On Monday we challenged investors to stop reacting to the market and instead focus on the returns they expect. In this regard, we posed several questions in an effort to help you determine where the (auto retail) industry might be going, and as such, what companies (investments) appear to be best positioning themselves to capitalize from said trends. The first question we posed while seemingly obvious (will consumers always need transportation?) marks an imperative starting point. To be honest, as we pondered this question, we get a little concerned.

It’s amazing to us how industry participants worry so much about getting a fair share of the pie, focusing lobbying efforts on things like the ...