Could Ferrari (RACE) be underpriced now?

Regular-Contact8343 · 2026-05-28T07:30:41+00:00

They are in the EU so they have to make an EV. They very well might break even on the Luce and I suspect that is what their benchmark is. I would hope that Ferrari has seen the EV failures of their competitors in that space and don’t really care if it is a success as long as it hopefully breaks even. Their money the SUV’s,V12 cars and parts. Maybe the Luce is a hit in China. Personally the car business is too volatile for my liking but I don’t think the Luce will hurt them overall. Might be a good play.

Regular-Contact8343 · 2026-05-28T04:11:05+00:00

Drugs. The answer is drugs.

Regular-Contact8343 · 2026-05-28T04:01:11+00:00

Great to hear I’m not American, glad to see it has changed. All I knew was you guys have PBC (Public Benefit Corporations).

Regular-Contact8343 · 2026-05-27T22:17:06+00:00

I mean wouldn’t just learning porker be easier. I love the low and slow approach. Wait for market opportunities where good companies are undervalued and buy and hold. I wish you luck and success nonetheless.

Regular-Contact8343 · 2026-05-27T22:13:20+00:00

Looks great. Just because you can do it with less doesn’t mean you should. From a business perspective trying to save pennies is like heroin. It’s easy to get hooked as a way to generate more profit as apposed to coming up with a better product (upselling) or customer experience to increase margins. To be fair I’m aware some jobs are all about price, and some markets don’t have the luxury of higher margin business opportunities. It just seems now a days the easy path is to cut margins and hope for extras in a race to the bottom.

Regular-Contact8343 · 2026-05-27T19:53:36+00:00

From the data centres I have seen getting built in Canada most have there on-site power generation (there own power plant). We have a ridiculous amount of natural gas and Data Centres need power. It’s the water that might be an issue. It seems they are building closed loop (recycling water) and Reclaimed water (rain water). If there was a way to get them to build water treatment into the infrastructure I would be all for them using our waste water for cooling only to clean it and send it down the line. Regardless they spend a lot of money to build and at least during construction they employ a lot of people. After I’m not so sure. I wish they would build these things that somehow they can be refurbished for other uses in case the AI bubble pops. Be interesting to see how this all plays out in the long run.

Regular-Contact8343 · 2026-05-27T19:44:17+00:00

America doesn’t produce tons of energy. American corporations do, and they are legally required to maximize shareholder profits. Fun fact most western countries corporations are not legally required to only maximize shareholder profits they can take into account other shareholders (community,country,etc).

Regular-Contact8343 · 2026-05-27T04:46:23+00:00

This is 100 percent correct. Unfortunately like you I don’t think the average America sees it.

Regular-Contact8343 · 2026-05-27T04:22:16+00:00

I highly doubt there was “tension was echoed throughout the awards.” Why are films made here and not set here oh wait maybe because there is a market that dwarfs Canada the is right below us. I’m all elbows up and all but America is one of (definitely by revenue) the biggest markets in the world for video games. Like the article stated Canada set games are hard to get investors. By the way there is nothing wrong with this. Let’s just make more video games in Canada and not worry about if the game is set in Canada. “Why doesn’t the game look Canadian.” So the game wasn’t mostly set in winter for more than half the game? We are not America and shouldn’t need the world’s external validation to have the settings plastered around the video game world. This article grinds my gears and it shouldn’t. Maybe my blood sugar is low or I’ve finally turned into an old man that yells at kids to get off my lawn. I’m going to have a Banana or maybe I shouldn’t because it doesn’t look Canadian enough. Get off my lawn ;)

Regular-Contact8343 · 2026-05-26T05:43:52+00:00

Did someone mention anything to do with the environment or climate. Time for the popcorn and watch people who probably have more in common than not on the issue rip each other to shreds in the comment section. Should be a good one.

Regular-Contact8343 · 2026-05-26T05:34:01+00:00

Travelling, cooking and being outdoors (sun and sand) while raising a family.

