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gas monkey garage surprise

kc-steve

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it was defintly a HF box, i saw it too, but i really like that show, its nice to see a show on working on cars and showing things instead of just people fighting and the BS they put on TV. like when OCC was just starting and it was a good show, now all that is just **** TV.

I agree with that. But I'm not so sure which direction these guys are going.

As others pointed out, they aren't exactly professionals. There are many shows where they didn't make any money on sales. And "flipping" cars isn't going to help their reputation any. Richard doesn't strike me as a good businessman in all honesty. EXAMPLE: Richard told a guy last night after he sold a car, "now it's your problem . . . " That is over the top. You should never say such a thing to someone that just bought something from you.

He seems to be in it for the showmanship and popularity.

Steve
 
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90roadster

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Anyone see the Wilton bullet on the bench? Looked like a 4" machinist, it was in the background in the t-bird episode i believe. Looked well used.
 
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STANIMAL

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My tools don't know if they are stored in a SO box or a cardboard box. I would buy an HF box over any high end unit and buy more tools with the left over money. And as far as shows , I would gladly host one , gas monkey , grease monkey or dead monkey , they are not doing it for free.
 

malibu101

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EXAMPLE: Richard told a guy last night after he sold a car, "now it's your problem . . . " That is over the top. You should never say such a thing to someone that just bought something from you.

He seems to be in it for the showmanship and popularity.

Steve
I am NOT defending any of the actions shown on this series. However---

I've seen a few episodes of the show. Your example above was him selling a Corvette to a buddy of his. I think the buddys name is Dennis.
I think it was just buddy to buddy talk.
 

kc-steve

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I am NOT defending any of the actions shown on this series. However---

I've seen a few episodes of the show. Your example above was him selling a Corvette to a buddy of his. I think the buddys name is Dennis.
I think it was just buddy to buddy talk.

I could be wrong, but I think it was the two guys buying the 1938 Ford, and the older guy was probably spending his hard-earned retirement money. That's why it stuck in my head as being completely over the top. And I think he made a $20,000 profit on that, not trying to deny them a profit, but when ya say "now it's your problem" it's like saying you just got screwed.

Friend or no friend, there's an audience out there listening.

Steve
 
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signcrafter

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Its entertaining. The show needs a Adrienne Janic imo. Too much of a sausage fest.

I caught a few minutes of a show last night and they had a ******* there as a secretary or something. She was nothing special but I think that was there attempt at getting something to look at. Also had a "model" come in to do a shot with one of the cars.
 

87FoRunner

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I like the show. They do a lot of different cars like that T bird, Lincoln, that station wagon, etc. They build poser cars, and their cool. It's not like they are slanging "elanore" clones or COPO clone cars, built with cheap repro parts. They build up stuff that isn't generally gauged up by the hot rod craze (chevelle, camaro, mustang, etc).
 

IndyGarage

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I saw this show the other day.

Another stupid reality show with bad actors and stupid scenarios. Orange Choppers for hot rods.

If you believe they are doing those cars for the prices they say, I've got a bridge in Arizona for you.

If you believe slick hair actor, or bearded actor know which end of a wrench to hold - you're an idiot.

This is made for TV fantasy -pure and simple.
 

Professur

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I agree with that. But I'm not so sure which direction these guys are going.

As others pointed out, they aren't exactly professionals. There are many shows where they didn't make any money on sales. And "flipping" cars isn't going to help their reputation any. Richard doesn't strike me as a good businessman in all honesty. EXAMPLE: Richard told a guy last night after he sold a car, "now it's your problem . . . " That is over the top. You should never say such a thing to someone that just bought something from you.

He seems to be in it for the showmanship and popularity.

Steve

I believe that was the car that they hadn't started working on yet. The guy was desperate to buy it right now. The deal was he was buying it with all the problems, no warranty, no test drive, no anything. But the guy was then going to have them fix it up for him ... paying hourly rate for the work. That was what he meant by 'now it's your problem'.
 

ianguilly

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Which box is arrons? The red husky? I've never been able to figure that out.
 
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AbitNutz

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We'll see who actually takes on fixing the F40. It doubt it will be Gas Monkey. To sell a million dollar car like that it has to get certed by the Ferrari factory. I can see a decedent of Enzo Ferrari watching a couple of episodes of Gas Monkey Garage to get some background on the car...

