View Single Post
  #22  
Old 09-29-2009, 07:22 PM
427TJ's Avatar
427TJ 427TJ is offline
Senior Member
 
Join Date: Jan 2004
Location: PNW
Posts: 5,578
Thanks: 1,007
Thanked 293 Times in 163 Posts
Default Re: Truppi-Kling LS6 RM Auction Results

[ QUOTE ]
Anyone know why the seller decided to part with all of those prime cars? I know he didn't need the money.

[/ QUOTE ]

If he really is (was) a hedge fund manager then he probably needs some of that money back now that the whole thing has collapsed. (He must not have been very good at seeing the future--something a hedge fund manager, or any money manager should need to know, ya' know?) Seeing him (or his proxy) pay those prices at B-J a few years ago without care and now seeing him basically 'dumping' everything he bought should tell you something about the stock market vs. reality. Welcome to reality!
Reply With Quote