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Thread: 1 2 Mill Life

  1. #26
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    The Fed is completely incompetent, but these super sophisticated banks with people so smart and experienced they're worth zillions of dollars should be protecting themselves.

    This same crap happens in every industry. Midland Texas has all kinds of fire sales on everything from $150k pickup trucks to company equipment to jets when oil prices fall because they don't hedge.

    They are the bank. They are the ones responsible for their clients' money. They should be protecting it and not just blaming the fed for raising interest rates because it would cause poorly run/hedged banks to fail.

  2. #27
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    Quote Originally Posted by Lawineer View Post
    The Fed is completely incompetent, but these super sophisticated banks with people so smart and experienced they're worth zillions of dollars should be protecting themselves.

    This same crap happens in every industry. Midland Texas has all kinds of fire sales on everything from $150k pickup trucks to company equipment to jets when oil prices fall because they don't hedge.

    They are the bank. They are the ones responsible for their clients' money. They should be protecting it and not just blaming the fed for raising interest rates because it would cause poorly run/hedged banks to fail.
    It is true that SVB may have been poorly run but it would be hard to say that about First Republic or Zions. First Republic uses deposits to fund mortgages to high net worth individuals. This is what banks have always done and none of us would have houses if they didn't. Nonetheless their stock has gotten hammered. Down from $187 to the mid 30s today. SVB invested in bonds which were in their "held to maturity" portfolio. This portfolio technically is not for sale and therefor does not have to be marked to market. Their "for sale" portfolio of bonds also tanked causing write-offs.

    Bottom line IMO the Fed should have slowed interest rate increases quite a while ago in order to evaluate the impacts of previous increases.

  3. #28
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    I am no finance expert, and I don't pretend to be. Of my friends that are high end finance experts at big banks and funds, the general vibe I am getting from them is that their positions were extremely risky and far outside what would be typically expected- such large positions completely unhedged.

  4. #29
    Remember when this website had actual mods who would move drivel like above to it's appropriate forum so the thread sort of stays on topic? Good times....

  5. #30
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    Quote Originally Posted by ViperJon View Post
    Remember when this website had actual mods who would move drivel like above to it's appropriate forum so the thread sort of stays on topic? Good times....
    I mean, it started about finance and wealth...and it hasn't varied a lot.

    For the record, I like the white/blue better than the blue/white combos...but the matte blue looks amazing.

  6. #31
    I think it started with the fact that a Gen v may have hit 500k or close to it……talked nothing about finance etc until somebody decided to take this thread in the direction that several has went lately. Completely away from these cars

  7. #32
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    Quote Originally Posted by commandomatt View Post
    I think it started with the fact that a Gen v may have hit 500k or close to it……talked nothing about finance etc until somebody decided to take this thread in the direction that several has went lately. Completely away from these cars
    Meh, I enjoy a lot of the sidebar here. It's generally pretty interesting. There isn't enough traffic/volume that it causes a problem. I'd get it if there were 300 active posters and 1000 posts a day. There's literally like 20 of us that post here, lol.

    - - - Updated - - -

    Quote Originally Posted by 13COBRA View Post
    I mean, it started about finance and wealth...and it hasn't varied a lot.

    For the record, I like the white/blue better than the blue/white combos...but the matte blue looks amazing.
    I agree. I think white/blue is my favorite combo, but this is beautiful. Is there a matte white/blue? This car, just inverse?

  8. #33
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    Quote Originally Posted by commandomatt View Post
    I think it started with the fact that a Gen v may have hit 500k or close to it……talked nothing about finance etc until somebody decided to take this thread in the direction that several has went lately. Completely away from these cars
    I mean, the OP is the biggest value/finance/wealth talker on the forum...so..

    Quote Originally Posted by Lawineer View Post
    I agree. I think white/blue is my favorite combo, but this is beautiful. Is there a matte white/blue? This car, just inverse?
    That would be total tits.

  9. #34
    Quote Originally Posted by 13COBRA View Post
    I mean, the OP is the biggest value/finance/wealth talker on the forum...so..
    True, but the fact is, he has also been right about several of his predictions, so you have to recognize that. There are a few on here that hate to talk about value (usually the high mileage guys) but there is also something very satisfying about the increase in values. Our Vipers are finally getting some recognition.