Wait'll we see what the parts cost! A factory Ferrari anything is crazy money. We think there is a price discrepancy between Snap on and HF? Ferrari spends well over 500 million dollars a year on their F1 team. Some estimates put it closer to a billion dollars...That's right, a billion dollars. The joke a couple of years ago was that Honda went into F1 with an unlimited budget...and exceeded it. Ferrari spends more on lunch than NASCAR does on a race car.

Chum-Lee in a Maserati...that just makes me giggle.
 

Rickster

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I like the show.... it's a lot of fun to watch. As far as some retired guy spending his "hard earned retirement money" sheesh.. welcome to America. Nobody twisted his arm to buy it. Both parties walked away thinking they got a deal. That's what it's all about.
 

TheGrooveking

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I could be wrong, but I think it was the two guys buying the 1938 Ford, and the older guy was probably spending his hard-earned retirement money. That's why it stuck in my head as being completely over the top. And I think he made a $20,000 profit on that, not trying to deny them a profit, but when ya say "now it's your problem" it's like saying you just got screwed.

Friend or no friend, there's an audience out there listening.

Steve

Where are you getting $20,000 profit from? They do have to pay for parts, labor and overhead.

TheGrooveking
 

gagreen

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I saw this show the other day.

Another stupid reality show with bad actors and stupid scenarios. Orange Choppers for hot rods.

If you believe they are doing those cars for the prices they say, I've got a bridge in Arizona for you.

If you believe slick hair actor, or bearded actor know which end of a wrench to hold - you're an idiot.

This is made for TV fantasy -pure and simple.

The bearded fellow can probably turn wrenches around you. These guys are not "new" to the game. Gas Monkey Garage may be new but they have been ******* car guys off for a while even before the show. Quick google on "Richard" and "sema" show their first exploits into ******* off the established car guys. It involved a forum and thongs :D lol.

I like what they do and know that their stuff sells for what it sells at in big part to the car having a media history. It goes a long way having a car/bike/boat/golf cart/ tricycle that has a history on tv or even in a magazine. A rotting out hot rod that has been sitting for 15 years that comes with a magazine that has it in its glory days on the cover adds thousands to the sellable price. Maybe not to you but to somebody.

Majority of us of the not so largely disposable fund category look at the guys who pay these prices like morons, but just because it isnt worth that to you doesnt say it isnt to another person. Saying that Aaron can't turn a wrench because he is flamboyant on tv without doing a quick search to see what he has done off the camera is as ignorant as you get.

I'm not saying they are what Boyd's shop was. Not even going to try to compare the cars they build to the standard perfectionists that hot rodders have become taking fit over function. Guys like what they like. I have full respect for the skills required to truly build a flawless car. I know that after goodguys the trophies all go in the trailer behind the car that won them, but the real smiles are on the guys who hop in the car and tear up the road on the way home with kids pointing.

It's all a matter of opinion, but saying aaron has no mechanical skills is uninformed.
 

57JoeFoMoPar

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Sorry, but those guys are hacks. The cars they produce are mediocre from a garage builder's perspective. It's going to take a lot more than talk and attitude to impress me. As lame as the show and cars were, American Hot Rod at Boyd Coddington's shop showcased some of the best builders in the nation. Charlie Hutton is a master painter and Marcels are among some of the best tin bangers. True craftsmen in every sense of the word. Those guys aren't flipping some junker for a $2000 profit. They have multi-millionaire customers who keep a minimum of $25,000 in their individual accounts to keep their projects moving. That's PROFESSIONAL.
 
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IndyGarage

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... Ferrari spends well over 500 million dollars a year on their F1 team. Some estimates put it closer to a billion dollars...That's right, a billion dollars. The joke a couple of years ago was that Honda went into F1 with an unlimited budget...and exceeded it. Ferrari spends more on lunch than NASCAR does on a race car.
.

100% total BS. You've been duped. Ferrari is a fairly small company - with a big name.

They tell everyone they spend ridiculous money on F1, and they make it look like they spend ridiculous money, but it's all window dressing .

They do spend big money in F1, but it's nowhere near 500 million - probably closer to 50 million. Their sponsors pay about 35-40 million a year - which probably nets them about 80% of that.

That $500 million number has been running around the fan base for a few years, and they merely let it keep circulating and their idiot fans aren't smart enough to figure out it's total bunk.
 

