Cars attracted frenzied speculation from the start. As Warren Buffett likes to point out, most investors got burnt: of 2,000 US car companies at the start of the 20th century three endured. “Of course, the thing you should have been doing,” the Sage of Omaha has remarked more than once, “was shorting horses.”
汽車從一開始就吸引了瘋狂的投機活動。正如華倫•巴菲特(Warren Buffett)喜歡指出的那樣，多數投資者損失慘重：在20世紀初2000家美國汽車公司中，只有3家堅持了下來。「當然，你本應該做的一件事是，」這位奧馬哈聖人(Sage of Omaha)不止一次地說，「做空（汽車問世前拖車的）馬。」
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