Was This Finally “Peak Insanity” in Used Vehicle Prices? And all other crystal ball questions

[jeisensc]

@aronchi

Tell us you’re short CVNA without telling us you’re short

Dug this out (still true)

@jeisensc

I just spot bubbles, I can’t say when they’ll pop. One of many reasons I don’t make short bets (I also think it’s ungentlemanly, the only “positive” outcome is you make money when the shareholders lose.)

But I’ve read through enough of their history and financials to know there is no way I would take either side of the bet with them, even if it meant some karma payback for DriveTime (whose next Board Meeting needs to take place in the vacuum of space where they belong).