IndyGarage

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The bearded fellow can probably turn wrenches around you. These guys are not "new" to the game. Gas Monkey Garage may be new but they have been ******* car guys off for a while even before the show. Quick google on "Richard" and "sema" show their first exploits into ******* off the established car guys. It involved a forum and thongs :D lol.

I like what they do and know that their stuff sells for what it sells at in big part to the car having a media history. It goes a long way having a car/bike/boat/golf cart/ tricycle that has a history on tv or even in a magazine. A rotting out hot rod that has been sitting for 15 years that comes with a magazine that has it in its glory days on the cover adds thousands to the sellable price. Maybe not to you but to somebody.

Majority of us of the not so largely disposable fund category look at the guys who pay these prices like morons, but just because it isnt worth that to you doesnt say it isnt to another person. Saying that Aaron can't turn a wrench because he is flamboyant on tv without doing a quick search to see what he has done off the camera is as ignorant as you get.

I'm not saying they are what Boyd's shop was. Not even going to try to compare the cars they build to the standard perfectionists that hot rodders have become taking fit over function. Guys like what they like. I have full respect for the skills required to truly build a flawless car. I know that after goodguys the trophies all go in the trailer behind the car that won them, but the real smiles are on the guys who hop in the car and tear up the road on the way home with kids pointing.

It's all a matter of opinion, but saying aaron has no mechanical skills is uninformed.
There are a lot of people who can turn wrenches around me, so that's not much of an insult, if it was meant as one.

Any guy who needs to have a stupid looking beard to be his calling card is more show than go, in my opinion, however you are right, I don't know his past, only the dumb TV show he's on, and that's enough for me...
 

justanengineer

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100% total BS. You've been duped. Ferrari is a fairly small company - with a big name.

They do spend big money in F1, but it's nowhere near 500 million - probably closer to 50 million. Their sponsors pay about 35-40 million a year - which probably nets them about 80% of that.

LMAO...youd think folks would wise up to the fact that if a company only makes ~$200M profit each year, they cant spend $500M-1B on racing....
 

Cobra Jet

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With regards to the F40 on the show - Here ya go:

http://www.ferrarichat.com/forum/288gto-f40-f50-enzo-laferrari/403113-f40-fast-loud.html

From this link from the above link (with pics), its stated the frame was damaged AND the F40 was a "total loss"...

http://jalopnik.com/5833174/mechanic-wrecks-out+of+town-owners-500000-ferrari-f40


By normal Insurance Industry procedures, a total loss claim on a high end car like a rare F40 could = salvage title branding - unless either A) the owner did not have insurance or B) the owner (or shop) bit it and did not make a claim for the loss.

If the title is "clear" - the car still has massive "Internet history"... LOL

If any of you had the money to buy an F40 (or equivalent caliber of vehicle), would you spend over $500k on one that was severely wrecked and restored, or one that was never wrecked?

It's a yes or no question.

If the purchase price as stated in the show for the damaged F40 is/was truly $400k (and was NOT a made for TV inflated shocker value), in order to profit from that car, they need to start the auction or selling price at a minimum of $400k - just to break even! That of course is still excluding any labor costs, repair costs, parts costs, prep and paint costs and/or auction fees (if applicable if sold through an auction).

For value reference purposes:
http://www.ferrarilife.com/forums/supercars-288-f40-f50/19588-ferrari-f40-values-past.html

And this sale (which was just in 2012):
http://www.motorauthority.com/news/1074599_ebay-watch-ferrari-f40-with-buy-it-now-price-of-595000

And this one (which was Iaccoca's, remains on an MSO and has super low miles is the only reason it sold for a higher value than others):
http://jalopnik.com/5878055/283-mile-ferrari-f40-sells-for-710000/

The Fast-n-Loud F40, based on all of the Internet postings and available facts , was not owned by a "Star" or "VIP", it was owned by someone who was an avid Enthusiast, so to say the car would bring any higher value due to prior ownership rights would be false.

A Ferrari F40 that has been previously wrecked, with an online knowledge of the wreck (pics are everywhere) and its online following by the Ferrari Community.... Sorry, I don't see that F40 bringing top dollar, even if it is fixed correctly, by Ferrari standards.

Don't get me wrong, that F40 CAN be fixed, and there is *some* collectibility value to it, there is no doubt about that. However, the purchase price for that specific F40 would be more realistic at or around $200k. Maybe the TV purchase price is inflated for that "wow" factor and so the audience will stay in tune...
 
