kind

483
00:27:21,720 --> 00:27:25,920
Speaker 1: of their own thing. But um, these are not. These

484
00:27:25,960 --> 00:27:29,879
Speaker 1: are really low and really stable across the board completely. Um.

485
00:27:29,920 --> 00:27:33,640
Speaker 1: I mean, I think to your point about um, young

486
00:27:33,720 --> 00:27:36,880
Speaker 1: timer cars, we can we can see what muscle cars

487
00:27:36,920 --> 00:27:39,040
Speaker 1: are doing now and probably project that the same thing

488
00:27:39,080 --> 00:27:41,200
Speaker 1: will happen. But that will happen in twenty years from now.

489
00:27:41,480 --> 00:27:43,640
Speaker 1: I don't think. I don't see them stopping anytime soon.

490
00:27:43,720 --> 00:27:47,400
Speaker 1: I mean, at what point does the like there has

491
00:27:47,440 --> 00:27:51,720
Speaker 1: never really been a big decrease in art collectors that

492
00:27:52,600 --> 00:27:56,320
Speaker 1: from generation to generation you have enough money eventually, I

493
00:27:56,440 --> 00:27:59,359
Speaker 1: wanna roth co or O Jackson Pollock or whatever that

494
00:27:59,359 --> 00:28:03,159
Speaker 1: that seems to be Ramone or whatever the previous hundred

495
00:28:03,240 --> 00:28:07,200
Speaker 1: year thing was that is not showing any signs of waning.

496
00:28:07,680 --> 00:28:12,960
Speaker 1: But it seems like this has got some demographic issues coming.

497
00:28:13,119 --> 00:28:15,920
Speaker 1: It will be very interesting I will say I think

498
00:28:15,920 --> 00:28:19,080
Speaker 1: Ferraris will always be a blue chip by of course,

499
00:28:19,160 --> 00:28:22,359
Speaker 1: you know, Jaguar E types will always be blue chip cars.

500
00:28:22,400 --> 00:28:25,120
Speaker 1: The Aston Martin's from the sixties and seventies will always

501
00:28:25,240 --> 00:28:29,800
Speaker 1: be held very dearly. These are the perennial, but they're

502
00:28:29,800 --> 00:28:36,199
Speaker 1: so vehicles. So one thing that I'm watching which is

503
00:28:36,320 --> 00:28:39,320
Speaker 1: very interesting is these Group B cars. Are you familiar

504
00:28:39,320 --> 00:28:41,800
Speaker 1: with the like the Lancia, Deltas and the Pugos. There

505
00:28:41,800 --> 00:28:44,640
Speaker 1: were rally cars from the eighties that were raised for

506
00:28:44,680 --> 00:28:48,080
Speaker 1: like two years and a very hairball rally. The automakers

507
00:28:48,080 --> 00:28:50,040
Speaker 1: made only two hundred of them, so they're very rare.

508
00:28:50,240 --> 00:28:54,840
Speaker 1: They have been adopted by these obsessive cult of fans

509
00:28:55,160 --> 00:28:58,640
Speaker 1: who collect them, and they're paying six and seven figures

510
00:28:58,680 --> 00:29:02,520
Speaker 1: for cars that are very but are very desirable. So

511
00:29:02,600 --> 00:29:08,720
Speaker 1: let's let's apply that same framework. The sixties and seventies

512
00:29:08,760 --> 00:29:15,360
Speaker 1: Ford Brontos just off the chain. And the car that

513
00:29:15,680 --> 00:29:21,400
Speaker 1: I'm going to import myself from Bogada, Columbia is seventies

514
00:29:21,400 --> 00:29:25,120
Speaker 1: era Toyota f Jack. I really like those. I have

515
00:29:25,240 --> 00:29:29,120
Speaker 1: three people always. I have this grotesque orange crush two

516
00:29:29,200 --> 00:29:32,440
Speaker 1: doors with a stick, and people are always asking me

517
00:29:32,880 --> 00:29:35,680
Speaker 1: so that was a salvage title. I paid less than

518
00:29:35,760 --> 00:29:39,640
Speaker 1: twenty twenty grand all in a flood car as much

519
00:29:42,280 --> 00:29:45,640
Speaker 1: and it was I bought it a year old with

520
00:29:46,440 --> 00:29:48,720
Speaker 1: I want to say, fifteen thousand miles and I now

521
00:29:48,720 --> 00:29:50,840
Speaker 1: have forty miles. The only the only thing I had

522
00:29:50,840 --> 00:29:53,120
Speaker 1: to do is replace a handbrake and that was probably

523
00:29:53,160 --> 00:29:56,239
Speaker 1: my fault. So um, and the radio. The radio just

524
00:29:56,320 --> 00:29:58,280
Speaker 1: got replaced, which is a pain in the neck because

525
00:29:58,280 --> 00:30:01,440
Speaker 1: it's a crappy radio. And the factory it's like eight

526
00:30:01,560 --> 00:30:04,840
Speaker 1: hundred bucks. I found it somewhere for about But um,

527
00:30:05,640 --> 00:30:08,040
Speaker 1: the f J. If I'm going to have an old

528
00:30:08,040 --> 00:30:11,640
Speaker 1: wheel drive thing that I use occasionally, I wanted to

529
00:30:11,680 --> 00:30:13,760
Speaker 1: be a little more fun. And I really like that

530
00:30:14,160 --> 00:30:17,440
Speaker 1: those have gone not quite full blown crazy, but you

531
00:30:17,480 --> 00:30:22,040
Speaker 1: can find renovated versions of those going fort and people

532
00:30:22,120 --> 00:30:24,680
Speaker 1: dropped big V eights in those for no damn good

533
00:30:24,720 --> 00:30:27,440
Speaker 1: room completely And look at land Rubber bringing back the

534
00:30:27,480 --> 00:30:32,480
Speaker 1: Defender I used to And now what have you seen

535
00:30:32,520 --> 00:30:35,960
Speaker 1: the new one? The new Defender. I haven't seen it

536
00:30:36,000 --> 00:30:39,360
Speaker 1: in person, but I've seen pictures. Okay, it's interesting. It's

537
00:30:39,360 --> 00:30:41,960
Speaker 1: a very polarizing vehicle. But I think to your point,

538
00:30:42,560 --> 00:30:46,280
Speaker 1: the automakers are seeing the obsession with these old historic

539
00:30:46,360 --> 00:30:49,160
Speaker 1: models and they're bringing back for the Ford Broncos, the Ford,

540
00:30:49,480 --> 00:30:52,240
Speaker 1: the new Bronco coming. I used to love the Defender

541
00:30:52,360 --> 00:30:55,440
Speaker 1: ninety until I drove it and realized what a piece

542
00:30:55,440 --> 00:31:01,360
Speaker 1: of right that That interior is just so junkie. But

543
00:31:01,360 --> 00:31:05,320
Speaker 1: but those things are pretty bulletproof. They're unstoppable, and the

544
00:31:05,440 --> 00:31:08,240
Speaker 1: FJ has the same, the sort of troop benching in

545
00:31:08,280 --> 00:31:10,720
Speaker 1: the back where you could put four people without a

546
00:31:10,720 --> 00:31:13,560
Speaker 1: seatbelt a cross or six people in the back. I mean,

547
00:31:13,560 --> 00:31:16,040
Speaker 1: I always thought to defend their nineties were really tough looking.

548
00:31:16,080 --> 00:31:19,400
Speaker 1: And you know the British version, of course. I mean

549
00:31:19,480 --> 00:31:21,640
Speaker 1: the British are the ones who started it all. Really,

550
00:31:21,640 --> 00:31:25,120
Speaker 1: I mean the Safari anything, Safari over landing, I mean

551
00:31:25,480 --> 00:31:29,400
Speaker 1: going out on the hunt. This is so British, totally

552
00:31:29,840 --> 00:31:32,680
Speaker 1: so so. The other thing that's interesting in the collectible

553
00:31:32,760 --> 00:31:38,400
Speaker 1: world are these collector clubs where you could buy a

554
00:31:38,560 --> 00:31:44,120
Speaker 1: piece of a car and they financially engineer shares. I'm

555
00:31:44,200 --> 00:31:46,520
Speaker 1: skeptical of that. I'm curious as to yours too. I

556
00:31:46,520 --> 00:31:48,440
Speaker 1: don't know how they make money. And I did the story.

557
00:31:48,720 --> 00:31:52,760
Speaker 1: I did remember there's one called Rally road down here

558
00:31:52,800 --> 00:31:56,920
Speaker 1: in Soho. Nice guys, young young guys. I mean, I

559
00:31:56,960 --> 00:32:00,800
Speaker 1: think the the the oldest person in their on their

560
00:32:00,840 --> 00:32:03,800
Speaker 1: team is under Fording. I mean, they're all young, relatively

561
00:32:03,840 --> 00:32:06,040
Speaker 1: young guys. I don't know how they're making money. The

562
00:32:06,480 --> 00:32:09,520
Speaker 1: real estate alone to have their space on, you know,

563
00:32:09,640 --> 00:32:13,680
Speaker 1: on Lafayette Street and so must be ungodly. I don't

564
00:32:13,680 --> 00:32:16,120
Speaker 1: know how they're making money. Well, it doesn't work if

565
00:32:16,160 --> 00:32:19,400
Speaker 1: you have ten cars and a hundred investors, but at

566
00:32:19,440 --> 00:32:22,120
Speaker 1: a thousand cars and a million investors it scales up.

567
00:32:22,480 --> 00:32:25,600
Speaker 1: But even then that's a lot of mintlemen between an

568
00:32:25,640 --> 00:32:28,000
Speaker 1: investor in a car. I feel like they're banking on

569
00:32:28,160 --> 00:32:33,040
Speaker 1: the idea that people don't It's not an ownership society anymore.

570
00:32:33,080 --> 00:32:37,120
Speaker 1: To your point about millennials not driving right, there's certainly

571
00:32:37,520 --> 00:32:40,840
Speaker 1: a a feeling that people don't care about ownership. They

572
00:32:40,880 --> 00:32:43,160
Speaker 1: care about access. As long as I have something when

573
00:32:43,160 --> 00:32:46,800
Speaker 1: I need it, it doesn't matter if I actually exactly uber.

574
00:32:47,440 --> 00:32:50,640
Speaker 1: So they're the guys are there are hoping. That also

575
00:32:50,720 --> 00:32:54,280
Speaker 1: applies to collectible cars, which I don't know. I mean

576
00:32:54,280 --> 00:32:56,200
Speaker 1: now they're doing it with role Xes too. I noticed

577
00:32:56,280 --> 00:32:58,160
Speaker 1: Rally Road has some role x is listed what you

578
00:32:58,200 --> 00:33:01,440
Speaker 1: get to share a rolex. Come on the the other

579
00:33:01,520 --> 00:33:03,880
Speaker 1: thing I noticed, I forgot the name of the company,

580
00:33:03,920 --> 00:33:06,360
Speaker 1: but it's sort of like Airbnb for cars. You can

581
00:33:06,400 --> 00:33:10,920
Speaker 1: rent cars from other individuals. Yeah, that's it. And you know,

582
00:33:11,000 --> 00:33:12,640
Speaker 1: to me, before I buy a car, I want to

583
00:33:12,640 --> 00:33:16,080
Speaker 1: go out and try and half the cars I'm interested

584
00:33:16,120 --> 00:33:18,719
Speaker 1: and I can't rent anywhere. We should discuss bring a trailer.

585
00:33:18,920 --> 00:33:22,400
Speaker 1: Are you ever on that? Because when when you say

586
00:33:22,640 --> 00:33:24,320
Speaker 1: you want to go out and drive a car before

587
00:33:24,320 --> 00:33:27,280
Speaker 1: you buy it, but would you buy something off bring

588
00:33:27,280 --> 00:33:30,880
Speaker 1: a trailer. So I am on bring a trailer all

589
00:33:30,880 --> 00:33:35,800
Speaker 1: the time. And literally I was on the way here.

590
00:33:36,200 --> 00:33:40,200
Speaker 1: I logged in to look at a sixteen six thousand

591
00:33:40,200 --> 00:33:45,720
Speaker 1: mile Bentley GT that sends Friday. I was high bid

592
00:33:45,800 --> 00:33:49,760
Speaker 1: and starting to get so to me at even so

593
00:33:49,800 --> 00:33:51,840
Speaker 1: the new car comes out, the old cars dropping value

594
00:33:51,840 --> 00:33:55,080
Speaker 1: a little bit, but two year, three year old whatever

595
00:33:55,080 --> 00:33:57,200
Speaker 1: it's it's called three or four year old with less

596
00:33:57,200 --> 00:34:01,520
Speaker 1: than ten thousand miles, I'm thinking that's a d a car.

597
00:34:02,120 --> 00:34:05,800
Speaker 1: I'm high bid at seventy since or whatever it was

598
00:34:06,240 --> 00:34:10,080
Speaker 1: since Friday, and I'm starting to get nervous because the

599
00:34:10,160 --> 00:34:13,280
Speaker 1: last thing I need is a sixth car, and uh,

600
00:34:13,400 --> 00:34:15,680
Speaker 1: this morning I log on, I'm like, okay, someone else's.

601
00:34:16,280 --> 00:34:19,200
Speaker 1: So I've been on a bunch of cars. I won

602
00:34:19,400 --> 00:34:23,200
Speaker 1: one that didn't meet the reserve and I reached out

603
00:34:23,239 --> 00:34:25,279
Speaker 1: to the cellar and he never got back to me.

604
00:34:25,600 --> 00:34:27,200
Speaker 1: But in fact, that was an f J. I was

605
00:34:27,239 --> 00:34:30,839
Speaker 1: willing to fly to Oregon to pick it up. Um.

606
00:34:31,120 --> 00:34:35,440
Speaker 1: But you would buy those cars not having driven them, um,

607
00:34:35,560 --> 00:34:37,560
Speaker 1: Or this one from Columbia you're going to bring in.

608
00:34:37,640 --> 00:34:40,040
Speaker 1: So the one from Columbia is a long, crazy story.

609
00:34:40,160 --> 00:34:45,520
Speaker 1: A buddy who imports defenders from Spain. I was talking

610
00:34:45,560 --> 00:34:48,799
Speaker 1: to him about the FJ. Yes it is, and I

611
00:34:48,840 --> 00:34:50,560
Speaker 1: was talking to him about the f j's and I

612
00:34:50,560 --> 00:34:53,120
Speaker 1: showed him a bunch and I said, listen, I really

613
00:34:53,239 --> 00:34:56,239
Speaker 1: did this car. But I can't pull the trigger on

614
00:34:56,320 --> 00:35:00,360
Speaker 1: a forty something thousand dollar seventiesier car that I know is.

615
00:35:01,239 --> 00:35:04,440
Speaker 1: I don't mind spending money, but it can't be instant appreciation.

616
00:35:05,120 --> 00:35:08,280
Speaker 1: So he looked at a few of them and he said,

617
00:35:08,560 --> 00:35:10,879
Speaker 1: you know, all these are from South America and that's

618
00:35:10,880 --> 00:35:14,920
Speaker 1: where they're renovated. And I'm like, well, let's see if

619
00:35:14,960 --> 00:35:17,120
Speaker 1: we can find one. He goes, I have a brother

620
00:35:17,160 --> 00:35:21,120
Speaker 1: in law in Colombia. Well perfect, So we start looking

621
00:35:21,120 --> 00:35:25,239
Speaker 1: at one fast forward to the end. His red convertible

622
00:35:25,280 --> 00:35:28,680
Speaker 1: ships out this week, and that sort of sky blue

623
00:35:28,719 --> 00:35:30,200
Speaker 1: I don't know if you know the color with the

624
00:35:30,239 --> 00:35:34,319
Speaker 1: white top roofs. Classic. That's the one I have I'm

625
00:35:34,360 --> 00:35:37,319
Speaker 1: a fan of, with the black interior end. So if

626
00:35:37,400 --> 00:35:39,560
Speaker 1: this comes in, he goes, let me be the he goes,

627
00:35:39,600 --> 00:35:42,600
Speaker 1: I've supported dozens of cars. I'll be the test mule.

628
00:35:42,640 --> 00:35:45,840
Speaker 1: Let me bring one in. And the prices like half

629
00:35:45,840 --> 00:35:48,239
Speaker 1: of what you're gonna pay with shipping, So you have

630
00:35:48,320 --> 00:35:50,600
Speaker 1: to be willing to do something like that. But we

631
00:35:50,719 --> 00:35:53,239
Speaker 1: sent somebody to the factory in Columbia. He took a

632
00:35:53,320 --> 00:35:57,040
Speaker 1: video and sent it to it and he's and Columbia,

633
00:35:57,239 --> 00:36:01,239
Speaker 1: Columbia isn't what it was, you know, it's no longer, uh,

634
00:36:01,560 --> 00:36:05,359
Speaker 1: the days of cocaine cowboys in right, and and they

635
00:36:05,400 --> 00:36:07,880
Speaker 1: have all these cars that need to be need to

636
00:36:07,880 --> 00:36:12,040
Speaker 1: be retomed. So funny story about bring a trailer. You know,

637
00:36:12,120 --> 00:36:14,959
Speaker 1: you sign up for a new website, I for years

638
00:36:14,960 --> 00:36:18,160
Speaker 1: have been using my last name and some password, and

639
00:36:18,200 --> 00:36:21,759
Speaker 1: I just forget about it. And I kind of sometimes

640
00:36:21,800 --> 00:36:24,680
Speaker 1: forget you're not that seventeen year old idiot. You were, however,

641
00:36:24,719 --> 00:36:29,520
Speaker 1: many years ago. So if you click the star watch

642
00:36:29,600 --> 00:36:33,279
Speaker 1: this car, or you subscribe to a car, or you've

643
00:36:33,280 --> 00:36:35,120
Speaker 1: been on a car, there was just three different things.

644
00:36:35,239 --> 00:36:38,480
Speaker 1: We have three different So sometimes I don't want to

645
00:36:38,520 --> 00:36:40,920
Speaker 1: be notified every time one of these came up. Just

646
00:36:41,040 --> 00:36:42,799
Speaker 1: let me know what's going on with the comments and

647
00:36:42,800 --> 00:36:44,960
Speaker 1: bidding on this. And the best way to do that

648
00:36:45,040 --> 00:36:48,200
Speaker 1: is to put a bit on the car. So I

649
00:36:48,320 --> 00:36:51,759
Speaker 1: bid a hundred thousand dollars on I want to say

650
00:36:51,800 --> 00:36:56,000
Speaker 1: it was a Dino and I know, listen, these go

651
00:36:56,080 --> 00:36:59,560
Speaker 1: for three. I know I'm not getting that car, but

652
00:36:59,640 --> 00:37:02,160
Speaker 1: you want to be appraised of and I want to

653
00:37:02,160 --> 00:37:04,440
Speaker 1: just keep me in the loop. Yes, in the office,

654
00:37:05,160 --> 00:37:08,719
Speaker 1: we get emails from clients why is Hult's building a

655
00:37:08,760 --> 00:37:11,560
Speaker 1: hundred thousand dollars on cars? And it's like, no, no,

656
00:37:11,600 --> 00:37:13,439
Speaker 1: I'm not being a hundred thousand allars on a car.