  10. #35
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    Quote Originally Posted by commandomatt View Post
    True, but the fact is, he has also been right about several of his predictions, so you have to recognize that. There are a few on here that hate to talk about value (usually the high mileage guys) but there is also something very satisfying about the increase in values. Our Vipers are finally getting some recognition.
    I haven't not recognized it?

    I'm so confused as to what you're arguing.

  11. #36
    Quote Originally Posted by Lawineer View Post
    Meh, I enjoy a lot of the sidebar here. It's generally pretty interesting. There isn't enough traffic/volume that it causes a problem. I'd get it if there were 300 active posters and 1000 posts a day. There's literally like 20 of us that post here, lol.
    This is still a forum about Vipers and I am sure you can go elsewhere to talk about finances all day long if that’s what you find interesting.

    It’s a sure way to get people turned off as they don’t care about the non car related stuff. I will follow a thread with curiosity and interest until until it goes in a completely different direction and then I couldn’t care less.

  12. #37
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    Quote Originally Posted by commandomatt View Post
    This is still a forum about Vipers and I am sure you can go elsewhere to talk about finances all day long if that’s what you find interesting.

    It’s a sure way to get people turned off as they don’t care about the non car related stuff. I will follow a thread with curiosity and interest until until it goes in a completely different direction and then I couldn’t care less.
    Yet. You're still here 😉

    I get what you're saying.

    What do you have done to your car?

  13. #38
    Quote Originally Posted by 13COBRA View Post
    I haven't not recognized it?

    I'm so confused as to what you're arguing.
    You said, ‘it started with finance and wealth’ and I don’t think that was the case. Looks to me it was about a car selling for a lot of money…..maybe the most ever for a Viper. Maybe I just don’t read enough between the lines.

  14. #39
    Quote Originally Posted by 13COBRA View Post
    Yet. You're still here ������

    I get what you're saying.

    What do you have done to your car?
    I checked the trickle charger just yesterday……the several feet of snow and the Vipers just don’t get along all that well.

  15. #40
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    Quote Originally Posted by Nth Moto View Post
    I know the new owner, it's coming here for a build. Should be super exciting!
    Wow, insane! Open checkbook build I'm assuming

  16. #41
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    Quote Originally Posted by Lawineer View Post
    What kind of build? Straight line or road racing? Please don't say it's going to be another mega hp build
    Nobody does road race builds, so straight line for sure...

  17. #42
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    Quote Originally Posted by Arizona Vipers View Post
    Nobody does road race builds, so straight line for sure...
    Aaron does.

  18. #43
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    Quote Originally Posted by Arizona Vipers View Post
    Nobody does road race builds, so straight line for sure...
    Damn kids these days !

  19. #44
    Quote Originally Posted by Arizona Vipers View Post
    Wow, insane! Open checkbook build I'm assuming
    I'm trying hard to keep him on course to stay "reasonable" on this one. It's his third Nth Moto Viper and his others check off the big power desire in two tiers, so this one will be a very tastefully done NA build.

    Quote Originally Posted by Arizona Vipers View Post
    Nobody does road race builds, so straight line for sure...
    All it takes is the appropriate owner expectations and funding, and any build is possible more or less.

  20. #45
    Quote Originally Posted by Lawineer View Post
    What kind of build? Straight line or road racing? Please don't say it's going to be another mega hp build
    These comments always strike me as interesting. I get what you're saying, but at the same time, we have cars that make 5X the power of what a stock one does and they drive better than what most head/cam cars do. That probably sounds hard to believe (and I know your background in the field, so to speak) but until you get in one and experience it, it's just hard to convey over the internet.

  21. #46
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    Quote Originally Posted by Nth Moto View Post
    These comments always strike me as interesting. I get what you're saying, but at the same time, we have cars that make 5X the power of what a stock one does and they drive better than what most head/cam cars do. That probably sounds hard to believe (and I know your background in the field, so to speak) but until you get in one and experience it, it's just hard to convey over the internet.
    Oh, I don't doubt your ability to make a ton of power that is very streetable. I get it. I get why HP is fun, but it completely ruins the "balance" of the car and of course its track capabilities. I bet there aren't many 2000hp vipers that can run a fully session (if any at all). It goes from being a "sports car" to a drag car, imo. It just becomes one dimensional. It's why my "race car" is 200hp, my weekend car is ~675hp and my daily driver is +800hp. You'd think that's all backwards.

    If you removed the cost from the equation and I could pick how much power I wanted my viper to have, I'd probably say another 100-150hp. I probably could easily have that for what I spent in suspension anyway. I'd be cool with 1500 in the SUV though, lol (except I have no desire to find out how unreliable a 1500hp mercedes is).


