“The essence of strategy is choosing what not to do.” —Michael Porter “Our strategy is designed to avoid non-core activities to focus on winning where it matters: dedicated electric vehicles and proprietary car software. We will take action on structural costs, target strong and sustained profitability. With this new strategy we are announcing our clear […]
“A change will do you good.” —Sheryl Crow Sports Car Market is the premier source for enthusiasts to gather reliable collector car information. The magazine has proactively evolved over the years and is now the friendly, fun, but authoritative voice on industry trends. Content is predominately provided by key industry insiders, giving the publication an accurate, unique, […]
“The current market is at dizzying heights, and one must have the financial strength to buy the best, the patience to hold what is outstanding, and the discipline to sell what lacks je ne sais quoi.” —Philip Richter In the November issue of Sports Car Market, Turtle Garage shares opinions regarding the status of the […]
Turtle Garage is proud to publish the following exclusive piece authored by friend and pre-war classics expert Jonathan Sierakowski. I first met Jonathan back in 2011 while he was at RM Auctions. Following the death of Malcolm S. Pray, Jr. in 2013, Jonathan was a crucial member of the team that helped us evaluate, value, […]
We want to be sure that avid readers of Sports Car Market know about Keith Martin’s new video series. For several years, Keith was the host of the highly successful Velocity TV show “What’s My Car Worth?” Now he is back on the screen with SCM Live. Keith’s new series produces episodes on a variety […]
“I’m very excited to continue to lead Bring a Trailer as we partner with Hearst Autos. We can now keep all of the best parts of the business intact while enhancing our capabilities to address our huge product demand and user traffic growth.” —Randy Nonnenberg, BaT Co-Founder and CEO “Bring a Trailer has set the bar […]
“Price is what you pay; value is what you get.” —Ben Graham “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.” —Warren Buffett The world has been turned upside down by the Covid19 pandemic and the financial markets do not seem to care. The stock market is […]
In the June issue of Sports Car Market, we review the sale of a 2002 BMW E39 M5 at Gooding’s Amelia Island Auction. The E39 M5 is perhaps the ultimate German super sedan. This is the the last M5 with a conventional key and a oil dip stick. Still modern to drive, its a wonderful […]
The Coronavirus is upending our lives like nothing else in modern history. Out of nowhere, this black swan pandemic has turned all of our lives upside down. Coronavirus has become the sudden equalizer because we all are feeling the impact in one way or another. From billionaires to small business owners to retirees, we are […]
A few weeks ago I received a call from Keith Martin, publisher of Sports Car Market. He asked me to be on his new podcast called Buy Sell Hold. This unique podcast is a collaboration with Mark Greene’s highly successful Cars Yeah. Keith and Mark’s esteemed guests so far include industry luminaries such as Stephen […]
Over the last few trading days markets have experienced a sharp reversal. Anxiety is growing over the spread of the Coronavirus and markets are responding. The spread of the Coronavirus is impacting everything from air travel to car shows. This morning, Bloomberg ran the following story which outlines that the Swiss government is taking steps […]
Philip Richter is President and co-founder of New-York-City-based Hollow Brook Wealth Management, LLC. The Turtle Garage Blog, he says, is dedicated to his "love of excessive personal transportation."