657
00:37:13,840 --> 00:37:15,960
Speaker 1: I've been a hundred thousand dollars on a half million

658
00:37:16,000 --> 00:37:18,640
Speaker 1: dollar car that there's no way in God, Queen Earth

659
00:37:18,640 --> 00:37:22,600
Speaker 1: I'm gonna win. And if I do, fantastic free money,

660
00:37:22,960 --> 00:37:26,080
Speaker 1: but that's not gonna happen. So I had to go

661
00:37:26,320 --> 00:37:29,319
Speaker 1: change my name on. They were very nice. There's no

662
00:37:29,360 --> 00:37:31,200
Speaker 1: way to do it automatically. I had to reach out

663
00:37:31,200 --> 00:37:34,440
Speaker 1: to them and say, here's the situation. I wish Bring

664
00:37:34,520 --> 00:37:37,560
Speaker 1: a Trailer had an app. I'm shocked they don't, you know.

665
00:37:37,800 --> 00:37:40,840
Speaker 1: I spoke to the points guy who does all they're

666
00:37:40,840 --> 00:37:44,319
Speaker 1: coming out with an app. It's astonishing they haven't done

667
00:37:44,360 --> 00:37:47,320
Speaker 1: that yet. But they've been growing so quickly and maybe

668
00:37:47,440 --> 00:37:49,839
Speaker 1: I mean I've been trolling that site for I don't know,

669
00:37:50,040 --> 00:37:52,200
Speaker 1: two years, it two years. How long has that been around?

670
00:37:52,239 --> 00:37:56,480
Speaker 1: I think yes, So it's and I've kind of watched it.

671
00:37:56,480 --> 00:37:58,760
Speaker 1: It's not just the place to go sell a car.

672
00:37:59,560 --> 00:38:03,840
Speaker 1: It's a very spit right, and it's a really good community.

673
00:38:03,960 --> 00:38:07,680
Speaker 1: People are really really thoughtful in their comments. It's sort

674
00:38:07,719 --> 00:38:11,720
Speaker 1: of like what blogs were like twenty years ago. So um,

675
00:38:11,800 --> 00:38:15,840
Speaker 1: but you wrote about how how they are giving the

676
00:38:15,920 --> 00:38:18,960
Speaker 1: auction houses and run for money because you could sell

677
00:38:19,000 --> 00:38:21,319
Speaker 1: a half million dollar car there and and I a

678
00:38:21,440 --> 00:38:26,319
Speaker 1: giant big on it completely and I know you mentioned it.

679
00:38:26,400 --> 00:38:29,120
Speaker 1: A lot of the cars that don't sell when they

680
00:38:29,440 --> 00:38:33,200
Speaker 1: don't meet reserve are then sold off of Bring a

681
00:38:33,239 --> 00:38:36,760
Speaker 1: Trailer privately, and those transactions would have been happening in auctions,

682
00:38:37,080 --> 00:38:40,480
Speaker 1: you know, So it's completely changing the dynamic. The beauty

683
00:38:40,480 --> 00:38:43,200
Speaker 1: of the Internet is middle men who get to charge

684
00:38:43,200 --> 00:38:45,399
Speaker 1: a big fat fee. And this is true whether it's

685
00:38:45,840 --> 00:38:49,760
Speaker 1: finance or art auctions or whatever it is. They're under

686
00:38:49,800 --> 00:38:54,360
Speaker 1: pressure because the technology and the share of information makes

687
00:38:54,440 --> 00:38:58,200
Speaker 1: at least pricing middlemen unless needed. I know. And let's

688
00:38:58,200 --> 00:39:02,520
Speaker 1: not forget. Despite a champagne and chandeliers at a Gooding

689
00:39:02,600 --> 00:39:05,600
Speaker 1: or a Southern Bees or Bonham's auction, these are used

690
00:39:05,640 --> 00:39:08,600
Speaker 1: cars being sold by used car salesman. And I don't

691
00:39:08,680 --> 00:39:11,160
Speaker 1: mean that in a disparaging way. I just mean, let's

692
00:39:11,200 --> 00:39:13,520
Speaker 1: be real about what this really is. No matter how

693
00:39:13,560 --> 00:39:17,640
Speaker 1: much champagne or the beautiful trappings. When a two fifty

694
00:39:17,680 --> 00:39:20,560
Speaker 1: Ferrari goes off and it's twelve million dollars and there's

695
00:39:20,680 --> 00:39:24,200
Speaker 1: nine of them left with matching numbers, that's such a

696
00:39:24,360 --> 00:39:28,160
Speaker 1: one off, unique entity and the audience for that are

697
00:39:28,480 --> 00:39:30,879
Speaker 1: all right, which of the twenty seven people you can

698
00:39:30,880 --> 00:39:34,279
Speaker 1: afford this center interested are going to step up? It's

699
00:39:34,320 --> 00:39:37,600
Speaker 1: not a real market, it's not a real car. It's

700
00:39:37,600 --> 00:39:41,000
Speaker 1: it's something completely different, different thing, completely Yeah. So if

701
00:39:41,080 --> 00:39:43,080
Speaker 1: you were going to buy a car to keep for

702
00:39:43,120 --> 00:39:47,120
Speaker 1: the next fifty years. What car would that big? Well,

703
00:39:47,160 --> 00:39:51,759
Speaker 1: I was just given a car for my birthday. That's

704
00:39:51,800 --> 00:39:54,839
Speaker 1: a dangerous present. It's a dangerous present. But you know

705
00:39:54,920 --> 00:39:57,600
Speaker 1: the crazy thing is, here's a fun fact. I haven't

706
00:39:57,600 --> 00:40:01,080
Speaker 1: actually owned a car myself since I was in college,

707
00:40:01,440 --> 00:40:05,920
Speaker 1: which was fifteen is years ago. Um, this car I

708
00:40:06,000 --> 00:40:12,120
Speaker 1: got in November five sixty s L Mercedes black on black,

709
00:40:13,040 --> 00:40:15,879
Speaker 1: and I have admired them for a very long time,

710
00:40:16,000 --> 00:40:18,120
Speaker 1: so to answer, and that car lives in l A.

711
00:40:18,640 --> 00:40:23,920
Speaker 1: So the Mercedes that I have kind of been enamored

712
00:40:23,960 --> 00:40:27,319
Speaker 1: for is the prior generation, the pug to root the

713
00:40:27,400 --> 00:40:33,479
Speaker 1: late sixties, early seventies, depends on you know, a bunch

714
00:40:33,480 --> 00:40:37,120
Speaker 1: of with the stick. You can still find them for

715
00:40:37,360 --> 00:40:40,040
Speaker 1: nice condition. So one just want to bring a trailer

716
00:40:40,520 --> 00:40:44,160
Speaker 1: white on blue, white exterior, blue interior. But it was

717
00:40:44,200 --> 00:40:47,839
Speaker 1: an automatic, which doesn't excite me. Um, and I went

718
00:40:47,880 --> 00:40:52,640
Speaker 1: for about fifty and I've seen spectacular versions, black interior,

719
00:40:52,640 --> 00:40:55,920
Speaker 1: white exterior for about a hundred. And that's a lot

720
00:40:55,960 --> 00:41:01,480
Speaker 1: of wood, but it's just spectacular. So I got my

721
00:41:01,800 --> 00:41:05,800
Speaker 1: s L was a birthday gift from my wife almost

722
00:41:05,840 --> 00:41:09,440
Speaker 1: twenty years. We've got good partners here. I paid five

723
00:41:09,480 --> 00:41:13,040
Speaker 1: thousand dollars for it. Um, it needed some work, so

724
00:41:13,080 --> 00:41:17,080
Speaker 1: we did a top, half engine rebuild, replaced some exhaust,

725
00:41:17,120 --> 00:41:20,440
Speaker 1: did some transmission work. So maybe over twenty years. I'm

726
00:41:20,440 --> 00:41:23,520
Speaker 1: into the car for I don't know fifteen I'll never

727
00:41:23,680 --> 00:41:26,560
Speaker 1: And the interesting thing about the car is it came

728
00:41:26,640 --> 00:41:28,680
Speaker 1: with the heart, so it's a convertible, but it comes

729
00:41:28,719 --> 00:41:32,319
Speaker 1: with the hard top that has the electric sunroof, which

730
00:41:32,440 --> 00:41:35,520
Speaker 1: wasn't I learned later wasn't an aftermark. I was gonna

731
00:41:35,520 --> 00:41:38,200
Speaker 1: say that doesn't sound stock to me now, and um,

732
00:41:38,200 --> 00:41:39,920
Speaker 1: and I actually have two hard tops. I don't know

733
00:41:39,920 --> 00:41:44,120
Speaker 1: how that ended up getting accumulated, but once I got

734
00:41:44,360 --> 00:41:46,560
Speaker 1: all right, So let me back up. There's a lot

735
00:41:46,600 --> 00:41:48,880
Speaker 1: of funny stories about this. We all have car buddies,

736
00:41:48,880 --> 00:41:51,000
Speaker 1: we off people who spend time with and this is

737
00:41:51,000 --> 00:41:53,120
Speaker 1: supposed to be about you and not me, but I

738
00:41:53,160 --> 00:41:55,640
Speaker 1: know you're going to appreciate this story. So a good

739
00:41:55,640 --> 00:41:59,759
Speaker 1: car buddy suddenly passes away and we had kicked the

740
00:41:59,800 --> 00:42:03,279
Speaker 1: top a million cars. I have a hilarious story I

741
00:42:03,320 --> 00:42:06,840
Speaker 1: told that his funeral. He was an appraiser, had his

742
00:42:07,239 --> 00:42:10,440
Speaker 1: leg in a cast, and one day says to me,

743
00:42:11,440 --> 00:42:14,200
Speaker 1: put on what are you doing tonight? Nothing? He goes,

744
00:42:14,440 --> 00:42:17,320
Speaker 1: don't wear anything metal. We gotta go to Brooklyn and

745
00:42:17,320 --> 00:42:20,719
Speaker 1: look at a car, and long story short, I end

746
00:42:20,800 --> 00:42:25,360
Speaker 1: up driving a Ferrari to Sway and he's like, I

747
00:42:25,440 --> 00:42:28,920
Speaker 1: gotta test it. Step on the gas. So ninety miles

748
00:42:28,960 --> 00:42:32,960
Speaker 1: an hour on a Tuesday night shaking felt a lot

749
00:42:33,000 --> 00:42:39,160
Speaker 1: faster than whatever I was probably felt. But anyway, um,

750
00:42:39,200 --> 00:42:41,880
Speaker 1: So when he suddenly and unexpectedly passed away, it was

751
00:42:41,920 --> 00:42:44,640
Speaker 1: one of those It wasn't even a midlife crisis. It

752
00:42:44,719 --> 00:42:47,000
Speaker 1: was life is short? What are you waiting for? And

753
00:42:47,080 --> 00:42:50,200
Speaker 1: so I go out online and I start. All I

754
00:42:50,239 --> 00:42:53,080
Speaker 1: know is I want stick shift, horse power and convertible.

755
00:42:53,360 --> 00:42:56,160
Speaker 1: And I start hunting things down, and long story short,

756
00:42:56,800 --> 00:43:02,799
Speaker 1: I find in Indiana, just off of Lease a M

757
00:43:02,880 --> 00:43:07,520
Speaker 1: six convertible. Right now, now we talk about, you know,

758
00:43:07,680 --> 00:43:11,200
Speaker 1: Bentley as sort of a near sports car. So these

759
00:43:11,239 --> 00:43:14,799
Speaker 1: are five hundred sixty horsepower, but some people dino them

760
00:43:14,800 --> 00:43:17,879
Speaker 1: and their Corser two six, and it's just it's a

761
00:43:17,920 --> 00:43:20,880
Speaker 1: giant monstrosity. And knew, I want to say, it's like

762
00:43:20,880 --> 00:43:26,320
Speaker 1: a hundred and thirty. It's up for you know, low sixties.

763
00:43:26,360 --> 00:43:29,160
Speaker 1: A little haggling, um, I get a good price, I

764
00:43:29,200 --> 00:43:31,440
Speaker 1: have someone come look at it, and I get a

765
00:43:31,520 --> 00:43:34,239
Speaker 1: thirty page report and I call the guy up and

766
00:43:34,280 --> 00:43:38,160
Speaker 1: I'm like, listen, I appreciate the report bottom line for me, dude,

767
00:43:38,160 --> 00:43:40,879
Speaker 1: if you don't buy this car, I will, okay, So

768
00:43:41,000 --> 00:43:43,359
Speaker 1: for the core for the price of like a nice

769
00:43:43,400 --> 00:43:47,920
Speaker 1: Ford Explorer. I have this monstrosity in my garage. And

770
00:43:48,000 --> 00:43:51,520
Speaker 1: now my wife who drives a stick. When we were dating,

771
00:43:51,520 --> 00:43:54,320
Speaker 1: I told her to drive a stick. Um, I'm gonna

772
00:43:54,480 --> 00:43:56,080
Speaker 1: you have too much drink one night. You're gonna have

773
00:43:56,120 --> 00:43:59,480
Speaker 1: to drive the U UM. And she now is a

774
00:43:59,480 --> 00:44:04,280
Speaker 1: better either than I am. So she listen, I enjoy

775
00:44:04,440 --> 00:44:08,760
Speaker 1: driving a car. But it's that if you know the um.

776
00:44:08,960 --> 00:44:13,000
Speaker 1: This model's blue, not not the M three blue, but

777
00:44:13,080 --> 00:44:16,080
Speaker 1: it's like a really rich, almost purple blue with the

778
00:44:16,080 --> 00:44:20,360
Speaker 1: oyster interior. It's pure boy toy. She goes, you know,

779
00:44:20,719 --> 00:44:23,839
Speaker 1: it's a little long, it's a little loud. It's it's

780
00:44:23,880 --> 00:44:27,840
Speaker 1: she goes, I want something. She does. She I said,

781
00:44:28,239 --> 00:44:30,400
Speaker 1: what do you like? She goes, I really like the

782
00:44:30,480 --> 00:44:33,839
Speaker 1: one series and a convertible. They're adorable. And I said,

783
00:44:33,880 --> 00:44:37,400
Speaker 1: tell you what. They stopped making the One series and

784
00:44:37,480 --> 00:44:40,439
Speaker 1: they really updated it for the two series. Let's find

785
00:44:40,480 --> 00:44:42,840
Speaker 1: a two series. So long story short. I find a

786
00:44:42,840 --> 00:44:46,000
Speaker 1: guy in Florida who's back and forth between Florida and

787
00:44:46,040 --> 00:44:49,360
Speaker 1: the Pacific Northwest. He's got nine cars. He raises a bunch.

788
00:44:49,880 --> 00:44:52,759
Speaker 1: He got the M two thirty five. Now it's the

789
00:44:52,880 --> 00:44:57,800
Speaker 1: M two forty. I um as a convertible in Florida

790
00:44:57,840 --> 00:45:01,360
Speaker 1: when he moved there from the Northwest, And uh, I said, so,

791
00:45:01,400 --> 00:45:03,320
Speaker 1: why do you want to sell this with six thousand miles?

792
00:45:03,520 --> 00:45:05,359
Speaker 1: He goes, it's so damn hot here. I never get

793
00:45:05,400 --> 00:45:07,399
Speaker 1: to take the top down. We're in the truck all

794
00:45:07,400 --> 00:45:14,520
Speaker 1: the time, all right. So and this was done through Um,

795
00:45:14,520 --> 00:45:18,880
Speaker 1: it wasn't through bring a trailer. I found it through

796
00:45:20,840 --> 00:45:22,680
Speaker 1: one of the You know, if you look at all

797
00:45:22,719 --> 00:45:24,759
Speaker 1: the used car sites, they pretty much all have the

798
00:45:24,800 --> 00:45:29,399
Speaker 1: same list thing. I know, it's interesting. And and when

799
00:45:29,440 --> 00:45:32,800
Speaker 1: I put my sl on Facebook marketplace for a month,

800
00:45:33,400 --> 00:45:35,200
Speaker 1: you know there are people who out and scrape your

801
00:45:35,640 --> 00:45:39,480
Speaker 1: numbers and pretend to sell that is something else. So, uh,

802
00:45:39,560 --> 00:45:41,960
Speaker 1: it wasn't auto trader, but it was something like that.

803
00:45:42,000 --> 00:45:44,280
Speaker 1: It was one of those, uh, one of those sites,

804
00:45:44,520 --> 00:45:48,080
Speaker 1: and it worked out great. Um. And the funny thing

805
00:45:48,080 --> 00:45:52,920
Speaker 1: about Florida. Is they in the winter, all the big

806
00:45:53,000 --> 00:45:55,840
Speaker 1: tractor trailers go down there full and they come back empty.

807
00:45:55,880 --> 00:45:59,400
Speaker 1: So bring it back to New York in a covered

808
00:46:00,400 --> 00:46:04,080
Speaker 1: vehicle for like nine bucks, which is really uh. So

809
00:46:04,200 --> 00:46:08,040
Speaker 1: that's the second car, which is which explains why the

810
00:46:08,239 --> 00:46:12,719
Speaker 1: s L has to go. Um. The Porsche we had

811
00:46:12,760 --> 00:46:17,840
Speaker 1: all sorts of weird problems with occasionally. The so first

812
00:46:17,840 --> 00:46:22,280
Speaker 1: thing we got the car within a week the stitching

813
00:46:22,480 --> 00:46:25,719
Speaker 1: on the steering wheel. It didn't come loose, but there

814
00:46:25,800 --> 00:46:29,200
Speaker 1: was the whole thing. But there was this piece of

815
00:46:29,280 --> 00:46:31,680
Speaker 1: like it looks like fishing wire that used to like

816
00:46:31,719 --> 00:46:33,680
Speaker 1: it came out enough that you were it was always

817
00:46:33,719 --> 00:46:36,600
Speaker 1: hitting your hand. It was really annoying, and I called

818
00:46:36,600 --> 00:46:38,200
Speaker 1: on the mind like can I just clip this or

819
00:46:38,200 --> 00:46:40,719
Speaker 1: am I gonna damage it? No? No, let us do it.

820
00:46:41,040 --> 00:46:43,399
Speaker 1: I bring it to them. They swapped the whole steering wheel.

821
00:46:43,400 --> 00:46:46,240
Speaker 1: They don't even clip um. So that was the first problem.