    I'm sure that one day I'll be calling you for a forced induction build though. If my engine does go under (and I'm still under the third party warranty) and I have my next car (AMG GTR, Z07 or GT3RS are the front runners right now), I can't image I wouldn't take that money and do a nice supercharged build.
    Last edited by Lawineer; 03-23-2023 at 05:01 PM.

  22. #47
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    Quote Originally Posted by Lawineer View Post
    Oh, I don't doubt your ability to make a ton of power that is very streetable. I get it. I get why HP is fun, but it completely ruins the "balance" of the car and of course its track capabilities. I bet there aren't many 2000hp vipers that can run a fully session (if any at all). It goes from being a "sports car" to a drag car, imo. It just becomes one dimensional. It's why my "race car" is 200hp, my weekend car is ~675hp and my daily driver is +800hp. You'd think that's all backwards.

    If you removed the cost from the equation and I could pick how much power I wanted my viper to have, I'd probably say another 100-150hp. I probably could easily have that for what I spent in suspension anyway. I'd be cool with 1500 in the SUV though, lol (except I have no desire to find out how unreliable a 1500hp mercedes is).


    I'm sure that one day I'll be calling you for a forced induction build though. If my engine does go under (and I'm still under the third party warranty) and I have my next car (AMG GTR, Z07 or GT3RS are the front runners right now), I can't image I wouldn't take that money and do a nice supercharged build.
    Correct, but those cars aren't running full sessions. They're doing a warm up, a full send, maybe a second flyer, and a cool down then coming off.

    Super similar to how Feras (Corvette) and Cole (GTR) do Time Attack in their 1500+ hp builds.

  23. #48
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    Quote Originally Posted by 13COBRA View Post
    Correct, but those cars aren't running full sessions. They're doing a warm up, a full send, maybe a second flyer, and a cool down then coming off.

    Super similar to how Feras (Corvette) and Cole (GTR) do Time Attack in their 1500+ hp builds.
    Yup. It's *really* hard to cool even a "mild" 1000hp car for even a 30 min session. Heck, even 600hp takes a lot for a true street car, without pulling timing and etc. 1/3 of that is going into the coolant and oil, and 200 horsepower over 30 min is a lot of energy.

  24. #49
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    Quote Originally Posted by Lawineer View Post
    Yup. It's *really* hard to cool even a "mild" 1000hp car for even a 30 min session. Heck, even 600hp takes a lot for a true street car, without pulling timing and etc. 1/3 of that is going into the coolant and oil, and 200 horsepower over 30 min is a lot of energy.
    For sure!

  25. #50
    Quote Originally Posted by Lawineer View Post
    Oh, I don't doubt your ability to make a ton of power that is very streetable. I get it. I get why HP is fun, but it completely ruins the "balance" of the car and of course its track capabilities. I bet there aren't many 2000hp vipers that can run a fully session (if any at all). It goes from being a "sports car" to a drag car, imo. It just becomes one dimensional. It's why my "race car" is 200hp, my weekend car is ~675hp and my daily driver is +800hp. You'd think that's all backwards.

    If you removed the cost from the equation and I could pick how much power I wanted my viper to have, I'd probably say another 100-150hp. I probably could easily have that for what I spent in suspension anyway. I'd be cool with 1500 in the SUV though, lol (except I have no desire to find out how unreliable a 1500hp mercedes is).


    I'm sure that one day I'll be calling you for a forced induction build though. If my engine does go under (and I'm still under the third party warranty) and I have my next car (AMG GTR, Z07 or GT3RS are the front runners right now), I can't image I wouldn't take that money and do a nice supercharged build.
    I hear you on all that. In my opinion, I feel there are probably 50% less people who use their ACR in a "straightline oriented" format with a large side helping of drive-it-around use as there are that use them as a mainly track oriented car. Both of which are looked upon as "ruining" the car from the collector viewpoint, ha! I guess what I'm saying is that for the small percentage of the total sum of the cars that have turned them into big power monsters, there are still plenty out there that aren't to tote the flag on the circuit. It all comes down to what you want to do with your car. I'm not a capable enough road race driver to appreciate how good the ACR is probably, but I did just do another 6 second pass in an ACR this past weekend at TX2K and it was really good at doing that.

    Screenshot_20230319-201552_Facebook.jpg


 
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