Big Quote by Ant Anstead
“I heard a stat claiming there's a new millionaire in China every 10 minutes - that means there are more millionaires than there are available cars. That's why cars that only come up once in a lifetime, like a Jaguar D-Type, will always fetch such big sums.”
About This Quote
Source Interview: Car Collector Podcast, 2023
Wealth growth outpaces car production, making rare cars like the Jaguar D‑Type highly valuable due to scarcity.
In simple terms: More rich people than cars makes rare cars pricey.
Key Takeaway
Rare items stay valuable.
Themes
wealth
scarcity
valuation
Mood
analytical
curious
Type
economic
collectible
When to use this quote
- investment
- automotive auctions
- luxury markets
Key Concepts
economics
collectibles
Questions to Reflect On
- How does scarcity influence price?
- Can rarity guarantee investment safety?
A Different Perspective
Market fluctuations can affect value despite scarcity.
![“Of course, you don't have to have a degree to be rich. You just have to have ideas. Maybe having a degree sets you back, for it stuffs you into tick-tock [the daily grind of work], and perhaps that stifles your creative mind. But the fact is that many millionaires have few educational…” quote by Stuart Wilde](https://sms4smile.com/quotes/img-quotes/48b/stuart-wilde-5226_common_of-course-you-don-t-have-to-have-a-degre_572504.jpg)