822
00:46:46,280 --> 00:46:49,840
Speaker 1: The second problem was the liftgate sometimes decided not to

823
00:46:49,880 --> 00:46:53,960
Speaker 1: work like, which is a weird thing. Um. And then

824
00:46:54,000 --> 00:47:00,080
Speaker 1: the third thing, which was really a engineering error. That so,

825
00:47:00,080 --> 00:47:02,840
Speaker 1: so the nice thing about the about the cars, you

826
00:47:02,840 --> 00:47:04,840
Speaker 1: have the DVD, you have the satellite you have the

827
00:47:04,840 --> 00:47:07,799
Speaker 1: Bluetooth through your phone, you have the plug in for

828
00:47:07,840 --> 00:47:10,400
Speaker 1: the manual iPod, which no one even uses anymore because

829
00:47:10,440 --> 00:47:13,200
Speaker 1: the Bluetooth on the phone. And then there were these

830
00:47:13,239 --> 00:47:16,960
Speaker 1: two slots for s d RAM cards. And so rather

831
00:47:17,080 --> 00:47:20,160
Speaker 1: than bring the the phone or the iPod in, plug

832
00:47:20,200 --> 00:47:23,320
Speaker 1: it into the computer and update it with whatever I've added,

833
00:47:23,680 --> 00:47:26,040
Speaker 1: I would just throw twenty songs on the on this

834
00:47:26,440 --> 00:47:28,359
Speaker 1: and plug them in, and some of them you can

835
00:47:28,400 --> 00:47:32,400
Speaker 1: move to the hard drive on the car. And eventually

836
00:47:32,440 --> 00:47:35,560
Speaker 1: we so I couldn't figure out why the NAV was

837
00:47:35,640 --> 00:47:39,359
Speaker 1: crashing all the time. Events, So the first thing they did,

838
00:47:39,400 --> 00:47:41,400
Speaker 1: they bring it in and they do in an update.

839
00:47:42,120 --> 00:47:44,359
Speaker 1: The second time they do it, they bring it in

840
00:47:44,520 --> 00:47:47,160
Speaker 1: and they do a full wipe and rein software installed.

841
00:47:47,560 --> 00:47:50,200
Speaker 1: The third time they bring it in and they pull

842
00:47:50,239 --> 00:47:52,400
Speaker 1: it out and put a brand new one in, and

843
00:47:52,480 --> 00:47:57,200
Speaker 1: it's still happening. And then they eventually figure out it

844
00:47:57,280 --> 00:48:00,440
Speaker 1: wasn't the iPod, but it was the s d cards.

845
00:48:00,960 --> 00:48:04,920
Speaker 1: Whenever they designed that system seven years before, the s

846
00:48:05,000 --> 00:48:08,440
Speaker 1: d RAM cards were tiny, and now for eight dollars,

847
00:48:08,440 --> 00:48:11,680
Speaker 1: it's thirty two gigs, and it would just overwhelm the

848
00:48:11,800 --> 00:48:14,719
Speaker 1: memory buffer and crash the whole system, which is a

849
00:48:14,840 --> 00:48:19,880
Speaker 1: really weird little thing for a company that's now making

850
00:48:20,120 --> 00:48:24,560
Speaker 1: a purely electric car. A great point. I'm surprised to

851
00:48:24,560 --> 00:48:27,720
Speaker 1: hear that because the mccan is their best selling vehicle period.

852
00:48:28,239 --> 00:48:31,759
Speaker 1: I love the way it drove, um except for the

853
00:48:31,800 --> 00:48:36,120
Speaker 1: fact that in three years and let's call it thirty

854
00:48:36,160 --> 00:48:38,640
Speaker 1: two miles, I went through two sets of tires and

855
00:48:38,680 --> 00:48:41,400
Speaker 1: a pair of brakes, set of brakes. But I threw that.

856
00:48:41,480 --> 00:48:43,200
Speaker 1: I drove that car like it was a nine eleven.

857
00:48:43,239 --> 00:48:48,160
Speaker 1: I tossed that car and it you know, that car

858
00:48:48,320 --> 00:48:51,120
Speaker 1: never complains about anything. You take that on the highway

859
00:48:51,160 --> 00:48:53,319
Speaker 1: and thrown into a turn at eighty seven miles an hour,

860
00:48:53,360 --> 00:48:55,840
Speaker 1: and it's like, yeah, what else you get? It totally

861
00:48:56,000 --> 00:48:58,399
Speaker 1: was ready for anything. I know people who have done

862
00:48:58,440 --> 00:49:02,800
Speaker 1: the Porsche class whereas Alabama, or the driving in Atlanta

863
00:49:03,080 --> 00:49:06,799
Speaker 1: in the truck and um, they say, you just can't

864
00:49:06,800 --> 00:49:08,480
Speaker 1: imagine what this truck and do And I'm like, but

865
00:49:08,520 --> 00:49:11,080
Speaker 1: it's got such a high No it doesn't. It's it's

866
00:49:11,719 --> 00:49:14,560
Speaker 1: so um. I'd like to take the be I've done

867
00:49:14,560 --> 00:49:17,600
Speaker 1: the Skip barber Line Rock, I've done um, the one

868
00:49:17,640 --> 00:49:20,240
Speaker 1: at Sea Bring. I would like to do the BMW course.

869
00:49:20,440 --> 00:49:22,560
Speaker 1: I bet it's great. What what if those have you

870
00:49:22,600 --> 00:49:26,399
Speaker 1: played with UM from BMW or the driving courses? Yeah,

871
00:49:26,440 --> 00:49:30,640
Speaker 1: any of them UM, well, driving courses I've I've had

872
00:49:30,680 --> 00:49:33,480
Speaker 1: the chance to do a lot of laps with Ferrari,

873
00:49:33,640 --> 00:49:37,919
Speaker 1: Bentley Laborghini. So you have a professional driver sitting next

874
00:49:37,920 --> 00:49:42,960
Speaker 1: to you. It's basically private coaching, which is UM snow

875
00:49:43,040 --> 00:49:46,920
Speaker 1: driving imports. In nine eleven's UM with Porsche with literally

876
00:49:47,040 --> 00:49:49,719
Speaker 1: their their guy sitting next to you saying telling you

877
00:49:49,760 --> 00:49:53,960
Speaker 1: when to turn wind to break you know, gas gas gas, UM.

878
00:49:54,120 --> 00:49:58,359
Speaker 1: So Porsche, BMW, Bentley Asid Martin has got some great

879
00:49:58,440 --> 00:50:01,719
Speaker 1: driving classes to UM. The company's not doing very well,

880
00:50:01,800 --> 00:50:07,000
Speaker 1: but well they they've I think they overestimated, they overestimated demand.

881
00:50:07,040 --> 00:50:10,480
Speaker 1: They were laid on the dB X right. And I

882
00:50:10,560 --> 00:50:13,880
Speaker 1: have to tell you the concept car of the dB X,

883
00:50:13,920 --> 00:50:15,560
Speaker 1: I was ready to write a check, not that I

884
00:50:15,560 --> 00:50:18,960
Speaker 1: could afford it. I love the concept car, the concept

885
00:50:18,960 --> 00:50:22,560
Speaker 1: cars with the mechanic almost was right. It's essentially a

886
00:50:22,560 --> 00:50:26,080
Speaker 1: car that's a little elevated, a little bigger kind of

887
00:50:26,080 --> 00:50:29,000
Speaker 1: a crossover. And now the dB X is kind of

888
00:50:29,040 --> 00:50:33,120
Speaker 1: like a small suv. It's not that Hey, let's take

889
00:50:33,200 --> 00:50:36,960
Speaker 1: a a dB five and pump it full of drugs

890
00:50:36,960 --> 00:50:41,440
Speaker 1: and steroids and turn it into a small monstrosity. It's like,

891
00:50:41,560 --> 00:50:44,239
Speaker 1: all right, it's listen, it's beautiful. Don't be wrong. The

892
00:50:45,400 --> 00:50:48,600
Speaker 1: it just the exterior doesn't excite me. I'm the same.

893
00:50:48,640 --> 00:50:51,000
Speaker 1: And I think if you took the badges off the

894
00:50:51,040 --> 00:50:55,440
Speaker 1: Aston Martin Suv, the Jaguar f Pace, which is not

895
00:50:55,480 --> 00:50:56,880
Speaker 1: a bad car, which is not a bad it's a

896
00:50:56,920 --> 00:51:00,200
Speaker 1: great especially for the money, the Ford Mustang as UV,

897
00:51:00,360 --> 00:51:02,680
Speaker 1: which that's a whole other conversations. If you took the

898
00:51:02,680 --> 00:51:06,040
Speaker 1: badges off, they would look pretty interchangeable, which is really

899
00:51:06,040 --> 00:51:11,640
Speaker 1: too bad. But they're going towards the insatiable market midsize suv,

900
00:51:11,920 --> 00:51:14,719
Speaker 1: which is every year. I keep thinking, all right, this

901
00:51:14,760 --> 00:51:17,440
Speaker 1: is a year we're going to see at a people truck. Nope,

902
00:51:17,760 --> 00:51:21,080
Speaker 1: what do you think about the Bentley truck. It's gotten

903
00:51:21,120 --> 00:51:24,439
Speaker 1: better over the years. I mean, it's giants, it's it's

904
00:51:24,640 --> 00:51:31,040
Speaker 1: giant um, it's it's it's giving an option for the

905
00:51:31,080 --> 00:51:35,319
Speaker 1: Bentley enthusiast to have the Bentley suv. Do they come

906
00:51:35,320 --> 00:51:38,719
Speaker 1: with matching luggage and everything else. Yeah, it's smart of

907
00:51:38,760 --> 00:51:41,520
Speaker 1: Bentley to do because it means that they're devoted. Customers

908
00:51:41,600 --> 00:51:43,960
Speaker 1: don't have to go out of brand to get an suv.

909
00:51:44,080 --> 00:51:48,759
Speaker 1: It just keeps them at home. And it is Yes,

910
00:51:49,120 --> 00:51:51,879
Speaker 1: it's done great, especially in Europe and China. And it's

911
00:51:52,480 --> 00:51:55,440
Speaker 1: it's so expensive though I know it's insane, it's over

912
00:51:56,680 --> 00:51:58,680
Speaker 1: doesn't make any sense. I will, I will. I have

913
00:51:58,719 --> 00:52:02,759
Speaker 1: never admitted this publicly. I love. I'm not a lambo guy.

914
00:52:06,200 --> 00:52:09,839
Speaker 1: That's what the DBS should have done. Those proportions, which

915
00:52:09,920 --> 00:52:14,920
Speaker 1: is incredibly a punched up small sports car in an suv.

916
00:52:15,120 --> 00:52:17,600
Speaker 1: They did the launch of that car on a track

917
00:52:17,760 --> 00:52:21,480
Speaker 1: outside of Rome. It blew my mind. It was literally

918
00:52:21,520 --> 00:52:26,720
Speaker 1: a tract day for SUVs, but it was. It was insane,

919
00:52:26,760 --> 00:52:30,600
Speaker 1: even that yellow I hate yellow cars and it looks good.

920
00:52:30,880 --> 00:52:33,239
Speaker 1: It's at least say you hate it, but at least

921
00:52:33,239 --> 00:52:35,640
Speaker 1: it makes you feel something. It makes you feel like hate.

922
00:52:35,880 --> 00:52:40,760
Speaker 1: Anyone who says they hate that incredible. I would imagine

923
00:52:40,880 --> 00:52:45,040
Speaker 1: it's the best driving suv period anything, of any suv

924
00:52:45,120 --> 00:52:47,839
Speaker 1: I've driven ever, it's by far the best. And it

925
00:52:47,880 --> 00:52:51,759
Speaker 1: looks good, it sounds good. It's so cool, and it's expensive,

926
00:52:51,800 --> 00:52:54,280
Speaker 1: but it's not insane. It's not insane. It's not. It's

927
00:52:54,320 --> 00:52:56,560
Speaker 1: it's less expensive than the Bentley, less expensive than the

928
00:52:56,640 --> 00:52:58,839
Speaker 1: Rolls Royce. Obviously those are different vehicles, but they're still

929
00:52:58,880 --> 00:53:02,680
Speaker 1: big SUVs for big, big brand. So you mentioned the sound.

930
00:53:03,040 --> 00:53:05,120
Speaker 1: The one thing I will say about the McCann as.

931
00:53:05,239 --> 00:53:08,960
Speaker 1: I have had people come up to me and say, like,

932
00:53:09,000 --> 00:53:12,239
Speaker 1: I parked in the train station and they may not

933
00:53:12,280 --> 00:53:15,440
Speaker 1: see you where the car is, and just know when

934
00:53:15,480 --> 00:53:17,800
Speaker 1: you when you turn it on. And the next morning

935
00:53:17,840 --> 00:53:21,799
Speaker 1: someone said, what the hell are you driving? And I said, mccanna,

936
00:53:21,960 --> 00:53:25,479
Speaker 1: that's a little smallest Porsch truck they make, and he said,

937
00:53:25,520 --> 00:53:29,080
Speaker 1: it sounds like it's a giant. And the X four

938
00:53:29,200 --> 00:53:31,040
Speaker 1: is the same way you started up, and it's just,

939
00:53:31,560 --> 00:53:35,120
Speaker 1: you know, everybody's head turns. I have a friend who

940
00:53:35,120 --> 00:53:38,600
Speaker 1: bought a Plymouth hell Cat because he went to a

941
00:53:38,640 --> 00:53:42,960
Speaker 1: Dodge dealer for something else and something started and he

942
00:53:43,040 --> 00:53:46,160
Speaker 1: says the salesman they weren't there for a minivan, but

943
00:53:46,160 --> 00:53:48,040
Speaker 1: it was something like that. He goes, what the hell's that.

944
00:53:48,440 --> 00:53:50,719
Speaker 1: He goes, Oh, that's our our hell Cat. He goes

945
00:53:50,880 --> 00:53:53,800
Speaker 1: go go bring that over here, and his wife is like, oh,

946
00:53:53,840 --> 00:53:56,880
Speaker 1: dear lord, no, he had a Cayman he just sold it.

947
00:53:57,160 --> 00:54:01,000
Speaker 1: She thinks. Now he's in his dotage, he's chilling out.

948
00:54:01,400 --> 00:54:04,720
Speaker 1: They bring it over. It's purple, they go stick shift,

949
00:54:04,760 --> 00:54:07,319
Speaker 1: they go for a ride. He goes, I wasn't even

950
00:54:07,320 --> 00:54:09,040
Speaker 1: out of the parking lot when the car was sold.

951
00:54:09,040 --> 00:54:12,000
Speaker 1: It was done. Um And it's that sound. You first

952
00:54:12,000 --> 00:54:15,800
Speaker 1: hear that sound, and which is kind of interesting. We

953
00:54:16,040 --> 00:54:20,000
Speaker 1: talk about electric and I know the take can has

954
00:54:20,160 --> 00:54:22,200
Speaker 1: makes a noise, does make a noise. It's like a worrying,

955
00:54:22,280 --> 00:54:25,560
Speaker 1: humming sound. It's cool. It's optional, right, yeah, and it's

956
00:54:25,600 --> 00:54:30,399
Speaker 1: it's fabricated, but you can also hear road noise, which

957
00:54:30,480 --> 00:54:35,520
Speaker 1: adds to the experience. I don't necessarily think younger generations

958
00:54:35,520 --> 00:54:37,680
Speaker 1: are going going to care about a sound because they

959
00:54:37,680 --> 00:54:41,640
Speaker 1: didn't grow up with but the up video games and

960
00:54:42,200 --> 00:54:45,319
Speaker 1: even when you're driving an electric vehicle in a video game,

961
00:54:45,719 --> 00:54:51,440
Speaker 1: there's some futuristic hum that comes. Yes. Yes, So anyone

962
00:54:51,480 --> 00:54:54,399
Speaker 1: who says electric cars are silent, that's not accurate. There

963
00:54:54,440 --> 00:54:56,919
Speaker 1: is a sound. It's just a different sound than you're

964
00:54:57,040 --> 00:55:01,520
Speaker 1: used to. And I don't know, think about Formula a lot.

965
00:55:01,600 --> 00:55:04,120
Speaker 1: You know, it's like Formula one, but with electric cars

966
00:55:04,440 --> 00:55:07,839
Speaker 1: and they're really you know, automakers are really getting behind

967
00:55:07,840 --> 00:55:10,480
Speaker 1: it because it's kind of a testing ground. Sure technology

968
00:55:10,560 --> 00:55:12,640
Speaker 1: is just like Formula one is, and a lot of

969
00:55:12,680 --> 00:55:15,080
Speaker 1: old Formula one guys say I can never get into it.

970
00:55:15,080 --> 00:55:19,680
Speaker 1: It's just not visceral enough for me. Um, which I get.

971
00:55:20,000 --> 00:55:22,280
Speaker 1: But I also think anyone under the age of thirty

972
00:55:22,400 --> 00:55:24,920
Speaker 1: isn't going to care about that as much because I

973
00:55:24,960 --> 00:55:27,319
Speaker 1: didn't grow up with it. So that people I know

974
00:55:27,400 --> 00:55:30,719
Speaker 1: who've driven the take in turbo, I've said it's the

975
00:55:30,719 --> 00:55:35,600
Speaker 1: most plant You're right, and it's the most astonishing acceleration

976
00:55:35,680 --> 00:55:39,640
Speaker 1: they've ever had short of a three million dollars super right.

977
00:55:39,800 --> 00:55:42,719
Speaker 1: It's just um. And the funny thing is we talked

978
00:55:42,800 --> 00:55:46,719
Speaker 1: I'm talked about the M cars. I don't notice the

979
00:55:46,880 --> 00:55:50,520
Speaker 1: supposed piped in sounds that the MS have and you

980
00:55:50,560 --> 00:55:54,680
Speaker 1: can't defeat that. But it's so loud when you're out

981
00:55:54,719 --> 00:55:57,080
Speaker 1: of the car and with the top down. Yeah, I

982
00:55:57,120 --> 00:55:58,920
Speaker 1: don't know who or why they do that. Maybe a

983
00:55:59,080 --> 00:56:01,960
Speaker 1: M five is a different experience. I can't say I've

984
00:56:01,960 --> 00:56:05,000
Speaker 1: ever noticed it over the noise over the engine, over

985
00:56:05,040 --> 00:56:09,799
Speaker 1: the road, noise over the stereo. Um. But that talk

986
00:56:09,840 --> 00:56:15,560
Speaker 1: about visceral sensation two point six to sixties something like that. Yeah,

987
00:56:16,080 --> 00:56:21,160
Speaker 1: I mean that's motorcycle fest. That is I I like

988
00:56:21,320 --> 00:56:23,120
Speaker 1: to um. The other day I did this when it

989
00:56:23,160 --> 00:56:25,560
Speaker 1: was warm out, and my wife always rolls her eyes.

990
00:56:25,800 --> 00:56:30,200
Speaker 1: We pull up next to a Tesla and a woman

991
00:56:30,280 --> 00:56:32,240
Speaker 1: is driving it, and I look at her and smile

992
00:56:32,280 --> 00:56:36,799
Speaker 1: and just rev the and she smirks, and I know

993
00:56:37,040 --> 00:56:39,759
Speaker 1: that she knows she's gonna blow my doors off. I

994
00:56:39,840 --> 00:56:43,120
Speaker 1: don't know if she knows that. I know she's gonna blow.

