Bubble Indicators: Ferrari Sales in SV

You know you are in a bubble when Ferrari opens a new dealership in Redwood City. There is nothing like a $200,000 Ferrari to go with your freshly minted dollars, the dollars you just generated by flipping your latest start-up to say a Yahoo, Google or even Microsoft. If signs of SV optimism are directly correlated with Ferrari sales, then we are in for a nice ride, … pun intended. The dealership CEO Giacomo Mattioli told The San Francisco Chronicle, “Our location for the next three years is presold. The supply is very tight, and the demand is very high.” I for one, am happy with an AMD powered Ferrari laptop by Acer, which is my kind of scream machine, the only one I can afford.