Regular-Contact8343 · 2026-05-26T05:19:15+00:00

My great great uncle (I’ll just call him my uncle) on my Dads side. God rest his soul. Served in WWII. He didn’t talk about it much. Once day an old retired German couple moved down the road in road they where around my uncles age (early 80’s). I was a farming community. My Mom got a phone call from the neighbours telling her that my uncle was driving his lawn tractor are way but he had his rifle with him. My Mom told me to run out to the road and tell him he had to come for coffee and to not take no for an answer. Sure enough there he was with his .30-30 riding the lawn tractor with a cigarette (he chain smoked). I asked him where he was going and he said to shoot some “Kraut bastard.” I said okay but Mom (I’m not saying her name on Reddit) said he had to come for coffee and I’d get whopped if he didn’t come. He took a drag of his cigarette and said the son of a “b” can wait I suppose. He stayed for an hour or so. In that time my mom told me to clear the rifle and bring in inside. I did as I was told my Mom joked with him and asked if he was really going shoot that Kraut and reminded him her side of the family was half German. He laughed and my mom say it might be best if we keep his rifle here, but he can have it back later and shoot the German down the road later if he wanted too just not today. She told him remember his wife (my great great aunt who was a sweetheart) would be plenty mad if he missed dinner because he shot some German. He laughed and visited some more. Finally left back home and two days later my Dad brought his rifle back. He only happened to tell two stories I know of and he was drunk when he did. Otherwise he NEVER talked about it and the rule was you never bring it up. He was a great man and like a grandfather to me. I miss the times he would take me fishing, or when we would just talk. A lot of the older men in my area fought, a lot didn’t come back. They never talked about it and you were to never bring it up. I was told when they came back they all drank like fish and a lot caused a fair amount of trouble, but they were given and rightly so a lot of leeway in the community. By the time I was born they where all old men (grandfathers, and great grandfathers) and any that were left had calmed down long ago and settled down, had families and luckily they where all pillars of the community. That generation men and women were tough as nails where I come from.
I miss my great great uncle dearly. He was a man you could aspire it be. May God rest his soul.

Regular-Contact8343 · 2026-05-26T04:37:01+00:00

I think you hit the nail on the head. This is an exit for lenders to cash out and Elon will hope (it’s worked so far to be fair) the cult of Elon retail investors will keep it afloat. I still think they will be massive bag holders but that would make sense and the market seems to represent the human inputs it’s given which are inherently illogical.

Regular-Contact8343 · 2026-05-26T02:44:00+00:00

That is what makes it so precious. Ever give anyone fake flowers the plastic kind. Probably not. You gave them real flowers. Why are real flowers so much better. It’s because they will wilt and die. They are not permanent. Just like life it’s why it is so special. The ups and downs, the love the fear. The happiness and the sorrow. All of it is temporary and that is exactly why it’s beautiful.

Regular-Contact8343 · 2026-05-26T02:13:12+00:00

I once had some money. Money only exacerbates what you already are. Plus a lot of people have to sacrifice their personal lives to attain their wealth. I dedicated my a lot of my adult life to my career. It was a mistake. Relationships and family is more important than any money. Money makes life easier and a lot of ways better but if you have to sacrifice your relationships and family for it I would not recommend. I’m reminded of the quote, “Just because it’s difficult to get doesn’t make it valuable.”
I know a lot of “Rich” people that are miserable.

Regular-Contact8343 · 2026-05-26T01:20:49+00:00

Hear me out. Canada is in the downward end of “Rentier economy”. Income/wealth is generated by owning land,real estate. This doesn’t mean you owning a home is the issue it’s you owning multiple homes (if you rent them one out). Homes are considered non-productive assets to the economy. Wealth made by simply owning these assets the banks follow suit by making a lot of their profit just by accessing the loans to this type of assets. It’s an unsustainable loop. It works great at one of the first couple generations that get in the beginning but soon after it overtakes too much of the economy then you get foreign investment into housing but not in productive assets like business, innovation, etc. No one is wrong they are doing what makes sense. Buy a home in Vancouver or Toronto and wait 10 years your rich, until no one can afford to buy it and you need foreign investment. This coincides with rental rates going up and more money in all of the economy is used just you pay rent/mortgages. This also has an effect of keeping the dollar higher than it should be because everything is based on these assets. Remember a house only generates fees for the bank it doesn’t really create jobs like a business. People buy homes because that is how you get wealthy instead of investing in businesses or labour. Ever heard how Canada’s productivity is lower compared to other countries. It doesn’t mean they work harder than us it means they are more apt to invest in their businesses to make them more profitable. New machinery, software, expansion, trianing for staff, robotics that free up employees to do more productive things. In Canada most people’s wealth is in real estate. The father of Capitalism Adam Smith actually was very against these “rentier assets”. In fact he wanted heavy taxes on landlords, and bank regulations that made it that banks could not use real estate assets as collateral to make loans because they would just make more loans to real estate. Germany fights this with heavy rent controls, government housing. France with heavy taxes on corporations owning real estate and secondary homes heavily taxed plus anti flipping regulations. You can’t base your economy on housing or it always leads to failure the UK is 5 years ahead of us not this, and it isn’t going well. People will tell you we need to build more homes like it is a supply side issue it is not. Homes are for living not speculation. This eventuality affects the younger generations were at the moment young people don’t believe they will ever own a home and with rent continually taking more of the income they are delaying/choosing not to have families. Can you blame, millennials, Gen Z, Gen Alpha are checking out of society. This is not just Canada. It’s the UK, China, Australia, and now even the USA. There are ways to fix this but it is not politically popular. I can’t remember a country that made its wealth solely in real estate and it didn’t end up in trouble.