995
00:56:43,560 --> 00:56:46,279
Speaker 1: So the light turns green. I love war rowing my

996
00:56:46,320 --> 00:56:49,080
Speaker 1: way through the gears. She's three carlings ahead of me

997
00:56:49,160 --> 00:56:50,799
Speaker 1: by the time we get to the next light, and

998
00:56:50,840 --> 00:56:52,600
Speaker 1: we pull up and I give her a thumbs up

999
00:56:52,960 --> 00:56:56,600
Speaker 1: and heart windows come down. I'm in the convertible and

1000
00:56:56,880 --> 00:56:59,840
Speaker 1: she goes, you don't look surprised. I go, I know

1001
00:57:00,120 --> 00:57:03,960
Speaker 1: that car can do. It's faster than a Lamborghini. It's there.

1002
00:57:03,960 --> 00:57:08,800
Speaker 1: My favorite videos on YouTube are the trucks. The Model

1003
00:57:09,080 --> 00:57:13,520
Speaker 1: X beating Ferraris in a drag strip. That's just hilarious. Now,

1004
00:57:13,520 --> 00:57:16,800
Speaker 1: what do you think of a cybertruck? Um, I don't

1005
00:57:16,800 --> 00:57:19,280
Speaker 1: think that's a real vehicle. I think that was a joke.

1006
00:57:19,720 --> 00:57:22,600
Speaker 1: That's like somebody's shop projects they've got you know, two

1007
00:57:23,280 --> 00:57:28,480
Speaker 1: plus orders. Well, but he gets free financing for future projects.

1008
00:57:28,960 --> 00:57:33,640
Speaker 1: Is brilliant. Although the day we're recording this, UM, there's

1009
00:57:33,720 --> 00:57:37,680
Speaker 1: a short seller whose website is called reality check that

1010
00:57:37,840 --> 00:57:42,280
Speaker 1: just put like a sixty page research pizza out on Tesla. UM,

1011
00:57:42,360 --> 00:57:45,120
Speaker 1: let's talk about tests. Uh, you know what, We're gonna

1012
00:57:45,120 --> 00:57:47,439
Speaker 1: come back to Tesla. I still want to stick with collectibles,

1013
00:57:47,960 --> 00:57:52,120
Speaker 1: so for for collecting my whole life, I have been

1014
00:57:52,240 --> 00:57:55,640
Speaker 1: this close to buying cars and for whatever reason don't

1015
00:57:55,880 --> 00:57:58,360
Speaker 1: and then they run in away from it. So I'll

1016
00:57:58,400 --> 00:58:02,760
Speaker 1: give you the four that I really so close and

1017
00:58:02,800 --> 00:58:05,080
Speaker 1: never did it. Had a buddy that was importing the

1018
00:58:05,240 --> 00:58:08,840
Speaker 1: eights from from Europe when the dollar was crazy strong

1019
00:58:10,280 --> 00:58:14,120
Speaker 1: two thousand and one bmw Z eight sixty dollars, didn't

1020
00:58:14,120 --> 00:58:17,520
Speaker 1: pull the trigger on it in early two thousand's what

1021
00:58:17,560 --> 00:58:20,520
Speaker 1: do they to to and change? Although they've kind of

1022
00:58:20,560 --> 00:58:26,520
Speaker 1: become garage queens people around. UM A hundred forty five

1023
00:58:26,560 --> 00:58:29,680
Speaker 1: thousand for an oh five for g T which what

1024
00:58:30,680 --> 00:58:33,760
Speaker 1: this this ten years ago? So the cars four years

1025
00:58:33,760 --> 00:58:36,280
Speaker 1: old with ten thousand miles on it, and that was

1026
00:58:36,400 --> 00:58:41,040
Speaker 1: before they spiked. Now, why didn't you go for that? Um?

1027
00:58:41,120 --> 00:58:43,720
Speaker 1: So it's funny. Of the four cars, I'm gonna mention,

1028
00:58:43,880 --> 00:58:46,600
Speaker 1: three of them came along as we were about to

1029
00:58:46,600 --> 00:58:50,720
Speaker 1: buy a house, and so it was always horrible. My

1030
00:58:50,840 --> 00:58:53,520
Speaker 1: favorite of which, so the first guy I worked for

1031
00:58:53,600 --> 00:58:57,560
Speaker 1: in finance, I won't mention his name, killing me um,

1032
00:58:57,600 --> 00:59:01,080
Speaker 1: but he's a bazillionaire and one day I get a

1033
00:59:01,080 --> 00:59:03,520
Speaker 1: phone call from him and he says, I need some

1034
00:59:03,640 --> 00:59:05,960
Speaker 1: room in my garage. Do you want my five fifty?

1035
00:59:06,280 --> 00:59:09,160
Speaker 1: And I'm like, the blue Ferrari that you have. That's

1036
00:59:09,160 --> 00:59:11,520
Speaker 1: a stick shift, isn't it. He's like, yeah, I gotta

1037
00:59:11,880 --> 00:59:15,160
Speaker 1: I just need some space. He's the very first world problems, right,

1038
00:59:15,560 --> 00:59:16,960
Speaker 1: And I said, what do you want for it? Because

1039
00:59:17,000 --> 00:59:18,920
Speaker 1: I don't know? When do you want me to pay you?

1040
00:59:18,960 --> 00:59:20,960
Speaker 1: Because I don't know. He goes figure out what it's

1041
00:59:21,000 --> 00:59:23,600
Speaker 1: worth forgot when you're gonna pay me? And come get

1042
00:59:23,640 --> 00:59:26,959
Speaker 1: this thing out of my garage. Okay. I come home

1043
00:59:27,000 --> 00:59:29,240
Speaker 1: from work and I said to my wife, Hey, we're

1044
00:59:29,240 --> 00:59:31,680
Speaker 1: taking Marty's Ferrari. He's gonna give it to us. She's like,

1045
00:59:31,840 --> 00:59:34,640
Speaker 1: you're an idiot. We're buying a car. Go to your

1046
00:59:34,640 --> 00:59:37,200
Speaker 1: buying a house. Go to your room, Like that's the

1047
00:59:37,240 --> 00:59:40,320
Speaker 1: sort of conversation we have. All right, I guess we're

1048
00:59:40,320 --> 00:59:44,439
Speaker 1: not getting Ferrari. But he like when someone says, now,

1049
00:59:44,480 --> 00:59:46,880
Speaker 1: the funny thing, how long ago was that this was

1050
00:59:47,120 --> 00:59:49,640
Speaker 1: just before they went crazy. So it was about a

1051
00:59:49,680 --> 00:59:54,720
Speaker 1: hundred thousand retail at that point. Um, it was a stick,

1052
00:59:54,800 --> 00:59:57,560
Speaker 1: but it was that nice. I forgot what that blue

1053
00:59:57,560 --> 01:00:01,320
Speaker 1: purple color is called with the coach interior. It was

1054
01:00:01,480 --> 01:00:05,240
Speaker 1: an aubergine. Yeah, it was spectacular. Um. And then they

1055
01:00:05,320 --> 01:00:07,320
Speaker 1: ran up to three hundred thousand, and now they're back

1056
01:00:07,360 --> 01:00:09,439
Speaker 1: down to a hundred. I don't know why that went

1057
01:00:09,560 --> 01:00:15,200
Speaker 1: kind of crazy. Um, probably smart that we didn't. Um.

1058
01:00:15,280 --> 01:00:19,960
Speaker 1: The other two cars, Ferrari Dino for sixty six, sixty

1059
01:00:20,040 --> 01:00:22,400
Speaker 1: seven something like that did have an engine in it.

1060
01:00:22,400 --> 01:00:26,240
Speaker 1: It ran, It needed work, but it ran. Um, they're

1061
01:00:26,480 --> 01:00:30,200
Speaker 1: three and uh, I call a Ferrari Dino when I

1062
01:00:30,200 --> 01:00:31,880
Speaker 1: know some people will knock me and call it a

1063
01:00:31,920 --> 01:00:37,560
Speaker 1: Fiat Dino, but come on, let's be Ferrari. The zero

1064
01:00:37,640 --> 01:00:41,680
Speaker 1: badging and arguably the most beloved of the ferraris most

1065
01:00:41,680 --> 01:00:45,120
Speaker 1: beautif very endearing. You're not. Someone else just said that

1066
01:00:45,200 --> 01:00:48,439
Speaker 1: recently and I and I was like, maybe, I mean,

1067
01:00:48,480 --> 01:00:52,000
Speaker 1: maybe it's arguable for sure. I mean the idea of

1068
01:00:52,040 --> 01:00:57,320
Speaker 1: a six the proportions are the three O eight was

1069
01:00:57,360 --> 01:01:00,640
Speaker 1: a pig. Come on, and those are going to go

1070
01:01:00,720 --> 01:01:06,600
Speaker 1: up in value. Drivers, They're slow, they're just And then

1071
01:01:06,640 --> 01:01:11,000
Speaker 1: magnum p I is not the right panache that you want.

1072
01:01:11,760 --> 01:01:13,680
Speaker 1: I don't think it might come around, all right, what

1073
01:01:13,720 --> 01:01:16,360
Speaker 1: do you think about the Daytona. I've always loved that.

1074
01:01:17,560 --> 01:01:21,480
Speaker 1: It's not I mean, it might could come around. Miami

1075
01:01:21,560 --> 01:01:25,240
Speaker 1: bias magnum pi. The Daytona was much prettier. I had

1076
01:01:25,240 --> 01:01:28,320
Speaker 1: a friend who had a four hundred um and that

1077
01:01:28,440 --> 01:01:31,880
Speaker 1: stick shift was a like bicycle cable. Like we were

1078
01:01:31,920 --> 01:01:34,000
Speaker 1: out on a rally with a bunch of one of

1079
01:01:34,040 --> 01:01:37,040
Speaker 1: the greatest sounds I've ever experienced in my life. I

1080
01:01:37,120 --> 01:01:40,000
Speaker 1: used to live on ninety les, which is Lex and seven,

1081
01:01:40,640 --> 01:01:42,600
Speaker 1: and I was a member of some car club and

1082
01:01:42,640 --> 01:01:44,960
Speaker 1: they would do these outings. And one day someone said

1083
01:01:45,000 --> 01:01:49,360
Speaker 1: to me, you know, while and plan a route, what

1084
01:01:49,400 --> 01:01:51,120
Speaker 1: do you want us to do? Take us out east?

1085
01:01:51,400 --> 01:01:53,680
Speaker 1: So I plan a route out to the Hamptons, back

1086
01:01:53,960 --> 01:01:57,960
Speaker 1: to a place called wolveswarf in in um Bayville. And

1087
01:01:58,000 --> 01:02:01,320
Speaker 1: it was a whole day of driving, and uh, one

1088
01:02:01,320 --> 01:02:04,160
Speaker 1: of the guys said um, you want to come. I'm like,

1089
01:02:04,160 --> 01:02:05,360
Speaker 1: I live in the city, I don't have a car.

1090
01:02:05,440 --> 01:02:09,080
Speaker 1: We'll pick you up. So six am on a Sunday morning,

1091
01:02:09,080 --> 01:02:13,000
Speaker 1: I go downstairs. There's a line of fourteen cars, um,

1092
01:02:13,040 --> 01:02:15,880
Speaker 1: mostly Ferraris, an M five and a Lambo, and I

1093
01:02:15,920 --> 01:02:18,160
Speaker 1: get into one of the cars and everybody has the

1094
01:02:18,200 --> 01:02:22,320
Speaker 1: whole route, and fourteen of these cars go screaming out

1095
01:02:22,400 --> 01:02:26,800
Speaker 1: the Midtown Tunnel on a Sunday morning, the greatest sound.

1096
01:02:27,080 --> 01:02:29,360
Speaker 1: Every like everybody had the windows now and it was

1097
01:02:30,040 --> 01:02:34,280
Speaker 1: it was just the noodles. So um. Anyway, the Dino

1098
01:02:34,680 --> 01:02:37,880
Speaker 1: was the third car, one of the earlier cars I missed,

1099
01:02:38,080 --> 01:02:41,840
Speaker 1: and then perhaps the most odd car. I'm looking at

1100
01:02:41,840 --> 01:02:46,120
Speaker 1: a fifty nine one s L and for people who

1101
01:02:46,200 --> 01:02:49,520
Speaker 1: don't know that car right so exactly, which is why

1102
01:02:49,520 --> 01:02:52,640
Speaker 1: I didn't buy it. So the one s L is

1103
01:02:52,880 --> 01:02:56,160
Speaker 1: more or less the same body as the three, which

1104
01:02:56,240 --> 01:02:59,840
Speaker 1: is the convertible version of the infamous goal wing Mercedes

1105
01:03:00,640 --> 01:03:04,720
Speaker 1: Kids Sister, which is perhaps the most beautiful car. I

1106
01:03:04,720 --> 01:03:08,320
Speaker 1: did the millimillion that car it was. I did two

1107
01:03:08,400 --> 01:03:12,760
Speaker 1: rallies in the Goaling Real Rally in Austria and then

1108
01:03:12,760 --> 01:03:17,840
Speaker 1: the Millimilia the next year, and incredible, and we thrashed

1109
01:03:18,000 --> 01:03:21,400
Speaker 1: that car day in and day out of fourteen hours

1110
01:03:21,400 --> 01:03:24,800
Speaker 1: a day, did not skip a beat, did not skip

1111
01:03:24,800 --> 01:03:27,120
Speaker 1: a beat, and we were hard on that thing. I mean,

1112
01:03:27,560 --> 01:03:30,920
Speaker 1: that is an emotional car. Incredible, absolutely, I've seen them

1113
01:03:30,960 --> 01:03:35,280
Speaker 1: in the wild numerous times. Um. What's interesting is if

1114
01:03:35,360 --> 01:03:37,760
Speaker 1: you go out to the wineries on the North Fork

1115
01:03:37,800 --> 01:03:41,080
Speaker 1: of Long Island, not during the weekends, not in the

1116
01:03:42,040 --> 01:03:45,240
Speaker 1: peak season, but you go out midweek or or during

1117
01:03:45,360 --> 01:03:48,920
Speaker 1: like off season, and you'll see various auto clubs out

1118
01:03:48,960 --> 01:03:52,160
Speaker 1: there and like it's a car show in the parking lot.

1119
01:03:52,240 --> 01:03:55,560
Speaker 1: It's just it's just absolutely astounding. So I the s

1120
01:03:55,760 --> 01:04:00,360
Speaker 1: l which was really rough. Um, okay, we go for

1121
01:04:00,400 --> 01:04:03,600
Speaker 1: about ten times that today. They're not the three hundred, clearly,

1122
01:04:03,640 --> 01:04:06,120
Speaker 1: which go for a million plus. But the shame that

1123
01:04:06,160 --> 01:04:10,560
Speaker 1: car so expensive the going because it is so Take

1124
01:04:10,640 --> 01:04:12,640
Speaker 1: any of these cars on the list, the g t

1125
01:04:13,320 --> 01:04:17,680
Speaker 1: Z eight, um, the Dino or or we'll leave them

1126
01:04:17,720 --> 01:04:21,920
Speaker 1: one s L out. People who own those, they don't

1127
01:04:21,960 --> 01:04:26,200
Speaker 1: really drive them because they keep appreciating too much. Isn't

1128
01:04:26,200 --> 01:04:29,080
Speaker 1: that the nature of the collectible market. That was once

1129
01:04:29,280 --> 01:04:33,760
Speaker 1: a car that gave people joy is now an object

1130
01:04:33,760 --> 01:04:35,520
Speaker 1: to art that sits in a garage. I was looking

1131
01:04:35,520 --> 01:04:38,720
Speaker 1: at the auction catalogs going into Scottsdale, and they've got

1132
01:04:38,760 --> 01:04:41,840
Speaker 1: a turbo at nine eleven turbo that has thirty four

1133
01:04:41,920 --> 01:04:45,840
Speaker 1: miles on it, three four brand new, never drivened, basically,

1134
01:04:45,840 --> 01:04:51,080
Speaker 1: never droned. Yeah, and that's to me, that's sad. That's

1135
01:04:51,080 --> 01:04:53,840
Speaker 1: too bad. That's just a hunk of metal. Cars are

1136
01:04:54,560 --> 01:04:56,240
Speaker 1: They're meant to be driven, and if you don't drive them,

1137
01:04:56,240 --> 01:05:00,240
Speaker 1: they're gonna they're going to um disintegrate anyway. Really, what

1138
01:05:00,280 --> 01:05:05,320
Speaker 1: do you think of the Singer? Very well done? Right, Well,

1139
01:05:05,360 --> 01:05:10,520
Speaker 1: that's a very diplomatic. Here's here's what I hear. Um,

1140
01:05:10,640 --> 01:05:13,360
Speaker 1: there are Singer guys who are bored of the Singer

1141
01:05:13,400 --> 01:05:18,680
Speaker 1: Porsche and they're searching for other ways to spend their

1142
01:05:18,840 --> 01:05:27,000
Speaker 1: millions of dollars exactly. So. Um. The guy who builds

1143
01:05:27,040 --> 01:05:31,360
Speaker 1: that rally car car, T J. Russell, built cars for

1144
01:05:31,440 --> 01:05:36,000
Speaker 1: Singer for years, for nine years, and he has said, look,

1145
01:05:36,520 --> 01:05:38,880
Speaker 1: I see the clients that go to Singer, and I

1146
01:05:38,920 --> 01:05:42,080
Speaker 1: see where they are now, and those guys are a

1147
01:05:42,120 --> 01:05:44,680
Speaker 1: little bit bored and annoyed with showing up at their

1148
01:05:44,720 --> 01:05:46,560
Speaker 1: cars and their local cars and coffee and there are

1149
01:05:46,560 --> 01:05:48,240
Speaker 1: two other singers in the lot. You know. The whole

1150
01:05:48,240 --> 01:05:50,880
Speaker 1: reason are they making that? I thought it was they've

1151
01:05:51,360 --> 01:05:55,840
Speaker 1: they've up production, which is um translate as no longer

1152
01:05:56,040 --> 01:05:59,600
Speaker 1: as valuable as you know, they make that ultralight dls

1153
01:06:00,320 --> 01:06:03,080
Speaker 1: UM singer to that goes for over a million. It's

1154
01:06:03,120 --> 01:06:07,520
Speaker 1: like a million eight which is interesting. Is it a

1155
01:06:07,560 --> 01:06:11,360
Speaker 1: skinny illuminium body? Is that what they do? Are you

1156
01:06:11,400 --> 01:06:13,240
Speaker 1: gonna put that on the track for a million dollars?