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kc-steve

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Cobra Jet is someone that gets it. :)

That show is presented for the audience by doing things that are over the top, pure and simple. That's why we are all talking about it. Free publicity.

Steve
 
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Cobra Jet

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Cobra Jet is someone that gets it. :)

That show is presented for the audience by doing things that are over the top, pure and simple.

Steve

Plus - last nights episode fell on April 1... Coincidence possibly... But nearly every single automotive forum from last night to today is discussing this F40 as well as the price they paid... One way to spike ratings.

Even if not an April Fools gag -

IIRC from Wayne Carini's facts he discusses on his own show about Ferrari restorations and/or repairs. A Ferrari in such condition, to get it back on the road (or to resell via Prime Auction venues), the vehicle must use Ferrari parts. Once it has been fixed and/or painted, a Ferrari Rep. has to inspect and certify the vehicle to make certain it meets the standards put forth by Ferrari Corp., before it can retain its Ferrari linage. Wayne has bought, fixed, restored many Ferraris (even some documented on his show) - not to mention the Ferrari Communities and Collectors know those vehicles inside and out, let alone their histories. F40 or not, it has a damaged history that will follow it forever, which *could* affect any potential value of it now or in the future.

Realistically speaking, we're not talking about paint scuffs and a blown tire, that F40 had a lot of damage from the wreck - fixable, yes, but buying such a vehicle @ $400k (and most obvious dumping additional $$$ into it for repairs), when prime, undamaged, examples still sell for $500k at minimum and possible highs of $650k +/- in a current soft market.... Something is just not adding up...
 
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Cobra Jet

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This is a current post over on the Ferrari forums by someone in the know and a genuine Ferrari Enthusiast:

Join Date: Nov 2003
Location: Spring Texas
Full Name: G F O
Posts: 123

F40 on fast and loud

That $400K price is way over stated. They paid significantly less for the F40. The shop owner (seller) wanted $200K before the Fast and Loud guys showed up. The highest offer at the time was only $80K. EVERYTHING on that car was destroyed. The producer of the show bought it. Before they showed up, I sent 20 DVD with detailed photo's to everyone who showed interest in buying it and $80K was the highest offer that came in. BTW the owner of the car who was in Europe at the time it was wrecked, watched the show last night....

Just follow the link I posted from the Ferrari forum to see what's fact (they had the info on that car when it was initially wrecked).
 
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100% total BS. You've been duped. Ferrari is a fairly small company - with a big name.

They tell everyone they spend ridiculous money on F1, and they make it look like they spend ridiculous money, but it's all window dressing .

They do spend big money in F1, but it's nowhere near 500 million - probably closer to 50 million. Their sponsors pay about 35-40 million a year - which probably nets them about 80% of that.

That $500 million number has been running around the fan base for a few years, and they merely let it keep circulating and their idiot fans aren't smart enough to figure out it's total bunk.

and owned by fiat
 

emeraldcoupe

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Any guy who needs to have a stupid looking beard to be his calling card is more show than go, in my opinion,

now that's funny. he must have no talent because you think he has a stupid beard? some of you guys crack me up. :lol_hitti

I think some of the posters in this thread may be a little jealous of the people on tv, no matter what they say ;)
 

y20dth

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I'm going off topic here, BUT, in regards to the F1 "stories": the teams in F1 are there to MAKE money, not spend it.
The way it works, is that racetracks pay "Formula 1 Limited"(the company that organises the races and holds all the rights to the formula and its name) for them to come to their racetrack and race there. Racetracks try and make money thru entry-fees from the visitors.
The TV-channels pay the "F1 Limited" to be allowed to broadcast the races. These are the big bucks !
This money gets devided between the organisation(=the financial institutions and our beloved Bernie Ecclestone) and the F1-teams.
The Sponsors pay racetracks, F1 organisation AND THE F1-teams.
F1 teams spend money to be able to gather as much points as possible while spending as little as possible. At the same time, they try to have something leftover after the season. The leftover is there profit. The championsship points determine how big there piece of the pie is at the end of the season (how the pie is devided gets decided in a contract between F1 Limited and the F1 teams every couple of years).
Ferrari as well as all other teams usually end up with some sort of a leftover at the end of the season.

It's not about how many millions they spend each year, it's about how much they have leftover at the end of the season.