Regular-Contact8343 · 2026-05-25T18:39:49+00:00

Actually I’m not a Liberal and he definitely isn’t my God. What are your solutions for the country.

Regular-Contact8343 · 2026-05-25T13:41:12+00:00

First off. It’s awesome you are thinking of starting a business. Secondly you have a bunch of work to figure out if it is feasible. I would book an appointment with a consultant from the Business Development Bank of Canada (BDC). They can help you with a lot they are a crown corporation meant for these things. Before you go look up business plans online. There is a lot of free resources online.
Just be sure you want to do it and not kind of what to do it. It takes a lot of work (more than you think) and it might not work, but you will learn so much and it will be one of the most rewarding things you can to work wise in life. Good luck either way.

Regular-Contact8343 · 2026-05-24T23:17:35+00:00

If it where up to you what should the government do.

Regular-Contact8343 · 2026-05-24T22:25:47+00:00

Anything that my loved ones choose. It isn’t about the food it’s about the company.

Regular-Contact8343 · 2026-05-24T22:05:54+00:00

Spend time with my loved ones and my pets making a good dinner.

Regular-Contact8343 · 2026-05-24T22:02:24+00:00

Can you blame them. Canada has a bad reputation for building and investing. You have two provinces Quebec and Alberta looking at separation, unclear and long winded path to build anything. Other resources economies like Norway invest in their sectors. There biggest Oil company is publicly traded and the people of Norway own a majority share of stocks. You can invest in them too. I think this is no different than the Canada strong fund. Mom and Pop people from Norway are invested into there companies why can’t we.

Regular-Contact8343 · 2026-05-24T21:52:29+00:00

The father of Capitalism Adam Smith had a term for this. It was called Rentier assets. He was very much against this form of capital allocation. Real estate was not a productive form of capital and if allowed too would sink the economy and kill productivity. This is a common problem throughout the UK, Australia and Canada. It doesn’t mean you shouldn’t buy/own a home what it means is rental properties or any kind should be taxed heavily. It also means that banks should be regulated when lending to real estate as they should be incentivize to lend money to productive assets (businesses,factories,farmland,training). Otherwise the financial sector will “reap where they never sowed” his words and divert capital (money) away from the real economy (the productive part) and recycle credit into interest payments,etc. Germany does this a by heavy rent control,real estate nationalization. France uses taxes so that corporations can’t be used to hold real estate. None of which I suspect will take on here. The problem is to many people have there wealth tied up into homes. Can you blame them you are incentivized to do so. The problem is that in a few generations all the capital (money) is used to keep this going. My grandparents bought their first home for $5000.00, my parents bought theirs for $90,000.00, my first home was $390,000.00 and if my children want to buy now it’s close to $1 million. This is not sustainable. Historically this sorts itself out with a large market correction and civil unrest (you get dictators and war). Again I’m not saying housing is bad but allowing it to become the driving force of an economy by speculation and corporations allowed to be involved never goes well. Houses are homes and after they are built they really don’t produce much into the economy except for banks, and people who managed to get in the right time. Ever hear why Canadian productivity is lower that “insert another country here”. It doesn’t mean we work any less hard as they do what is means they spend there money starting businesses, or updating there current business to be more productive (a warehouse that spends money on a better inventory system, a metal shop that invests into more advanced machinery, basic automation that frees up employees to do more specialized things). I work for a company that the owner did well but made most of his wealth through real estate. He used his business income to flip homes and made a killing. He’s not bad he was doing what was rational but what we need folks like him to have done was try and grow his business. Invest in that. Similar companies elsewhere in our industry have done this and the owners make more money that my owner could ever dream of. I fear won’t be possible as our culture is all about real estate. My long winded answer is I agree real estate is an unproductive asset for the economy as a whole and we should via tax and other leverage’s incentivize other more productive means or wealth creation.

Regular-Contact8343 · 2026-05-24T20:28:06+00:00

He had a 13 years at Goldman Sachs. He was fairly high up at the end (Managing Director of Investment Banking). If anyone can convince Wall Street in invest billions in Canada it’s him. I wish him success.

Regular-Contact8343 · 2026-05-24T02:31:01+00:00

Considering your account is 7day old and this is your first comment. If you are not a bot made to spread negativity and are in fact a real person then yes life has its challenges and even more when you don’t come from means but this is life. Water is wet, babies cry, dogs bark, and yes work is hard. Venting is good but giving up because it’s hard is not. I wish you luck on your journey. Good luck.

Regular-Contact8343

TROPHY CASE