1157
01:06:13,320 --> 01:06:15,919
Speaker 1: Or which is that the whole four point? That car

1158
01:06:15,960 --> 01:06:18,080
Speaker 1: will not be driven. I can't imagine that it will

1159
01:06:18,120 --> 01:06:19,920
Speaker 1: be driven, will sit in a garage somewhere, which is

1160
01:06:19,920 --> 01:06:22,680
Speaker 1: too bad. So singer really well done. I think the

1161
01:06:23,000 --> 01:06:26,160
Speaker 1: guys that we're buying singers the real first adopters of

1162
01:06:26,200 --> 01:06:29,680
Speaker 1: that beautiful, amazing thing. They did really well. They're already

1163
01:06:29,680 --> 01:06:32,640
Speaker 1: onto the next They're already looking for other ways to

1164
01:06:32,720 --> 01:06:35,720
Speaker 1: spend their money. What else in the collectible space catches

1165
01:06:35,760 --> 01:06:40,520
Speaker 1: your eye? Um? Then the ferraris from the nineties, Yeah,

1166
01:06:40,600 --> 01:06:44,120
Speaker 1: like they have forty Yeah like there, I mean, yeah,

1167
01:06:44,280 --> 01:06:47,160
Speaker 1: I think they watch those. I would really watch those

1168
01:06:47,160 --> 01:06:51,720
Speaker 1: coming up. UM. And I also think, like the International

1169
01:06:51,800 --> 01:06:58,240
Speaker 1: Scouts UM harvesters. Back to our conversation about Broncos and

1170
01:06:58,600 --> 01:07:01,880
Speaker 1: throw those in my brother one Lebroncho. I'm like, yes,

1171
01:07:02,520 --> 01:07:06,160
Speaker 1: and um also land Rovers from the early nineties. Watch

1172
01:07:06,320 --> 01:07:08,400
Speaker 1: watch that space. I was just reading through all this

1173
01:07:08,440 --> 01:07:11,520
Speaker 1: haggardy data I'm telling, which, by the way, is a

1174
01:07:11,600 --> 01:07:15,680
Speaker 1: great site. You reach for free access for a ton

1175
01:07:15,720 --> 01:07:21,840
Speaker 1: of stuff. So it's just numbers. It's completely straight, unfettered numbers.

1176
01:07:21,880 --> 01:07:24,600
Speaker 1: It's really good. I was just looking at all their projections.

1177
01:07:24,880 --> 01:07:27,720
Speaker 1: I think, Yeah, land Rovers from the early nineties, huh yeah,

1178
01:07:27,920 --> 01:07:31,720
Speaker 1: that's really intriguing. So before we talk about the future

1179
01:07:32,240 --> 01:07:35,440
Speaker 1: of the automotive industry, you kind of duck the question.

1180
01:07:36,280 --> 01:07:38,160
Speaker 1: Pick any car you want, what would you buy to

1181
01:07:38,160 --> 01:07:41,000
Speaker 1: put away from the next thirty to forty years. That's

1182
01:07:41,040 --> 01:07:44,480
Speaker 1: a great question. And PS. Part of the reason I

1183
01:07:44,600 --> 01:07:47,520
Speaker 1: ended up with e M six was the fear stick

1184
01:07:47,560 --> 01:07:50,880
Speaker 1: shifts are going away if I don't buy one. Now,

1185
01:07:51,480 --> 01:07:54,240
Speaker 1: you know, you could get Jeeps and Porsches with them,

1186
01:07:54,280 --> 01:07:59,440
Speaker 1: but an increasingly smaller number of Porsches, um and BMWs

1187
01:07:59,520 --> 01:08:03,640
Speaker 1: but they're kinda and any Honda or Toyota in Japan,

1188
01:08:04,240 --> 01:08:06,760
Speaker 1: but they're going away here. So what would you get

1189
01:08:06,800 --> 01:08:15,320
Speaker 1: for yourself if within a reasonable budget. Well, but you know,

1190
01:08:15,480 --> 01:08:17,679
Speaker 1: you can get any type. There's a lot of beautiful

1191
01:08:17,720 --> 01:08:21,040
Speaker 1: cars you could get for under a quarter million dollars

1192
01:08:21,360 --> 01:08:25,160
Speaker 1: or well under a hundred thousand budget. Of course that's

1193
01:08:25,200 --> 01:08:29,280
Speaker 1: a huge The other car I was um bitting on

1194
01:08:29,280 --> 01:08:31,320
Speaker 1: on bring a trailer that I was afraid I was

1195
01:08:31,320 --> 01:08:37,240
Speaker 1: gonna win. Um was a thirty seven Chord, which is

1196
01:08:37,800 --> 01:08:42,960
Speaker 1: the most spectacular, those Auburn cords with the metal pipes

1197
01:08:43,000 --> 01:08:45,120
Speaker 1: coming out of the side and the coffin nose, and

1198
01:08:45,560 --> 01:08:49,320
Speaker 1: some of them had the fish tail boat tail back. Um.

1199
01:08:49,360 --> 01:08:51,280
Speaker 1: And for like a week, I'm like, when I now

1200
01:08:51,400 --> 01:08:53,639
Speaker 1: win this car? And then it ran up in price

1201
01:08:53,720 --> 01:08:56,920
Speaker 1: the last twenty minutes. Um. You know another car that

1202
01:08:57,000 --> 01:08:59,240
Speaker 1: I really like a gain. I don't think this is

1203
01:08:59,280 --> 01:09:02,479
Speaker 1: going to going to be a great investment, but but

1204
01:09:02,560 --> 01:09:05,320
Speaker 1: it's not like it right, I'm not talking about your

1205
01:09:05,400 --> 01:09:08,640
Speaker 1: grandkids inherenting, and I'm like, you're gonna drive this, and

1206
01:09:09,240 --> 01:09:11,000
Speaker 1: the last thing you do before you go into the

1207
01:09:11,000 --> 01:09:16,599
Speaker 1: home is yeah, do something with this. I just looked

1208
01:09:16,640 --> 01:09:21,160
Speaker 1: at one Car of the Year nineteen seventies six. I

1209
01:09:21,200 --> 01:09:25,920
Speaker 1: think European Sports European Car of the year. You are

1210
01:09:25,960 --> 01:09:29,519
Speaker 1: we talking the like early nineties with the the S

1211
01:09:29,560 --> 01:09:33,720
Speaker 1: plus S four plus center and the long Well you

1212
01:09:33,760 --> 01:09:35,680
Speaker 1: can do that too. I mean it had kind of

1213
01:09:35,680 --> 01:09:39,280
Speaker 1: a long run. But I'm talking. I'm talking late seventies.

1214
01:09:39,280 --> 01:09:42,439
Speaker 1: But great, great car. Which one did you look at? So?

1215
01:09:42,479 --> 01:09:46,800
Speaker 1: I think they're fun. I want to say this. I

1216
01:09:46,800 --> 01:09:50,160
Speaker 1: want to say it's a seventy nine. I remember my

1217
01:09:50,200 --> 01:09:53,040
Speaker 1: brother was looking. My brother was looking at a house

1218
01:09:53,720 --> 01:09:56,800
Speaker 1: and the guy had bought a car from him and

1219
01:09:56,840 --> 01:09:59,479
Speaker 1: he goes, oh, at my nine. I gotta guys, ninety

1220
01:09:59,720 --> 01:10:03,320
Speaker 1: I it's still driving a stick shift and he goes, right,

1221
01:10:03,520 --> 01:10:05,599
Speaker 1: I mean that's how I want to go out. And uh,

1222
01:10:05,800 --> 01:10:08,760
Speaker 1: he says, um, you want this car? I look them up.

1223
01:10:08,920 --> 01:10:11,840
Speaker 1: They're like four grands. That's the thing. You can get

1224
01:10:11,880 --> 01:10:15,920
Speaker 1: them for nothing. They don't cost a lot to make

1225
01:10:16,040 --> 01:10:20,400
Speaker 1: drivable and runnable. This is this is I don't know.

1226
01:10:20,439 --> 01:10:23,040
Speaker 1: I think they look really cool and spacey. They're very

1227
01:10:23,160 --> 01:10:29,639
Speaker 1: like seventies risky business, completely exactly good reference. And um,

1228
01:10:29,680 --> 01:10:32,599
Speaker 1: they're so comfortable. I've done a lot of desert drives

1229
01:10:32,600 --> 01:10:34,559
Speaker 1: and some that are just like you can drive for

1230
01:10:34,640 --> 01:10:37,599
Speaker 1: all day long and it's just kind of amazing. You're

1231
01:10:37,640 --> 01:10:41,200
Speaker 1: in like basically a bubble visibilities. And the irony is

1232
01:10:41,200 --> 01:10:44,760
Speaker 1: when those cars first came out, the purest hated them. Yeah,

1233
01:10:45,040 --> 01:10:50,640
Speaker 1: total elaboration is completely, completely, you know, totally just disgusting.

1234
01:10:51,320 --> 01:10:54,760
Speaker 1: And the car world is so snooty sometimes. I mean

1235
01:10:54,800 --> 01:10:57,920
Speaker 1: when you talk about that one nine Mercedes people people

1236
01:10:57,960 --> 01:11:00,479
Speaker 1: get so uptight or like a portion nine four teens.

1237
01:11:00,520 --> 01:11:02,320
Speaker 1: They always want to make sure that you've got the

1238
01:11:02,479 --> 01:11:06,240
Speaker 1: right you've got the right in. Well, there you go.

1239
01:11:06,560 --> 01:11:09,519
Speaker 1: I mean they are it's so snooty. I mean I

1240
01:11:09,600 --> 01:11:11,599
Speaker 1: just think by what you like and drive what makes

1241
01:11:11,600 --> 01:11:14,160
Speaker 1: you happen, right, I think that's really good advice. All right,

1242
01:11:14,160 --> 01:11:17,760
Speaker 1: So now let's talk about the future of the automobile

1243
01:11:17,800 --> 01:11:22,800
Speaker 1: industry where First, what does this deal with influencers? Wrote

1244
01:11:22,840 --> 01:11:26,639
Speaker 1: about that not too long ago. Are influencers really driving

1245
01:11:26,760 --> 01:11:29,559
Speaker 1: car sales? What do we sell sixteen million cars last year?

1246
01:11:30,080 --> 01:11:32,320
Speaker 1: How much of that is impacted by influence? I have

1247
01:11:32,439 --> 01:11:36,680
Speaker 1: yet to see numbers pointing to car sales. I have

1248
01:11:36,840 --> 01:11:40,120
Speaker 1: seen a lot of never numbers being driven pointed to

1249
01:11:40,600 --> 01:11:46,120
Speaker 1: brand awareness. So um, because nobody knows what Ferrari or

1250
01:11:46,240 --> 01:11:50,880
Speaker 1: Mercedes is, right, well, some people don't. You'd be surprised

1251
01:11:52,200 --> 01:11:55,080
Speaker 1: for McLaren you know, people may not know which what

1252
01:11:55,200 --> 01:11:57,360
Speaker 1: the new McLaren is the new If it's a G

1253
01:11:57,360 --> 01:12:00,240
Speaker 1: G T is in then also great car. I so,

1254
01:12:00,280 --> 01:12:02,280
Speaker 1: I tweeted this weekend, I went to pick up my

1255
01:12:02,400 --> 01:12:04,960
Speaker 1: family over for brunch. I go to my favorite little

1256
01:12:05,000 --> 01:12:08,120
Speaker 1: bagel store and I pull in. I pull in with

1257
01:12:08,160 --> 01:12:10,519
Speaker 1: the truck and I get out of the car and

1258
01:12:11,560 --> 01:12:13,559
Speaker 1: the truck next to me and I hear this noise.

1259
01:12:13,600 --> 01:12:15,519
Speaker 1: I'm like, what is that? And the truck next to

1260
01:12:15,560 --> 01:12:21,120
Speaker 1: me backs up and there is a guy McLaren Um,

1261
01:12:21,240 --> 01:12:26,960
Speaker 1: not the GT. It's it's running. There's nobody in the car.

1262
01:12:27,400 --> 01:12:32,080
Speaker 1: It's idling, and it's just that idol is insane. And

1263
01:12:32,120 --> 01:12:34,720
Speaker 1: I'm like, this is the most North Shore of Long

1264
01:12:34,760 --> 01:12:38,479
Speaker 1: Island thing ever. Picking up bagels. Take the McLarens. Yes,

1265
01:12:38,960 --> 01:12:42,280
Speaker 1: because it's you have the front. You can throw a

1266
01:12:42,320 --> 01:12:48,800
Speaker 1: dozen bags. It's a horrible. But influencers. So back to influencers,

1267
01:12:49,360 --> 01:12:54,200
Speaker 1: I don't know. I've definitely seen them change the way

1268
01:12:54,320 --> 01:12:59,200
Speaker 1: automakers interact with media and press. I can tell you

1269
01:12:59,360 --> 01:13:04,479
Speaker 1: stories of out um being seated at different tables and

1270
01:13:04,560 --> 01:13:07,559
Speaker 1: I would have been sat at during press dinners, and

1271
01:13:07,760 --> 01:13:13,880
Speaker 1: you know, I usually usually humbly, I say, I'm seated

1272
01:13:13,920 --> 01:13:17,639
Speaker 1: next to the CEO Automi Automotive dinners because I can

1273
01:13:17,640 --> 01:13:21,599
Speaker 1: talk to him, and it's part of your readers by

1274
01:13:21,640 --> 01:13:26,000
Speaker 1: their car, completely, not an Instagram influencer whose readers are

1275
01:13:26,040 --> 01:13:30,160
Speaker 1: fifteen year old boys in the surfing the web. And

1276
01:13:30,200 --> 01:13:33,360
Speaker 1: I humbly say that. You know, Bloomberg is a great company. There,

1277
01:13:33,439 --> 01:13:36,639
Speaker 1: there are proper standards of journalism. This, this doesn't happen

1278
01:13:36,680 --> 01:13:40,080
Speaker 1: by accident. We have a very good brand and reputation

1279
01:13:40,120 --> 01:13:44,439
Speaker 1: and ethics policy, etcetera, etcetera. Um, there have been some

1280
01:13:44,520 --> 01:13:49,440
Speaker 1: press things where I've I'm not sat by the executive

1281
01:13:49,520 --> 01:13:52,479
Speaker 1: and instead there's an influencer sitting there, and and I

1282
01:13:52,520 --> 01:13:54,760
Speaker 1: didn't really think anything of it, but I noticed it.

1283
01:13:55,160 --> 01:13:57,439
Speaker 1: And then um, a few weeks later, I was talking

1284
01:13:57,479 --> 01:14:00,280
Speaker 1: with another journalist of mine, someone from Motor Trend, and

1285
01:14:00,320 --> 01:14:02,360
Speaker 1: he's like, did you notice how all of the actual

1286
01:14:02,439 --> 01:14:05,920
Speaker 1: journalists were not sat next to the executives at that dinner?

1287
01:14:06,280 --> 01:14:07,960
Speaker 1: And I said, wow, that was I thought that was

1288
01:14:08,000 --> 01:14:09,280
Speaker 1: just me and I didn't want to be a diva,

1289
01:14:09,360 --> 01:14:13,200
Speaker 1: but yes, I did notice. It's very subtle, the shift,

1290
01:14:13,240 --> 01:14:15,600
Speaker 1: and it's it's only happened once or twice, but we

1291
01:14:15,720 --> 01:14:18,320
Speaker 1: do notice it. The other thing I noticed is that

1292
01:14:18,640 --> 01:14:22,920
Speaker 1: influencers and are now being given first looks at cars

1293
01:14:22,960 --> 01:14:27,000
Speaker 1: really where um, normally it would have been a journalist.

1294
01:14:27,120 --> 01:14:29,919
Speaker 1: So I don't know who's an influencer and who's a

1295
01:14:30,000 --> 01:14:34,519
Speaker 1: journal a journalist. That's especially with the vloggers. But there

1296
01:14:34,520 --> 01:14:38,160
Speaker 1: are two people I follow, one of whom I honestly

1297
01:14:38,200 --> 01:14:42,280
Speaker 1: don't even remember his name. But the person whose videos

1298
01:14:42,360 --> 01:14:44,519
Speaker 1: I watched pretty regularly. Let's see if you could guess

1299
01:14:44,520 --> 01:14:51,599
Speaker 1: who that is. Um, I don't know, oh really so yeah,

1300
01:14:51,920 --> 01:14:54,559
Speaker 1: So if there's a car I'm interested in and he's

1301
01:14:55,040 --> 01:14:59,160
Speaker 1: covered it, it's a pretty thorough Yeah. That's the closest

1302
01:14:59,200 --> 01:15:02,000
Speaker 1: thing to a strive without taking a test d completely

1303
01:15:02,120 --> 01:15:05,280
Speaker 1: And the insane thing are his videos get Like, I know,

1304
01:15:05,479 --> 01:15:09,360
Speaker 1: it's crazy, it's crazy, and you can't argue with the numbers. Like.

1305
01:15:09,560 --> 01:15:14,479
Speaker 1: These people definitely perform a much needed service. They're great

1306
01:15:14,520 --> 01:15:17,280
Speaker 1: at what they do. They don't do cameras in a course,

1307
01:15:17,920 --> 01:15:20,639
Speaker 1: so they're doing Bentley's in In fact, he just did

1308
01:15:20,640 --> 01:15:23,320
Speaker 1: the new band. Yeah, I read your review and then

1309
01:15:23,360 --> 01:15:26,120
Speaker 1: I went and watched and some of the quirks he

1310
01:15:26,240 --> 01:15:28,720
Speaker 1: does the quirks and what have you and some of

1311
01:15:28,720 --> 01:15:30,960
Speaker 1: the funny little things that he picks up. I'm like,

1312
01:15:31,360 --> 01:15:34,759
Speaker 1: I would never have found that it's good. The only

1313
01:15:34,840 --> 01:15:38,040
Speaker 1: but you have to commit the thirty minutes. Yes. The

1314
01:15:38,120 --> 01:15:41,280
Speaker 1: only difference that um I talked about in that story

1315
01:15:41,439 --> 01:15:44,000
Speaker 1: that I just am so aware of is the fact

1316
01:15:44,040 --> 01:15:49,480
Speaker 1: that journalists do not accept payment payments or free gifts

1317
01:15:50,000 --> 01:15:54,160
Speaker 1: from automakers. The minute you accept a payment, you're therefore

1318
01:15:54,160 --> 01:15:57,360
Speaker 1: employed by them, and that kind of implies that you're

1319
01:15:57,400 --> 01:16:01,519
Speaker 1: not free to say anything negative and that becomes marketing.

1320
01:16:01,680 --> 01:16:04,920
Speaker 1: And I noticed that Doug will occasionally be critical about stuff,

1321
01:16:04,920 --> 01:16:06,960
Speaker 1: which I like, Yeah, that's good. I take that as

1322
01:16:06,960 --> 01:16:09,720
Speaker 1: a good sign. It's scary when you can't tell the

1323
01:16:09,760 --> 01:16:13,840
Speaker 1: difference between someone who's literally paid by the automaker and

1324
01:16:13,920 --> 01:16:16,720
Speaker 1: someone who is paid by a third party like Bloomberg.

