Insight - Time to buy a Lamborghini?

FILE PIC The Lamborghini Huracan Evo Spyder

FOR those who aspire to cryptocurrency riches, the entreaty “When Lambo?” long ago became a popular way to refer to that blessed day when you’re finally wealthy enough to buy a luxury sportscar.

The soaring price of bitcoin and other financial assets means more and more people are in a position to join that club. And after having been stuck at home for a year the newly wealthy are in a mood to spend. This is undoubtedly good news for Lamborghini’s owner, Volkswagen AG, which has seen the attractiveness of its Italian subsidiary shoot up among potential buyers of the asset.