Turtle Garage has been closely following the evolution and development of autonomous cars, ride-hailing services, and the electrification of vehicles. These three megatrends have the potential to radically disrupt not only the auto industry, but everything from commerical real estate to public transportation. Earlier this week Bloomberg reported that a 49-year-old woman was killed by an […]
Bloomberg is on the vanguard of accurate and thoughtful reporting on the emerging and powerful trends of self-driving cars. In this recent article, Jess Shankleman succinctly points out why this autonomous automotive revolution is going to happen way faster than the markets (or the public) thinks. The coming transformation will claim victims from airlines to bicycles […]
Over the last few months, I have been devouring several books on artificial intelligence (AI). While we have not reached the age of full-blown “cognitive computing,” the pace of the pace of change is accelerating at an astounding rate. No industry can hide from the runaway train of Moore’s Law. The following are insightful books […]
“It saddens me to say it, but the auto industry is on an accelerating change curve. We are approaching the end of the automotive era. For hundreds of years, the horse was the prime mover of humans and for the past 120 years, it has been the automobile. Now we are approaching the end of […]
“Volvo’s unique advantage is that its two home markets — Sweden and China — are among the countries with the most generous government incentives, even though both have cut them slightly in recent months.” —Leonid Bershidsky Over the next ten years, the automobile industry will face profound changes. These changes will have a massive ripple […]
Yesterday Bloomberg reported that for the first time Apple is giving meaningful details regarding its foray into the burgeoning autonomous vehicle market. The article is posted below. Bloomberg June 13, 2017: After years toiling away in secret on a car project, Apple Inc. Chief Executive Officer Tim Cook has for the first time elaborated on […]
“A meteor is coming to the real estate industry that will fundamentally alter the location, value, and form of every real estate asset class.” -Brendan Wallace, Fifth Wall Last week I attended the annual Angelo Gordon investor conference. My firm, Hollow Brook Wealth Management, has been investors with Angelo Gordon for well over a decade. Each […]
“It’s still the same things that are killing drivers — belts, booze, and speed,” —Jonathan Adkins, executive director of the Governors Highway Safety Association This morning Intel (NASDAQ: INTC) agreed to purchase Israel’s Mobileye NV for about $15 billion. This is a major development in the advancement toward self-driving cars. This acquisition represents a seismic shift […]
Above photo courtesy of RM Sotheby’s. “Dealing with less cars means you can deal with more important cars and do a better job of them.” -Max Girardo Turtle Garage recently sat down with Max Girardo for an exclusive interview. Max is a passionate car expert who has achieved iconic status in the collector car universe. Much […]
Is innovation and technology driving us toward the Level 5 driverless car faster than we (or the market) thinks? This week Tesla Motors (NYSE; TSLA) announced that the Company will now equip all new Tesla vehicles with hardware that could eventually enable full self-driving capabilities. Tesla CEO Elon Musk stated that before 2018 a Tesla will be […]
This week’s Economist has a thought provoking article on Uber. I distinctly remember my first Uber experience in October of 2012. Ordering a black car on my iPhone evoked the same feeling I had back in early 1997 when I ordered my first book on Amazon, Both of these experiences were similar “ah-ha” moments. Suddenly, something as tedious […]
Philip Richter is President and co-founder of New-York-City-based Hollow Brook Wealth Management, LLC. The Turtle Garage Blog, he says, is dedicated to his "love of excessive personal transportation."
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