It is a well known fact that Ferrari's "piece of the pie" is bigger. They get a bigger piece because F1 Limited knows without Ferrari, F1 will loose a lot of its viewers/supporters.
The number of tv-viewers has an impact on the amount tv-channels are willing to pay to F1 Limited, and therefore has an impact on the potential revenue of everybody in the game.
At the end, it's all about making money, only the poor and dumb do it for fun....
 

pipsters

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Reality shows on TV aren't reality. They are a joke, pure set up.

I watch for entertainment. I do like Rick's Restorations, nice seeing how they bring things back. Somehow I doubt however they are getting people to pay the $$ they are getting, especially in Vegas.

One thing that is interesting though is that they use a LOT of HF tools. I saw that purple HVLP gun that HF sells on a couple of their shows.
 
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1Garageman

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I like the show and watch it all the time. I just hope they don't get a bunch of sponsors and in a few years start to act like Orange county ******* & Son.
 

kc-steve

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Reality shows on TV aren't reality. They are a joke, pure set up.

I watch for entertainment. I do like Rick's Restorations, nice seeing how they bring things back. Somehow I doubt however they are getting people to pay the $$ they are getting, especially in Vegas.

One thing that is interesting though is that they use a LOT of HF tools. I saw that purple HVLP gun that HF sells on a couple of their shows.

I used to like Am Restos too, but recently I watched a rerun of Pawn Stars before Am Restos started. Rick's brother pawned an old Coke machine, then they took it to Rick's Restos to fix it up. His brother pawned it then Rick restored it. The restored machine wasn't even the same machine! What a crock. I was disappointed.

A Google search will back me up.

Steve
 
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Dimitri

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Ferrari is a fairly small company - with a big name.

Ferrari makes over $2.8 billion in revenue a year. And they are owned by a company that makes $75+ billion a year.

Philip Morris, Santander and Shell alone pay into the team over $250 million a year. Total sponsorship from outside of Ferrari/Fiat is $385+ million a year. Plus the 2.5% kickback of all the prize money (over $17 million a year).

So your looking at around $400 million a year without Ferrari or their parent company even having to put a dollar into to the team.

They tell everyone they spend ridiculous money on F1, and they make it look like they spend ridiculous money, but it's all window dressing .

The team spends ridiculous amounts of money on racing, just from sponsorship, it's not far fetched to believe that Ferrari and their parent, cannot chip in another 25% over the sponsorship revenues.

Dimitri
 

AbitNutz

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McLaren was FINED a 100 million dollars in 2007......this season they are relegated to "also rans". It was the largest fine in the history of any sport.

http://en.wikipedia.org/wiki/2007_Formula_One_espionage_controversy

https://www.thepaddockmagazine.com/articles/data/the-us-13-7bn-cost-of-the-world-s-fastest-showroom


"Formula Money has calculated that, between them, the six car manufacturers involved with the sport during the last five years spent a total of US$6.3bn – an average of more than a billion dollars each. Remarkably, this total is over 45 percent of the US$13.7bn spent by all car manufacturers combined in the 60-year history of F1. It seems little wonder that half of the manufacturers have quit once the downturn set in."
 
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AbitNutz

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And we thought the U.S. government was the only entity that could spend money like this. Looks like Honda and Toyota could have bought as many F22's as the U.S. Air Force for what it dropped on F1.

The biggest spender in the last five years was Honda, which invested US$1.47bn in the sport, including a $100m payment to Brawn in 2009 to sever its association with F1. It’s fellow Japanese manufacturer Toyota was very close behind on US$1.46bn. To put this into perspective, the unit cost of the F-22 Raptor, the only stealth fighter plane in service, is around US$136m so between them Honda and Toyota spent enough on F1 over the past five years to buy a fleet of 20. The US Air Force only gets 20 of these planes per year so it shows just how much money the two rival car makers were spending on F1.
 

IndyGarage

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now that's funny. he must have no talent because you think he has a stupid beard? some of you guys crack me up. :lol_hitti

I think some of the posters in this thread may be a little jealous of the people on tv, no matter what they say ;)


Really talented people don't need "a look". They have confidence in who they are, and other people remember them because of what they can do. If you see an artist with blue spikes in their hair, I can almost guarantee they aren't a good artist - because the blue hair indicates an element of striving to be seen as artistic.

I'm envious of people who have real talent for things - not jealous, which indicates a desire to transfer their recognition to me - I don't really have any talents.

Being on a TV show is certainly not any kind of talent indicator these days, as there are literally hundreds of bad TV shows to choose from at any one point in time.
 
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