Reply to "Lamborghini Orange Closes"

Yes, but just remember one thing, pre-depression companies were actively operated by their owners, not COEs and Chair-persons who were figuring ways to make it look like there are profits so they get a bigger month end bonus. The owners were operating the companies and they were financed mainly by private investors, not 'Joe the plummer's 401Ks. AutoNation is(was) probaly heavily financed by the stock market and operated by people thinking about next Thursday's paycheck not next August's mortgage payment. The bizare thing is that when a Company goes on the stock market, fewer questions get asked about the financial statement, whereas if it was the bank, they would want to check everything.....high risk houses of cards built short term. When the wealth of a Company is measured on the stock market intead of bricks and mortar makes for a weak business. Too many layers between the floor and Management. Still I am not worried by Companies like Lambo of Orange, just like Donald Trump the owners (and operators) will resurface in a non-distant future.