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MI154: Pricing Power & Ferrari Stock w/ Arif Karim
Millennial Investing - The Investor’s Podcast Network
The Value of a Company in a Sack Market
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Ferrari's average selling price in 20 15 was 271 thousand dollars per unit, and they were selling 7, looks like seven thousand 664 units that they sold. T last year, their average selling price was 320 thousand dollars, and they had over 11 thousand unit s they sold. So it's not that they necessarily take the same unit and increase its price. No, dramatically. It's more like, in every x umberof years at usold i they' befresh ever three years, and may come out like a revamped product.
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