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Can a lot of Italians afford a Ferrari?

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I'll let some actual Italians in Italy provide the definitive answers to this question, but I will share my observations based on multiple visits to Italy… No, they can't. read more

No. Simple. Ferrari is a luxury good. Something is not a luxury good if a lot of people can afford to buy. The cheapest Ferrari in production is California, around 200k euro in Italy. Doesn’t seem to me something that a lot of people anywhere can buy. read more

Ferrari is one of the most recognized luxury brands in the world, capturing the imagination of ultra-exclusive luxury, high performance sports cars and the rich and famous. It’s stock, however, trades at a 30% discount to intrinsic value according to John Archer, and that’s what makes Ferrari one of his best ideas. read more

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