Ferrari

“There's gotta be 75 cars in that, maybe a hundred cars in that collection and not one Ferrari.”

“I don't think it's gonna kill Ferrari, because they're already making hybrids, and a large percentage of the cars, something like 25%, are already hybrids. So I think they're gonna be fine, but that is a risk.”

“So they make something like, I believe their EBITDA margin is 35%. So no car company has that much, that big of a margin.”

“So for every Ferrari sold, something like 65% is being sold to someone who already buy or who already owns a Ferrari and has bought one from a dealer, meaning their LTV is massive.”

“I didn't realize it was the seventh largest car company in the world only selling 10, 13,000 units.”

“And so they've been assholes from day one, and that's why it's such a great brand.”

“In 2023, the revenue grew 17% to about six and a half billion dollars. They're very profitable. Their net profit last year was 1.3 billion dollars.”

“Lamborghini was a tractor maker, and Ferrari wouldn't sell him a car, so he made his own.”

“Ferrari makes more profit per unit. For every unit they sell, they make more profit than any other car and maker in the business.”

“Okay, so if I had to put my own money, if I had to put a 100,000 dollars, let's say, into either Ferrari or TKO, I think I would go Ferrari. I think I would go Ferrari, but I think TKO has significantly higher upside. Significantly.”

“Making your customer jump through hoops in order to acquire the good. It makes it so much more valuable. The problem is, is that's really hard to pull off. But if you can pull it off, you have the will and discipline in order to, like, take this risk. It's pre…”

“General Motors sells two and a half million cars a year, and is a, like, 50 billion-ish dollar company. Ferrari only sells 13,000 cars. 200 times less, right? 200 times fewer customers, less reach, but is an eighty billion dollar company, so almost double the …”