1325
01:16:16,800 --> 01:16:19,720
Speaker 1: So is not Beholden? Who is Spree? Who is the

1326
01:16:19,720 --> 01:16:22,640
Speaker 1: other guy you mentioned me? Tim? His name's Tim. He

1327
01:16:22,800 --> 01:16:28,559
Speaker 1: is British UH influencer car guy um I've seen google him.

1328
01:16:28,600 --> 01:16:30,920
Speaker 1: He has he's very popular as a lot of following.

1329
01:16:30,960 --> 01:16:34,679
Speaker 1: I've seen some British reviewers but kind of randomly finding

1330
01:16:34,720 --> 01:16:37,479
Speaker 1: them doing you know this is the old days of

1331
01:16:37,560 --> 01:16:41,599
Speaker 1: top gear, when it was fun. Um. People have now said,

1332
01:16:41,600 --> 01:16:43,080
Speaker 1: all right, let's just take a car out and show

1333
01:16:43,120 --> 01:16:45,320
Speaker 1: you what you can do. The other guy, I'm Joronah

1334
01:16:45,320 --> 01:16:48,559
Speaker 1: blanc on his name Chris Harris. Now, the other guy

1335
01:16:48,680 --> 01:16:51,920
Speaker 1: that I whose videos I occasionally watch, will go out

1336
01:16:52,120 --> 01:16:58,000
Speaker 1: and buy Salvage title Ferrari's, Lambo's Bentley's, and he's just

1337
01:16:58,040 --> 01:17:01,160
Speaker 1: a very articulate mechanic and he will put them back

1338
01:17:01,200 --> 01:17:03,599
Speaker 1: together and either keep them or sell them. But it's

1339
01:17:03,800 --> 01:17:05,639
Speaker 1: it's if you really want to get into the nitty

1340
01:17:05,640 --> 01:17:08,240
Speaker 1: gritty of what goes into And I bought a couple

1341
01:17:08,240 --> 01:17:10,920
Speaker 1: of Salvage title cars when I was looking for the

1342
01:17:10,920 --> 01:17:13,720
Speaker 1: stick shift them six there were two for sale, the

1343
01:17:13,760 --> 01:17:17,120
Speaker 1: blue one in Indianapolis and then a Salvage Title Red

1344
01:17:17,160 --> 01:17:20,240
Speaker 1: and coach one in Florida. And that car is just

1345
01:17:20,320 --> 01:17:23,519
Speaker 1: so chock full of electronics and everything else. I didn't

1346
01:17:23,520 --> 01:17:26,720
Speaker 1: want to mess with the Salvage title. My jeep. It's

1347
01:17:26,760 --> 01:17:31,920
Speaker 1: two hamsters on treadmill, it's right, that's right. Um. So

1348
01:17:31,960 --> 01:17:34,599
Speaker 1: the Salvage title was was more or less fine. And

1349
01:17:34,640 --> 01:17:38,320
Speaker 1: I just replaced all the electronics, all the electronic harnesses

1350
01:17:38,360 --> 01:17:42,000
Speaker 1: and the entire fuse box. So it's three different it's

1351
01:17:42,080 --> 01:17:45,000
Speaker 1: the the engine electronics, it's the fuse box, and then

1352
01:17:45,520 --> 01:17:48,280
Speaker 1: it's everything else, the lights, the brace whatever. So it

1353
01:17:48,360 --> 01:17:52,799
Speaker 1: really was not expensive to replace those pieces. And eventually

1354
01:17:52,880 --> 01:17:56,640
Speaker 1: you had to replace the brake pads. We had some

1355
01:17:56,720 --> 01:17:59,920
Speaker 1: rust on them, and I'm pretty sure I broke the

1356
01:18:00,120 --> 01:18:04,920
Speaker 1: parking break sometimes. I just I'm pretty sure your hand, right,

1357
01:18:04,960 --> 01:18:09,439
Speaker 1: I mean that was that was my but but basically, um,

1358
01:18:09,439 --> 01:18:15,559
Speaker 1: watching someone by, uh, what was the last car he did? Um? Oh,

1359
01:18:15,640 --> 01:18:18,680
Speaker 1: he brought a Rolls Royce, not the Wraith, but the

1360
01:18:18,760 --> 01:18:22,479
Speaker 1: car before that that. I think he paid eighty tho

1361
01:18:22,760 --> 01:18:25,840
Speaker 1: dollars for it, put about allars worth of work. And

1362
01:18:25,880 --> 01:18:28,920
Speaker 1: it's a two hundred and fifty used, two hundred and

1363
01:18:28,960 --> 01:18:32,719
Speaker 1: fifty thousand dollar car, and it's just spect I've I've seen.

1364
01:18:33,200 --> 01:18:36,080
Speaker 1: So I'm not a giant fan of the BMW I eight,

1365
01:18:36,680 --> 01:18:39,639
Speaker 1: but it's an interesting because of how it looks. I

1366
01:18:39,680 --> 01:18:42,960
Speaker 1: love how it looks. Needs a real engine, right, So

1367
01:18:43,000 --> 01:18:46,280
Speaker 1: if you're gonna make an electric hybrid and you know

1368
01:18:46,360 --> 01:18:47,880
Speaker 1: that should be an m car, do you give it

1369
01:18:47,960 --> 01:18:53,240
Speaker 1: credit for being really the first sports car hybrid? W

1370
01:18:53,400 --> 01:18:57,120
Speaker 1: really did beat pretty much everybody. But that's like a time.

1371
01:18:57,360 --> 01:18:59,799
Speaker 1: You know, it's a three cylinder, some silly little engine

1372
01:18:59,800 --> 01:19:02,280
Speaker 1: in I know, and they didn't have to go crazy.

1373
01:19:02,600 --> 01:19:04,800
Speaker 1: Just give me that M three straight six from the

1374
01:19:04,880 --> 01:19:08,760
Speaker 1: late nineties and he's happy. Right, I'll sign on there.

1375
01:19:08,800 --> 01:19:11,599
Speaker 1: So right, that would be a fabulous car. And it

1376
01:19:11,760 --> 01:19:15,439
Speaker 1: is spectacular. Um, I gotta ask you, since we're talking

1377
01:19:15,439 --> 01:19:19,000
Speaker 1: about future cars, what do you think of the new Corvette?

1378
01:19:20,160 --> 01:19:22,679
Speaker 1: Looks awesome? Yeah, I haven't driven anything a little busy.

1379
01:19:22,760 --> 01:19:24,599
Speaker 1: There's a lot of creases and curves in this and

1380
01:19:24,600 --> 01:19:26,760
Speaker 1: that I haven't driven it. I hope to drive it

1381
01:19:26,840 --> 01:19:31,320
Speaker 1: a month. Yeah, that's an interesting choice. A mean Lambeau

1382
01:19:31,360 --> 01:19:33,840
Speaker 1: and Ferrari say, I get it. I get it, and

1383
01:19:33,880 --> 01:19:38,240
Speaker 1: the uh looks cool. That's I'm waiting waiting to see.

1384
01:19:38,800 --> 01:19:41,200
Speaker 1: I hope to drive it. But I imagine that it's

1385
01:19:41,240 --> 01:19:43,640
Speaker 1: a Ferrari at half the price. Yeah, that's kind of

1386
01:19:44,040 --> 01:19:47,800
Speaker 1: I was actually I think it's eighty It was No.

1387
01:19:48,640 --> 01:19:52,880
Speaker 1: Nine and you're gonna want to just add a couple

1388
01:19:52,880 --> 01:19:54,640
Speaker 1: of things to it. I mean, you can take it

1389
01:19:54,720 --> 01:19:57,400
Speaker 1: up to a buck and a quarter. It's not necessary,

1390
01:19:57,479 --> 01:20:00,040
Speaker 1: but you go, that's a lot of cars and that

1391
01:20:00,200 --> 01:20:02,599
Speaker 1: is an icon and if you look back, I mean, okay,

1392
01:20:02,640 --> 01:20:05,760
Speaker 1: you've got the nine eleven, the um Ford Mustang, and

1393
01:20:05,840 --> 01:20:09,160
Speaker 1: the Corvette. Those are like the longest running sports cars

1394
01:20:09,600 --> 01:20:12,479
Speaker 1: in all all time that have been running continuously since

1395
01:20:12,479 --> 01:20:17,519
Speaker 1: they started. Like so, you mentioned the Tesla pick up,

1396
01:20:17,840 --> 01:20:20,240
Speaker 1: which I don't think look anything like that. I think

1397
01:20:20,240 --> 01:20:23,639
Speaker 1: that's a joke. Um, But let's talk about the Model

1398
01:20:23,680 --> 01:20:30,120
Speaker 1: three that is supposedly hurting BMW and Mercedes. I'm surprised

1399
01:20:30,160 --> 01:20:33,759
Speaker 1: to hear that their numbers. It's the best selling luxury

1400
01:20:33,760 --> 01:20:37,200
Speaker 1: car in America. I don't consider a model, but that's

1401
01:20:37,200 --> 01:20:41,880
Speaker 1: how a lot of people qualify. Yeah, okay, what do

1402
01:20:41,920 --> 01:20:43,519
Speaker 1: you think? Well, let's talk about Tesla. What are your

1403
01:20:43,560 --> 01:20:49,080
Speaker 1: thoughts on Elon Muskin? What Tesla has accomplished. I'm ground groundbreaking.

1404
01:20:49,280 --> 01:20:51,080
Speaker 1: And when I was at Forbes, I did a cover

1405
01:20:51,200 --> 01:20:54,040
Speaker 1: story on Elon and Spence. I read that Yeah six

1406
01:20:54,080 --> 01:21:00,000
Speaker 1: months basically, Yes, that's how I found you really got covered. Yeah.

1407
01:21:00,000 --> 01:21:02,880
Speaker 1: It was a phenomenal thing, and I couldn't believe the

1408
01:21:02,880 --> 01:21:04,679
Speaker 1: amount of access I had. I mean I was playing

1409
01:21:04,760 --> 01:21:07,160
Speaker 1: video games with him. That was early days before his

1410
01:21:07,240 --> 01:21:10,800
Speaker 1: team got wise to media. I mean I literally met

1411
01:21:10,840 --> 01:21:13,200
Speaker 1: his kids and was playing video games in his basement

1412
01:21:13,400 --> 01:21:16,679
Speaker 1: for a day in bel Air, and he was great.

1413
01:21:17,200 --> 01:21:19,479
Speaker 1: You know, we went everywhere. We drove around in the

1414
01:21:19,520 --> 01:21:23,559
Speaker 1: little Tesla roadster that they had way back, exactly way

1415
01:21:23,560 --> 01:21:29,719
Speaker 1: back when. Um So, I like Ellen as a person.

1416
01:21:30,160 --> 01:21:34,040
Speaker 1: I found him really likable and interesting and charismatic and funny.

1417
01:21:34,640 --> 01:21:38,679
Speaker 1: Um he's obviously brilliant. I don't think he's a con man.

1418
01:21:39,479 --> 01:21:42,920
Speaker 1: A lot of people there are a sub sect of

1419
01:21:43,920 --> 01:21:47,479
Speaker 1: traders and investors who would disagree with I know, I know,

1420
01:21:48,080 --> 01:21:51,960
Speaker 1: um you know I and the Solar City acquisition was

1421
01:21:52,000 --> 01:21:56,320
Speaker 1: a disaster. Yes, if we're talking only about Tesla, I

1422
01:21:56,360 --> 01:21:59,000
Speaker 1: think we have to give it full credit for changing

1423
01:21:59,040 --> 01:22:03,400
Speaker 1: the industry come completely. I have described Tesla as having

1424
01:22:03,439 --> 01:22:07,320
Speaker 1: already won get the stock. The world has changed because

1425
01:22:07,360 --> 01:22:11,960
Speaker 1: of full stop. The Porsche Taykon would not exist if

1426
01:22:11,960 --> 01:22:16,120
Speaker 1: Tesla didn't exist. Period. There's no way that Porscha would

1427
01:22:16,120 --> 01:22:19,080
Speaker 1: have been forced quote unquote. I don't think to come

1428
01:22:19,080 --> 01:22:23,760
Speaker 1: out with an all electric sports sedan unless they were

1429
01:22:23,840 --> 01:22:27,280
Speaker 1: unless for the precedent that was set. So let's talk

1430
01:22:27,320 --> 01:22:31,080
Speaker 1: about the Tykan. As long as we're we're talking about Tesla.

1431
01:22:31,760 --> 01:22:35,120
Speaker 1: UM actually back to Dunk Tomorrow had did a review

1432
01:22:35,120 --> 01:22:38,360
Speaker 1: of the car, and he talked about first of all,

1433
01:22:38,400 --> 01:22:42,120
Speaker 1: he lost his mind off the acceleration, but people said, hey,

1434
01:22:42,160 --> 01:22:46,240
Speaker 1: this turbo at five is an insane amount of money.

1435
01:22:46,280 --> 01:22:49,879
Speaker 1: But then he said, he goes, take the nicest Tesla

1436
01:22:49,920 --> 01:22:53,200
Speaker 1: you can find. There is a world of difference in

1437
01:22:53,760 --> 01:22:56,720
Speaker 1: the finished complete you get in this car. You know

1438
01:22:56,920 --> 01:23:00,360
Speaker 1: you're in a high end luxury car. It dry is great,

1439
01:23:00,360 --> 01:23:04,000
Speaker 1: it feels great, everything works. He goes, the Tesla is

1440
01:23:04,000 --> 01:23:08,760
Speaker 1: a very nice car, yes, but it's not this caliber

1441
01:23:08,800 --> 01:23:13,559
Speaker 1: of quality. It's the difference between UM tech guys, first adopter,

1442
01:23:13,720 --> 01:23:17,479
Speaker 1: Silicon Valley guys, um driving a car that they like

1443
01:23:17,960 --> 01:23:22,080
Speaker 1: and a car that true car people who are adults

1444
01:23:22,680 --> 01:23:25,840
Speaker 1: who know what real luxury and German engineering for the

1445
01:23:25,920 --> 01:23:31,120
Speaker 1: past seventy plus years have created. It's it. There is

1446
01:23:31,160 --> 01:23:35,360
Speaker 1: a difference. That Porsche by far is much nicer inside

1447
01:23:35,400 --> 01:23:37,320
Speaker 1: it just feels better. I love the idea of the

1448
01:23:37,320 --> 01:23:40,640
Speaker 1: auto updates over the air for the Tesla, the autopilot,

1449
01:23:41,120 --> 01:23:43,519
Speaker 1: what do they have five billion miles of auto pilot

1450
01:23:43,560 --> 01:23:47,479
Speaker 1: that's amazing. And then the concept that I at least

1451
01:23:47,560 --> 01:23:49,559
Speaker 1: as of today, it looks like Tesla's first to market

1452
01:23:49,600 --> 01:23:52,760
Speaker 1: with this that like your phone on a pad, that

1453
01:23:52,800 --> 01:23:54,840
Speaker 1: eventually there's a pad in your garage and you pull

1454
01:23:54,880 --> 01:23:56,800
Speaker 1: in and you're not even plugging the car and it

1455
01:23:56,880 --> 01:24:00,040
Speaker 1: just charges automatically. I remember when I was doing that

1456
01:24:00,200 --> 01:24:02,920
Speaker 1: story with Forbes. Ellen came to New York and we

1457
01:24:02,920 --> 01:24:05,559
Speaker 1: were driving around in a prototype of the Model Less.

1458
01:24:05,560 --> 01:24:08,599
Speaker 1: It hadn't even been to debut, which is which is

1459
01:24:08,760 --> 01:24:11,720
Speaker 1: still handsome, and he was talking some crazy to talk

1460
01:24:11,840 --> 01:24:14,960
Speaker 1: about how a car is really just a computer and

1461
01:24:15,040 --> 01:24:17,240
Speaker 1: the car is going to be And at the time

1462
01:24:17,280 --> 01:24:20,679
Speaker 1: I was like, I don't even really okay, but now

1463
01:24:20,960 --> 01:24:26,080
Speaker 1: he it is happening what he said, which is that

1464
01:24:26,400 --> 01:24:30,240
Speaker 1: cars are appliances in a way that a computer is

1465
01:24:30,280 --> 01:24:34,280
Speaker 1: an appliance. UM automobiles have been the second largest consumer

1466
01:24:34,280 --> 01:24:37,960
Speaker 1: of semiconductors for like fifteen or twenty years. I mean

1467
01:24:38,000 --> 01:24:41,200
Speaker 1: cars are rolling computers for a long time. The question

1468
01:24:41,280 --> 01:24:43,479
Speaker 1: is which comes first? You want him abible of the computer.

1469
01:24:43,960 --> 01:24:46,479
Speaker 1: He said, let's make the computer first and put it

1470
01:24:46,479 --> 01:24:50,679
Speaker 1: on wheels. Right, And the guy believes what he says. Now,

1471
01:24:50,840 --> 01:24:53,120
Speaker 1: other people may not believe him, but he is a

1472
01:24:53,160 --> 01:24:56,479
Speaker 1: true believer in what he says. So when he says

1473
01:24:56,520 --> 01:24:59,719
Speaker 1: he wants to colonize Mars. That is a genuine thing.

1474
01:25:00,120 --> 01:25:03,880
Speaker 1: For that's that's not gonna work because because the reason

1475
01:25:03,960 --> 01:25:11,080
Speaker 1: Mars is a desolate wasteland is they're liquid iron core

1476
01:25:12,000 --> 01:25:16,320
Speaker 1: cooled and solidified, and without a magnetic field around the planet,

1477
01:25:16,360 --> 01:25:19,960
Speaker 1: the solar wind just blows everything away. That's a longer

1478
01:25:20,240 --> 01:25:22,880
Speaker 1: digression we can have. So until you figure out a

1479
01:25:22,880 --> 01:25:26,760
Speaker 1: way to protect the planet from the ongoing radiation from

1480
01:25:26,800 --> 01:25:30,880
Speaker 1: space and gamma wis and the solar winds, it's a

1481
01:25:30,880 --> 01:25:35,559
Speaker 1: waste of time. Yes, My point is that he believes it.

1482
01:25:35,840 --> 01:25:38,519
Speaker 1: You know, whether or not we believe it, I don't know.

1483
01:25:38,560 --> 01:25:42,559
Speaker 1: I'm just spitballing here. Yes, yeah, completely um. And so

1484
01:25:42,640 --> 01:25:45,320
Speaker 1: when he talks about, you know, like electric cars for

1485
01:25:45,400 --> 01:25:50,200
Speaker 1: everyone at a relatively affordable level, he believes that he

1486
01:25:50,360 --> 01:25:53,800
Speaker 1: is here on this planet to do that. But he's done.

1487
01:25:53,960 --> 01:25:57,160
Speaker 1: If it hasn't happened yet, it's in the process of happening.

1488
01:25:57,560 --> 01:26:00,320
Speaker 1: And like everything from a BS to air eggs to

1489
01:26:00,360 --> 01:26:03,080
Speaker 1: crumple zones, it's going to start in the luxury cars

1490
01:26:03,080 --> 01:26:06,280
Speaker 1: and work their way down. Speaking of electric luxury cars,

1491
01:26:06,360 --> 01:26:08,040
Speaker 1: what do you I know you like the pull Star?

