It’s Wednesday and some people who know me think I’m a wackadoodle.
I am very proud of yesterday’s post. So much so that I sent the link via email to a few people who are not signed up as followers. I hope he doesn’t mind my sharing this, but one of those people was Michael Lewis. I asked him if he wouldn’t mind telling me his reaction to the post. What did he write? “Main reaction is it’s a pity you aren’t working in sports.”
In a reply to another friend to whom I sent the link I wrote this: EVERYONE thinks “it’s a pity” that I’m out of sports and yet, here I am. Of course in reality it’s not EVERYONE or I would have never left. It’s too bad so many people are arrogant ingrates. I’ll leave it to you to conjure up the names of the people to whom I am referring.
While I really have little interest in sports, and none in baseball, I still think it was a “miscarriage of justice” that someone with my skills and experience, someone who is a pioneer in analytics and pro scouting was simply tossed aside by the entire industry. Are you tired of reading my “whining?” Tough…I am on a campaign against those who think that everyone gets what they deserve and/or that everything is a matter of destiny.
I believe that life is a Monte Carlo simulation. I think that if it were somehow possible to run the same person’s life 100 times the same life would not occur all 100 times and that numerous different lives, maybe even as many as 100, would occur. That’s my story and I’m sticking to it.
OK…the annuity value of the Mega Millions jackpot has reached $868 million and since the prize is so large the number of tickets sold will drive the jackpot even higher. By the way, the cash value of the Mega Millions prize is $494 million. One side effect of higher interest rates is that the cash value has decreased relative to the annuity value of the Mega Millions and the Powerball. For any given annuity value it takes less cash to generate the returns needed to fund the annuity. In the state in which my wonderful wife and I live we would probably net about 52 percent of the cash prize after taxes, or about $257 million.
In this post from July called Mega, I asked how many cars could a person buy if they won $154 million, which was the amount we would net after taxes if we had the only winning ticket for the next drawing. What would you do if you netted roughly a quarter of a billion dollars?
Once again, I do not expect to win the lottery. On the other hand, if I don’t play then my chances of winning are zero. If I do play then my chances asymptotically approach zero.
My taste in cars does not run to the ultra-expensive. Although I would like to be able to afford one, I really would not want a Koenigsegg and certainly not a Bugatti given its membership in the
Volkswagen Group. I also would not want to own what is, essentially, a museum exhibit that cannot be driven. I often say to my wonderful wife about the clutter in our home that we live in a house, not a museum.
Everyone who reads Disaffected Musings on a regular basis knows about my affinity for C2 Corvettes and the De Tomaso Longchamp. If the roughly 1-in-300 million odds are overcome and we won the Mega Millions, what might I buy besides those two cars?
Without revealing Ultimate Garage 2.0, here is one car that might end up in my possession:
This is a photo from Hemmings of one of the 547 1987 Buick GNXs. Car and Driver just ran this story on the evolution of the car and maybe that’s why I am thinking about it.
I can bore you with the details of how the car evolved, of McLaren’s intimate involvement with the car, of how Buick almost certainly understated the output of the turbocharged 3.8 liter (231 cubic inches for Bill Stephens) V-6 engine. What I want to say is this: it was this car, a Buick, that was without a doubt the fastest production car sold in the US in 1987. It is this car that, in my opinion, SCREAMS to General Motors to let Buick have an improved version of the Solstice/Sky as a halo car. It is also my opinion that the styling of the GNX is still fresh more than 30 years later.
Given the rarity, the GNX is not a cheap car. Hemmings currently has two listed for sale with asking prices of $105,000 and $125,000. At the Mecum auction in Kissimmee in January of 2018 a GNX hammered for $90,000, which means the buyer actually paid $99,000 with commission. Still, for a car with its rarity and history the GNX is not really expensive, especially if you just won $257 million!
Good luck to all of the lottery players out there, but not too much. WE want to win it all!