Hold Your Horses

摘要

Don't let a record-setting Ferrari fool you - the classic car market is (finally) slowing down. VROOM BUYING COLLECTOR CARS as an alternative asset class has an irresistible appeal to wealthy motorheads. A blue-chip Ferrari or prewar Bugatti is a guaranteed ticket to the fairways of Pebble Beach, Calif., during the prestigious Monterey Car Week, and to any number of Concours d'Elegance car shows around the world. Your stock portfolio, however successful, just doesn't open doors like that.