1492
01:26:08,160 --> 01:26:12,479
Speaker 1: What would you love it? Very fantastic, great looking car,

1493
01:26:12,760 --> 01:26:15,519
Speaker 1: very good looking, very good looking, very well put together.

1494
01:26:16,200 --> 01:26:19,479
Speaker 1: It's a Volvo car with Chinese money. So that's a

1495
01:26:19,520 --> 01:26:24,679
Speaker 1: great combination made in Sweden. Um beautiful. And now let's

1496
01:26:24,680 --> 01:26:29,960
Speaker 1: not forget yeah I think alright, So for forty dollars,

1497
01:26:29,960 --> 01:26:31,679
Speaker 1: would you go with the Taken or do you stick

1498
01:26:31,720 --> 01:26:33,439
Speaker 1: with the pull Star. I do Pull Star just to

1499
01:26:33,479 --> 01:26:36,880
Speaker 1: be different. That's not a knock against the Portie at

1500
01:26:36,920 --> 01:26:41,840
Speaker 1: all at all. Yes, a great car, that's not a

1501
01:26:41,880 --> 01:26:43,920
Speaker 1: knock at all. I would just choose the poll Star

1502
01:26:43,960 --> 01:26:46,160
Speaker 1: to be contrarian. But you know, let's not forget. The

1503
01:26:46,160 --> 01:26:48,000
Speaker 1: Pool Star is a hybrid, so it does it's not

1504
01:26:48,560 --> 01:26:51,080
Speaker 1: completely apples to apples. How long do you think we're

1505
01:26:51,080 --> 01:26:54,839
Speaker 1: gonna still have gasoline engines for? That's a great question.

1506
01:26:55,800 --> 01:26:59,880
Speaker 1: Years and years and yeah, at least at least I

1507
01:27:00,000 --> 01:27:01,960
Speaker 1: would say thirty years. All right, So let me rephrase

1508
01:27:02,000 --> 01:27:05,040
Speaker 1: that question. How far off in the future will half

1509
01:27:05,080 --> 01:27:07,639
Speaker 1: the cars on the road be. That's that's a good question.

1510
01:27:08,520 --> 01:27:13,120
Speaker 1: If you listen to automaker executives, they say five years.

1511
01:27:14,479 --> 01:27:18,160
Speaker 1: Porsche has already said half of their uh, half of

1512
01:27:18,200 --> 01:27:21,760
Speaker 1: their v sorry, all of their vehicles are going to

1513
01:27:21,840 --> 01:27:26,760
Speaker 1: offer a plug in option. You can change the X.

1514
01:27:26,920 --> 01:27:30,160
Speaker 1: The reason I won't pull the trigger on the X

1515
01:27:30,160 --> 01:27:32,880
Speaker 1: six is they won't even give you a hybrid option.

1516
01:27:33,520 --> 01:27:37,200
Speaker 1: And that's a giant car that gets three miles a gallon. Although,

1517
01:27:37,240 --> 01:27:40,679
Speaker 1: to be fair, the M six. The first time I

1518
01:27:40,800 --> 01:27:44,519
Speaker 1: saw an M six on the road was in um

1519
01:27:44,760 --> 01:27:49,040
Speaker 1: Quogue outside of this little brunch place. And I'll never forget.

1520
01:27:49,080 --> 01:27:51,639
Speaker 1: I asked the guy. I said, what is that? He goes, Oh,

1521
01:27:51,640 --> 01:27:53,439
Speaker 1: it's an M six, So how do you like it?

1522
01:27:53,920 --> 01:27:57,160
Speaker 1: And I swear this guy said this exact thing to

1523
01:27:57,200 --> 01:27:59,479
Speaker 1: my wife and ice. It's gotta be like fifteen years ago.

1524
01:27:59,720 --> 01:28:02,600
Speaker 1: He is, it goes very fast from gas station to

1525
01:28:02,680 --> 01:28:07,719
Speaker 1: gas station to your Bentley and um, it's absolutely true.

1526
01:28:07,760 --> 01:28:10,320
Speaker 1: And I love the program will settings and put it on.

1527
01:28:11,160 --> 01:28:14,519
Speaker 1: I call it um. I can't say it on the air.

1528
01:28:14,600 --> 01:28:19,000
Speaker 1: The you have two different programs settings. If you put

1529
01:28:19,000 --> 01:28:23,120
Speaker 1: it on the most aggressive sport plus on everything, you

1530
01:28:23,120 --> 01:28:27,640
Speaker 1: could literally watch the gas line go down. So the

1531
01:28:27,680 --> 01:28:30,519
Speaker 1: other electric car have to ask have you seen the

1532
01:28:30,600 --> 01:28:35,160
Speaker 1: Ribvian in person? They look really interesting, don't they do.

1533
01:28:35,520 --> 01:28:37,240
Speaker 1: And the other one that's very interesting to me is

1534
01:28:37,240 --> 01:28:40,080
Speaker 1: the Bollinger truck too. I haven't seen so an all

1535
01:28:40,120 --> 01:28:43,800
Speaker 1: electric truck. Electric trucks are very interesting because if you

1536
01:28:43,840 --> 01:28:46,800
Speaker 1: think about the fact that the best selling vehicle in

1537
01:28:46,840 --> 01:28:49,280
Speaker 1: the United States for the past thirty five years has

1538
01:28:49,280 --> 01:28:53,760
Speaker 1: been and everything is going electric, When are those two

1539
01:28:53,760 --> 01:28:56,960
Speaker 1: worlds going to collide? They already are that that is

1540
01:28:57,000 --> 01:29:00,439
Speaker 1: the world's class. Although we're seeing an endless run of

1541
01:29:00,479 --> 01:29:04,080
Speaker 1: electric supercars coming out at three million dollars. I know

1542
01:29:04,400 --> 01:29:10,080
Speaker 1: I can't that the batist is beautiful. Leave it to

1543
01:29:10,160 --> 01:29:12,880
Speaker 1: them to make the most beautiful electric car ever made,

1544
01:29:12,960 --> 01:29:14,840
Speaker 1: and they're unashamed saying, we just want to make a

1545
01:29:14,880 --> 01:29:19,000
Speaker 1: beautiful car, right. I love Italian. Yes, we have been

1546
01:29:19,040 --> 01:29:22,120
Speaker 1: speaking with Hannah Elliott. She is the Bloomberg columnist for

1547
01:29:22,280 --> 01:29:26,720
Speaker 1: automotive and supercars. If you enjoy this conversation, be sure

1548
01:29:26,720 --> 01:29:29,240
Speaker 1: and come back for the podcast extras, where we keep

1549
01:29:29,280 --> 01:29:33,439
Speaker 1: the tape rolling and continue discussing all things automotive. We

1550
01:29:33,560 --> 01:29:37,360
Speaker 1: love your comments, feedback and suggestions right to us at

1551
01:29:37,960 --> 01:29:41,080
Speaker 1: m IB podcast at Bloomberg dot net. Check out my

1552
01:29:41,120 --> 01:29:45,320
Speaker 1: weekly column on Bloomberg at Bloomberg dot com slash Opinion.

1553
01:29:45,400 --> 01:29:48,800
Speaker 1: Follow me on Twitter at Ridolts. I'm Barry Ritults. You're

1554
01:29:48,840 --> 01:29:54,840
Speaker 1: listening to Masters in Business on Bloomberg Radio. Welcome to

1555
01:29:54,880 --> 01:29:56,880
Speaker 1: the podcast, Hannah. Thank you so much for doing this.

1556
01:29:57,000 --> 01:30:00,360
Speaker 1: I've been I've been looking forward to this for while

1557
01:30:01,040 --> 01:30:06,639
Speaker 1: because friends and family who aren't crazy hardcore car geeks

1558
01:30:06,960 --> 01:30:10,840
Speaker 1: can only listen to me. The sickness isn't it. It's

1559
01:30:10,880 --> 01:30:14,200
Speaker 1: a little bit of an obsession. It's like, if you

1560
01:30:14,320 --> 01:30:16,680
Speaker 1: don't get it, you don't get it. And if you

1561
01:30:16,800 --> 01:30:22,040
Speaker 1: do what sickness, you just get sucked. Right. My mom

1562
01:30:22,360 --> 01:30:24,639
Speaker 1: has said the first word I ever said was car.

1563
01:30:25,479 --> 01:30:29,160
Speaker 1: And then I've had people say to me, wait, you

1564
01:30:29,320 --> 01:30:32,479
Speaker 1: got a Giant V eight, I go twin turbover you

1565
01:30:33,240 --> 01:30:36,960
Speaker 1: and they're like, aren't you concerned about the environment. I'm like,

1566
01:30:37,040 --> 01:30:40,040
Speaker 1: I'm very concerned about the environment, but I waited decades

1567
01:30:40,080 --> 01:30:44,519
Speaker 1: to be able to afford power. I will do carbon

1568
01:30:44,600 --> 01:30:47,000
Speaker 1: offsets elsewhere, but I am. And it's not like this

1569
01:30:47,080 --> 01:30:49,960
Speaker 1: is my daily driver. I put two thousand miles a

1570
01:30:50,040 --> 01:30:53,080
Speaker 1: year or maybe more, maybe four thousand. It's the weekend car,

1571
01:30:53,360 --> 01:30:57,400
Speaker 1: and that car means something. You know something This weekend

1572
01:30:57,520 --> 01:30:59,639
Speaker 1: it's going to be sixty five degrees and I will

1573
01:30:59,680 --> 01:31:01,960
Speaker 1: have this car out with my line in the sands

1574
01:31:01,960 --> 01:31:06,719
Speaker 1: is fifty degrees, my wife's sixty. But top down, top scarf.

1575
01:31:06,920 --> 01:31:09,759
Speaker 1: Are you a scarf person? Um? I have a scarf

1576
01:31:09,840 --> 01:31:13,000
Speaker 1: with me, But what I will do is dress appropriately,

1577
01:31:13,640 --> 01:31:18,639
Speaker 1: like I'm not snoopy chasing the red bar. But um,

1578
01:31:18,760 --> 01:31:21,280
Speaker 1: for my birthday, I have these beautiful my wife got

1579
01:31:21,280 --> 01:31:25,920
Speaker 1: me these beautiful British racing gloves and I you know

1580
01:31:26,000 --> 01:31:28,360
Speaker 1: the problem with those is that all the cars have

1581
01:31:28,439 --> 01:31:32,280
Speaker 1: heeded steering wheels, so you don't you don't really need

1582
01:31:32,360 --> 01:31:35,080
Speaker 1: them as much as you used to. But the heated

1583
01:31:35,160 --> 01:31:38,920
Speaker 1: seats the so the one thing this car doesn't have.

1584
01:31:39,080 --> 01:31:43,000
Speaker 1: The air scarf is with the class Mercedes, and it's

1585
01:31:43,040 --> 01:31:47,080
Speaker 1: just because that's where it makes a huge difference. I know,

1586
01:31:47,160 --> 01:31:48,920
Speaker 1: I've been in that car and I'm like, wow, I

1587
01:31:48,960 --> 01:31:51,720
Speaker 1: know it's really it's really kind of genius. Yeah, I

1588
01:31:51,800 --> 01:31:55,559
Speaker 1: kind of the thing that pops up over the top

1589
01:31:55,600 --> 01:31:58,240
Speaker 1: of the windscreen. I don't know if that really does much.

1590
01:31:58,760 --> 01:32:01,000
Speaker 1: And I'll tell you what makes a huge difference in

1591
01:32:01,000 --> 01:32:05,519
Speaker 1: in the six and the two. So there's this interior

1592
01:32:06,000 --> 01:32:09,080
Speaker 1: screen that you put across the back scenes and it

1593
01:32:09,160 --> 01:32:11,760
Speaker 1: pops up because that little back window that comes up

1594
01:32:11,840 --> 01:32:16,120
Speaker 1: is like five inches tall, and that's good for ten degrees.

1595
01:32:16,200 --> 01:32:18,000
Speaker 1: You could take the car out in the fifties as

1596
01:32:18,000 --> 01:32:22,280
Speaker 1: opposed in the sixties, and there's no buffeting, there's no noise.

1597
01:32:22,360 --> 01:32:26,680
Speaker 1: It really astonishing little bit of and it's not aftermarket.

1598
01:32:26,720 --> 01:32:30,880
Speaker 1: It comes. It comes with the car. So, speaking of

1599
01:32:31,120 --> 01:32:37,000
Speaker 1: um crazy cars and and how people respond to the sickness,

1600
01:32:37,600 --> 01:32:41,639
Speaker 1: you wrote a really interesting review of what I thought

1601
01:32:41,680 --> 01:32:44,479
Speaker 1: was one of the better movies last year, Ford versus

1602
01:32:44,520 --> 01:32:48,479
Speaker 1: ferrari Um. It was. You know, sometimes you go to

1603
01:32:48,520 --> 01:32:52,400
Speaker 1: a movie and you're disappointed that movie was exactly what

1604
01:32:52,439 --> 01:32:56,519
Speaker 1: I expected. Fun all about on them, this that, good tension,

1605
01:32:56,560 --> 01:33:00,760
Speaker 1: this that. But you pointed out that the movie was

1606
01:33:00,840 --> 01:33:05,360
Speaker 1: filled with these meek little secretary women scarring about while

1607
01:33:05,400 --> 01:33:09,280
Speaker 1: all of them males, all of the white dudes, were

1608
01:33:09,320 --> 01:33:12,200
Speaker 1: doing their thing. And as I thought, you were dead

1609
01:33:12,280 --> 01:33:15,280
Speaker 1: right when I read it, and I remember saying to myself,

1610
01:33:15,360 --> 01:33:18,720
Speaker 1: she's gonna get some push about this. What was the

1611
01:33:19,160 --> 01:33:23,240
Speaker 1: what was the reaction to that? Um? It was surprising,

1612
01:33:23,479 --> 01:33:27,320
Speaker 1: I will I would say I was actually I wasn't

1613
01:33:27,400 --> 01:33:31,160
Speaker 1: deliberately trying to be controversial or to poke the bear

1614
01:33:31,240 --> 01:33:34,000
Speaker 1: at all. I just thought, oh, this is this is

1615
01:33:34,040 --> 01:33:39,800
Speaker 1: what I observed, and so I will say and I well,

1616
01:33:39,840 --> 01:33:42,200
Speaker 1: I'll say two things. Number one, I actually wrote two

1617
01:33:42,240 --> 01:33:45,720
Speaker 1: pieces on Ford versus Ferrari. One was an interview that

1618
01:33:45,760 --> 01:33:48,160
Speaker 1: I did with the car wrangler who directed all of

1619
01:33:48,200 --> 01:33:50,360
Speaker 1: the style. I remembered all of the cars and the

1620
01:33:50,400 --> 01:33:53,760
Speaker 1: amazing replicas he created. No c g I that was all.

1621
01:33:54,120 --> 01:33:55,920
Speaker 1: It was all real. They used to cannon to shoot

1622
01:33:55,960 --> 01:33:59,439
Speaker 1: like Ferrari shells out on Willow Springs race course and

1623
01:33:59,680 --> 01:34:01,920
Speaker 1: it was amazing. So I I love that and I

1624
01:34:01,960 --> 01:34:04,799
Speaker 1: had a great conversation with him, and that piece was awesome.

1625
01:34:05,439 --> 01:34:09,440
Speaker 1: And then the second piece I wrote, which was me UM,

1626
01:34:09,520 --> 01:34:12,880
Speaker 1: what I thought was just relaying what I observed through

1627
01:34:12,920 --> 01:34:15,880
Speaker 1: the movie UM, which was visible to anybody who watched

1628
01:34:16,000 --> 01:34:22,479
Speaker 1: right the whole The whole point of that second piece

1629
01:34:22,680 --> 01:34:27,240
Speaker 1: was this is interesting. I watched the movie and you

1630
01:34:27,400 --> 01:34:32,320
Speaker 1: notice that the decision makers in the room are older men, UM,

1631
01:34:32,880 --> 01:34:35,400
Speaker 1: the women are peripheral, and there there are no real

1632
01:34:35,479 --> 01:34:38,280
Speaker 1: people of color involved at all, which was an accurate

1633
01:34:38,320 --> 01:34:43,360
Speaker 1: representation of the time. And and my point was, let's

1634
01:34:43,360 --> 01:34:46,800
Speaker 1: watch this movie and note how it used to be,

1635
01:34:47,360 --> 01:34:50,439
Speaker 1: and note that if we want to move together forward

1636
01:34:50,520 --> 01:34:53,200
Speaker 1: in the car industry in the future. We are all

1637
01:34:53,280 --> 01:34:56,720
Speaker 1: better if we have a variety of voices in the

1638
01:34:56,800 --> 01:34:59,679
Speaker 1: room making decisions. The and and by the way, Carol

1639
01:34:59,720 --> 01:35:04,680
Speaker 1: show Shelby was a jerk, which is very well documented

1640
01:35:04,880 --> 01:35:09,879
Speaker 1: in lawsuits in I actually called the Los Angeles reporter

1641
01:35:09,960 --> 01:35:12,720
Speaker 1: who worked for the l A Times, who um uh

1642
01:35:12,880 --> 01:35:15,040
Speaker 1: covered him for years. I mean I this was very

1643
01:35:15,040 --> 01:35:18,160
Speaker 1: well documented over thirty years. UM. So that was kind

1644
01:35:18,200 --> 01:35:20,240
Speaker 1: of my points, like, this is a representation of what

1645
01:35:20,280 --> 01:35:23,880
Speaker 1: the auto industry used to be. Let's move forward and

1646
01:35:23,880 --> 01:35:26,479
Speaker 1: and we will all be better and stronger, um to

1647
01:35:26,600 --> 01:35:30,080
Speaker 1: have different voices in the room, a mix of everybody.

1648
01:35:30,120 --> 01:35:32,920
Speaker 1: And Carol Shelby was kind of a jerk, which everyone

1649
01:35:33,000 --> 01:35:40,320
Speaker 1: knows to be true. UM. And the response was very strong, UM,

1650
01:35:40,920 --> 01:35:44,439
Speaker 1: very toxic. I got a lot of people who came

1651
01:35:44,520 --> 01:35:46,680
Speaker 1: up to me in person and said thank you for

1652
01:35:46,720 --> 01:35:48,559
Speaker 1: saying what I've thought for a really long time. I

1653
01:35:48,600 --> 01:35:51,640
Speaker 1: really thank you. A lot of people did say thank you,

1654
01:35:51,840 --> 01:35:54,160
Speaker 1: but there was also, I would say fifty fifty a

1655
01:35:54,360 --> 01:36:00,439
Speaker 1: very very very strong backlash of people who um seemed

1656
01:36:00,479 --> 01:36:04,440
Speaker 1: to think that I was attacking men, or attacking Hollywood,

1657
01:36:04,680 --> 01:36:09,880
Speaker 1: or attacking um white people, UM, which was not my

1658
01:36:10,000 --> 01:36:12,760
Speaker 1: intent at all. It's sort of like gamer Gate, where

1659
01:36:12,800 --> 01:36:16,759
Speaker 1: the response to the people criticizing the video game industry

1660
01:36:16,800 --> 01:36:22,480
Speaker 1: has nothing to do with the basic premise of their response.

