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Author Archive | Philip Richter

The tasteful door handle on the ES just hangs out there on the door panel. The LC500 has a similar design.

Feels Like a Lexus

“I shall not today attempt further to define the kinds of material I understand to be embraced within that shorthand description [“hard-core pornography”], and perhaps I could never succeed in intelligibly doing so. But I know it when I see it, and the motion picture involved in this case is not that.” —United States Supreme […]

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Gobsmacked!

“The question is how much further capitalism will be deformed by government intervention on this scale. When the government is willing to buy just about anything, it distorts market prices, which normally guide people to buy into profitable, promising companies. Now investors are simply buying what the Fed buys. The process of competitive capital allocation, […]

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Bimota YB10 Dieci: A Favorite Mistake

“The Bimota YB10 is a marriage of performance, utility, and singular Italian engineering. With only 224 total examples created, the Dieci (“ten”) remains a hallmark in Bimota’s progression and is an undervalued classic.” —Ed Milich Before the Coronavirus lockdown, I found myself flipping through the Las Vegas Mecum motorcycle auction catalog. Several motorcycles caught my […]

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2000 Honda Civic Si: Ludicrous Sale

The auction hammer fell at $50,000 for this 2000 Honda Civic Si: Ludicrous Sale The 2000 Honda Civic Si is a great vintage year for this Japanese pocket rocket. These cars were very well made and very fun to drive. This example is unusual because of its very low mileage and unique Electron Blue color. […]

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Nasdaq @ 10,000, Tesla @ $1,000/Share

Despite record unemployment and massive economic dislocation from Covid19, stock markets are rallying and Tesla shares are soaring. What is going on? Today, Tesla is worth more than Ford, GM, and Chrysler combined! Depending on the day, Tesla is worth more than auto giant Toyota. At over 200 times earnings, Tesla is anything but cheap. […]

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