1661
01:36:22,520 --> 01:36:26,280
Speaker 1: It's just about how dare you? Yeah? And it it

1662
01:36:26,400 --> 01:36:30,479
Speaker 1: made me sad um that people felt attacked and felt

1663
01:36:30,520 --> 01:36:33,479
Speaker 1: that they should respond in a toxic way, which only

1664
01:36:33,560 --> 01:36:36,439
Speaker 1: kind of proved what I was saying, that we are

1665
01:36:36,479 --> 01:36:40,639
Speaker 1: all better if we leave behind this the culture. That culture.

1666
01:36:40,760 --> 01:36:44,320
Speaker 1: It's amazing. Um, the people who are most likely to

1667
01:36:44,320 --> 01:36:48,160
Speaker 1: toss about the word snowflake are the biggest snowflakes there are.

1668
01:36:48,800 --> 01:36:50,840
Speaker 1: And I'll just leave it at that. I want to

1669
01:36:50,880 --> 01:36:54,800
Speaker 1: get to um my favorite questions that I ask all

1670
01:36:54,840 --> 01:36:57,880
Speaker 1: of our guests in our final few minutes, because I've

1671
01:36:57,920 --> 01:37:00,559
Speaker 1: kept you here for three hours, it's been off. Um

1672
01:37:00,600 --> 01:37:01,800
Speaker 1: I am. I'm having a lot of fun with this.

1673
01:37:01,960 --> 01:37:04,960
Speaker 1: So I normally I used to ask people what their

1674
01:37:05,000 --> 01:37:07,599
Speaker 1: first car was, but you shared that, so I've moved

1675
01:37:07,640 --> 01:37:10,720
Speaker 1: towards I can't even ask you this because you don't

1676
01:37:10,760 --> 01:37:14,519
Speaker 1: have a TV. So let's talk about polip podcast I love.

1677
01:37:14,920 --> 01:37:18,639
Speaker 1: My My favorite podcast is Fresh Air Terry Gross. She's

1678
01:37:18,640 --> 01:37:22,200
Speaker 1: a great interviewer. She is Terry Gross and Howard Stern

1679
01:37:22,240 --> 01:37:25,559
Speaker 1: are my favorite. Stern hasn't also become he has. He's

1680
01:37:25,720 --> 01:37:31,120
Speaker 1: grown into seriously the best celebrity it's And I come

1681
01:37:31,200 --> 01:37:34,240
Speaker 1: from someone who loved watching David Letterman and I took

1682
01:37:34,520 --> 01:37:38,479
Speaker 1: his style of interviewing is really brilliant, and I feel

1683
01:37:38,479 --> 01:37:41,040
Speaker 1: like Stern has in a way inherited that. It's been

1684
01:37:41,160 --> 01:37:45,680
Speaker 1: really interesting. There's a hangover of danger that he may

1685
01:37:45,760 --> 01:37:48,840
Speaker 1: go off the rails, so that which is the background. Yeah,

1686
01:37:48,920 --> 01:37:51,840
Speaker 1: and I think that creates attention that wasn't there. He's

1687
01:37:51,880 --> 01:37:54,920
Speaker 1: gotten much better, yes, but that's still there and it

1688
01:37:54,920 --> 01:37:58,760
Speaker 1: makes it really interesting. He's empathetic and he's so intelligent,

1689
01:37:58,960 --> 01:38:07,960
Speaker 1: and um he never was empathetic, I know there. Um So,

1690
01:38:08,080 --> 01:38:12,519
Speaker 1: tell us about your early mentors who helped guide your career. Well,

1691
01:38:12,760 --> 01:38:14,840
Speaker 1: the first one I have to say is Matthew de Paula,

1692
01:38:14,920 --> 01:38:17,559
Speaker 1: who was the editor who hired me as a as

1693
01:38:17,640 --> 01:38:20,760
Speaker 1: a young wayward reporter way back when at Forbes. He

1694
01:38:20,840 --> 01:38:23,840
Speaker 1: really saw potential um and someone who didn't have a

1695
01:38:23,920 --> 01:38:27,040
Speaker 1: lot on her resume yet. Um So he really was

1696
01:38:27,080 --> 01:38:29,040
Speaker 1: the one who has guided me through. And also I

1697
01:38:29,080 --> 01:38:32,280
Speaker 1: would say second is Joann Mueller, who at the time

1698
01:38:32,360 --> 01:38:36,040
Speaker 1: was was the Detroit bureau chief for Forbes, covering the

1699
01:38:36,040 --> 01:38:39,840
Speaker 1: auto industry. Um. She now works for Axios and she's

1700
01:38:39,880 --> 01:38:44,040
Speaker 1: their transportation writer. And she really was so kind and

1701
01:38:44,120 --> 01:38:46,439
Speaker 1: patient and took me under her wing. So those two

1702
01:38:46,479 --> 01:38:51,760
Speaker 1: were phenomenal. Um So I'm not going to ask you

1703
01:38:51,800 --> 01:38:53,880
Speaker 1: that because I know we're a little tight on time.

1704
01:38:54,560 --> 01:38:57,400
Speaker 1: Um So let me just go to number five. All right,

1705
01:38:57,720 --> 01:38:59,280
Speaker 1: tell us about some of your favorite books. What are

1706
01:38:59,320 --> 01:39:03,559
Speaker 1: you reading these you're traveling back and forth between New

1707
01:39:03,600 --> 01:39:06,960
Speaker 1: York and l A. I love reading nonfiction. I love

1708
01:39:07,240 --> 01:39:12,599
Speaker 1: reading memoirs. Give us a few times. Richard's Life. It's

1709
01:39:12,640 --> 01:39:14,800
Speaker 1: really good and a giant. Yeah, and it's not a

1710
01:39:14,840 --> 01:39:18,920
Speaker 1: completely new book, but it's really good. I love music. Um.

1711
01:39:18,960 --> 01:39:22,080
Speaker 1: I love freethinkers and creative people. And he's great and

1712
01:39:22,120 --> 01:39:25,240
Speaker 1: it really has his voice. Um. My boyfriend's British, so

1713
01:39:25,280 --> 01:39:28,800
Speaker 1: I like the British type of guy. Um So I

1714
01:39:28,880 --> 01:39:31,880
Speaker 1: love that. Um. I did read Catch and Kill Ronan

1715
01:39:31,920 --> 01:39:36,040
Speaker 1: Farrell's Pharaoh's book about the Harvey Weinste. I've held that

1716
01:39:36,120 --> 01:39:38,960
Speaker 1: at arm's length. I know it's gonna just really good.

1717
01:39:39,600 --> 01:39:43,960
Speaker 1: Is it tough to read? No? No, it's it's Uh,

1718
01:39:44,040 --> 01:39:48,560
Speaker 1: it's what I mean is like his behavior is egregious,

1719
01:39:48,600 --> 01:39:52,200
Speaker 1: and the Times coverage some of it is really like,

1720
01:39:52,280 --> 01:39:55,559
Speaker 1: oh my god, this is discussed. It's hard to it's hard.

1721
01:39:55,640 --> 01:39:58,280
Speaker 1: But the thing is, the worst stuff has already been

1722
01:39:58,280 --> 01:40:00,280
Speaker 1: out in the news, so when you read the book.

1723
01:40:00,560 --> 01:40:02,360
Speaker 1: I actually put off reading the book cause I thought, well,

1724
01:40:02,360 --> 01:40:03,960
Speaker 1: I've already I'll read this in the press. I don't

1725
01:40:03,960 --> 01:40:05,600
Speaker 1: need to read the book. But the book adds some

1726
01:40:05,680 --> 01:40:08,639
Speaker 1: great context and background and adds a lot about his process,

1727
01:40:09,160 --> 01:40:11,320
Speaker 1: and I'm fascinated with that. I mean, he's a he's

1728
01:40:11,479 --> 01:40:18,120
Speaker 1: really a brilliant, almost prodigy type of of writer. More

1729
01:40:18,240 --> 01:40:21,120
Speaker 1: the future. Yeah, so that was a great book. I

1730
01:40:21,160 --> 01:40:24,679
Speaker 1: also just finished reading Um Why Social Media Is Ruining

1731
01:40:24,680 --> 01:40:29,200
Speaker 1: Your Life by Katherine Omrod, who's a British journalist. She's

1732
01:40:29,240 --> 01:40:31,840
Speaker 1: a friend of mine. It's a great book about how

1733
01:40:31,920 --> 01:40:36,280
Speaker 1: social media affects um everything about your your perception, your

1734
01:40:36,280 --> 01:40:40,120
Speaker 1: awareness of the world, your interaction with reality. Social media

1735
01:40:40,200 --> 01:40:43,160
Speaker 1: is not reality, no, but a lot it still affects

1736
01:40:43,160 --> 01:40:45,840
Speaker 1: people as if it were reality. That's kind of the

1737
01:40:45,880 --> 01:40:48,600
Speaker 1: crazy thing. It's it's although you know, people used to

1738
01:40:48,760 --> 01:40:52,160
Speaker 1: make the same arguments about new television news that it

1739
01:40:52,200 --> 01:40:57,000
Speaker 1: creates this really distorted viewpoint. Until people like Pinker and

1740
01:40:57,200 --> 01:41:00,880
Speaker 1: Roslyn came along, most people didn't realize how crime has

1741
01:41:00,920 --> 01:41:03,720
Speaker 1: been plumbering over forty years. You watch local news and

1742
01:41:03,760 --> 01:41:06,799
Speaker 1: it's all stabbings and shootings and what have you. Um,

1743
01:41:06,840 --> 01:41:08,479
Speaker 1: I have a So that's three books you gave me.

1744
01:41:08,479 --> 01:41:10,760
Speaker 1: I'm gonna give you one book which you might like.

1745
01:41:11,640 --> 01:41:15,559
Speaker 1: Um have you read Super Pumped? The book about uber So?

1746
01:41:15,720 --> 01:41:18,120
Speaker 1: It reminds me a little bit about Bad Blood about

1747
01:41:18,360 --> 01:41:21,599
Speaker 1: Saras where you have this comm although there's not there's

1748
01:41:21,600 --> 01:41:24,920
Speaker 1: no fraud here, there's a lot of criminality and but

1749
01:41:24,960 --> 01:41:29,320
Speaker 1: it's really fascinating how this idea turned into a world

1750
01:41:29,479 --> 01:41:36,840
Speaker 1: changing thing despite that toxic bro mentality. Just it's it's

1751
01:41:36,880 --> 01:41:41,080
Speaker 1: really kind of intriguing and fascinating. Um, So tell us

1752
01:41:41,080 --> 01:41:42,960
Speaker 1: about a time you failed and what you learned from

1753
01:41:42,960 --> 01:41:46,920
Speaker 1: the experience. That's a good question. I will take it

1754
01:41:46,960 --> 01:41:49,439
Speaker 1: back to high school when I was on my high

1755
01:41:49,439 --> 01:41:56,320
Speaker 1: school basketball team and you would think, yeah, um, you

1756
01:41:56,320 --> 01:41:58,320
Speaker 1: would think I'd be a good basketball player because of

1757
01:41:58,400 --> 01:42:03,599
Speaker 1: my high but I really um was coordination and I

1758
01:42:03,680 --> 01:42:06,360
Speaker 1: did not. I I felt like I felt the thing

1759
01:42:06,400 --> 01:42:09,160
Speaker 1: that I realized about the basketball team, which I was

1760
01:42:09,240 --> 01:42:11,559
Speaker 1: on but sat on the bench, which I kind of

1761
01:42:11,720 --> 01:42:15,600
Speaker 1: hated the whole thing, but I let um my own

1762
01:42:15,720 --> 01:42:19,280
Speaker 1: inferiority and feelings of insecurity work in a downward spile

1763
01:42:19,439 --> 01:42:22,400
Speaker 1: role against me, and I really I still can remember

1764
01:42:22,439 --> 01:42:25,920
Speaker 1: the feelings of how that felt, knowing that like you

1765
01:42:25,960 --> 01:42:28,880
Speaker 1: weren't you weren't, didn't you didn't feel like you deserve

1766
01:42:29,000 --> 01:42:31,360
Speaker 1: to be there, and then how that kind of worked

1767
01:42:31,400 --> 01:42:36,320
Speaker 1: against you and and with your own feelings of self worth,

1768
01:42:36,960 --> 01:42:40,840
Speaker 1: and that felt like that whole thing felt like a failure.

1769
01:42:40,880 --> 01:42:44,120
Speaker 1: And what I learned from that is, don't talk yourself

1770
01:42:44,240 --> 01:42:46,640
Speaker 1: into feeling like a failure. A lot of it was

1771
01:42:46,680 --> 01:42:50,000
Speaker 1: in my own head, um, and I never want to

1772
01:42:50,000 --> 01:42:51,960
Speaker 1: go back to feeling like that where I just felt

1773
01:42:52,000 --> 01:42:55,839
Speaker 1: so insecure. So so, when you're not taking other people's

1774
01:42:55,920 --> 01:42:59,160
Speaker 1: quarter million dollars supercars away for the weekend, what do

1775
01:42:59,200 --> 01:43:02,559
Speaker 1: you do for fun? That's a good question. Um, this

1776
01:43:02,640 --> 01:43:07,120
Speaker 1: is a really weird answer, but uh, magnus, my boyfriend

1777
01:43:07,120 --> 01:43:10,599
Speaker 1: and I like playing music together and we've started a

1778
01:43:10,640 --> 01:43:17,120
Speaker 1: fake band called Neon Jesus. We're recording on our own phones. No.

1779
01:43:17,520 --> 01:43:20,719
Speaker 1: He he plays guitar and I have a tambourine and singing,

1780
01:43:20,760 --> 01:43:23,280
Speaker 1: and I and I write lyrics and we have all

1781
01:43:23,320 --> 01:43:26,080
Speaker 1: these singles that we've done. This is a nerdous thing. Ever,

1782
01:43:26,200 --> 01:43:28,760
Speaker 1: you cannot hear us anywhere, but the band is called

1783
01:43:28,800 --> 01:43:31,360
Speaker 1: Neon Jesus. And we already have like a whole list

1784
01:43:31,439 --> 01:43:34,840
Speaker 1: of things that we record. We've recorded for ourselves. That's

1785
01:43:34,880 --> 01:43:38,680
Speaker 1: pretty hilarious. So what are you most optimistic about the

1786
01:43:38,720 --> 01:43:41,719
Speaker 1: auto industry today? And what are you most pessimistic about.

1787
01:43:42,720 --> 01:43:46,360
Speaker 1: I'm optimistic about people. I mean, I'm a big believer

1788
01:43:47,360 --> 01:43:50,360
Speaker 1: in as long as there is life, there is hope,

1789
01:43:50,840 --> 01:43:56,400
Speaker 1: and the human capacity for growth and creativity is unceasing.

1790
01:43:56,600 --> 01:44:00,000
Speaker 1: And as long as we have young, bright, motivated, creative

1791
01:44:00,120 --> 01:44:03,040
Speaker 1: people who are allowed to use their talents, that is

1792
01:44:03,200 --> 01:44:08,040
Speaker 1: very um uh exciting for me. And I think that

1793
01:44:08,840 --> 01:44:11,639
Speaker 1: you know, cars aren't going anywhere. People say that they're

1794
01:44:11,680 --> 01:44:13,720
Speaker 1: going to slowly die out, but I don't think so,

1795
01:44:13,880 --> 01:44:20,880
Speaker 1: it's just changing. And we and our final question, what

1796
01:44:21,000 --> 01:44:24,000
Speaker 1: sort of advice would you give to a recent college

1797
01:44:24,000 --> 01:44:27,080
Speaker 1: grad if they were interested in a career of either

1798
01:44:27,200 --> 01:44:31,679
Speaker 1: automotive or journalism or automotive journalism. It's a great question.

1799
01:44:31,720 --> 01:44:34,759
Speaker 1: I'm asked that a lot um I would say For

1800
01:44:34,920 --> 01:44:38,840
Speaker 1: people who love cars, UH, go get a journalism degree.

1801
01:44:39,120 --> 01:44:40,880
Speaker 1: A lot of people think because they know a lot

1802
01:44:40,960 --> 01:44:42,880
Speaker 1: about cars, they can be an auto writer, and it

1803
01:44:43,120 --> 01:44:45,280
Speaker 1: doesn't work that way. It works the other way. It's

1804
01:44:45,320 --> 01:44:47,960
Speaker 1: better to become a writer first and then hone your

1805
01:44:47,960 --> 01:44:51,760
Speaker 1: craft learning about it at subject so um. For people

1806
01:44:51,760 --> 01:44:55,160
Speaker 1: who want to be journalist period, I would say, don't

1807
01:44:55,160 --> 01:44:57,879
Speaker 1: believe it when people tell you should go to journalism

1808
01:44:57,880 --> 01:45:01,679
Speaker 1: school and get the masters. Start writing. Just start writing,

1809
01:45:01,680 --> 01:45:04,120
Speaker 1: because at the end of the day, all anybody wants

1810
01:45:04,120 --> 01:45:05,960
Speaker 1: to see as your byline, where have you written? Show

1811
01:45:06,000 --> 01:45:08,400
Speaker 1: me something you've written. I did not get a master's

1812
01:45:08,439 --> 01:45:10,719
Speaker 1: in journalism. I got an undergrad and then started working,

1813
01:45:11,000 --> 01:45:14,160
Speaker 1: and that to me worked very well. Great advice. We

1814
01:45:14,320 --> 01:45:17,800
Speaker 1: have been speaking with Hannah Elliott. She is the automotive

1815
01:45:17,840 --> 01:45:22,320
Speaker 1: calumnist UH for Bloomberg. If you enjoy this conversation, look

1816
01:45:22,400 --> 01:45:24,759
Speaker 1: up an Inch or down an Inch on Apple iTunes

1817
01:45:24,760 --> 01:45:28,880
Speaker 1: and you can see any of the three previous such conversations.

1818
01:45:29,479 --> 01:45:32,680
Speaker 1: We love your comments, feedback and suggestions right to us

1819
01:45:32,720 --> 01:45:36,599
Speaker 1: at m IB podcast at Bloomberg dot net. I would

1820
01:45:36,640 --> 01:45:38,719
Speaker 1: be remiss if I did not thank the crack staff

1821
01:45:38,760 --> 01:45:42,160
Speaker 1: that helps put this together each week. Paris Wold is

1822
01:45:42,200 --> 01:45:47,639
Speaker 1: our producer. My audio engineer is Mark Siniscalchie. I'm Barry Ritolts.

1823
01:45:47,800 --> 01:45:51,120
Speaker 1: You've been listening to Masters in Business on Bloomberg Radio.