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The One-Hit Wonder That Became a $175M Fortune
New York Post ^ | January 27, 2017 | Natalie O'Neill

Posted on 01/29/2017 8:36:00 PM PST by nickcarraway

The musician who wrote the famous techno tune that appears in the movie “Ferris Bueller’s Day Off” got filthy rich by investing the cash he made from it into lucrative companies, according to a report Friday.

Dieter Meier’s song “Oh Yeah” — which features the catch phrase in a quirky slow-mo baritone — made a $175 million fortune by pouring the song money into train and currency companies, he told the Wall Street Journal.

The tune was first used in an iconic scene in which Ferris, played by Matthew Broderick, opens a garage and finds his pal’s dad’s shiny new Ferrari.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Music/Entertainment; TV/Movies
KEYWORDS: borisblank; dietermeier; ferrisbuellersdayoff; ohyeah; techno; yello
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1 posted on 01/29/2017 8:36:00 PM PST by nickcarraway
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To: nickcarraway

That was an antique Ferrari, wasn’t it?


2 posted on 01/29/2017 8:38:57 PM PST by Arthur McGowan (https://youtu.be/IYUYya6bPGw)
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To: nickcarraway

I’ve heard that song in films and commercials more than I ever remember hearing it on the radio.


3 posted on 01/29/2017 8:40:05 PM PST by ZirconEncrustedTweezers (Nothing is sometimes the right thing to do, and always a wise thing to say.)
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To: nickcarraway

WSJ article to which the NY Post article points:
http://www.wsj.com/articles/oh-yeah-the-song-from-ferris-buellers-day-off-is-catchy-irritating-and-the-origin-of-an-investing-fortune-1485531358?mod=e2tw


4 posted on 01/29/2017 8:41:46 PM PST by oblomov (We have passed the point where "law," properly speaking, has any further application. - C. Thomas)
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To: Arthur McGowan

It was a replica based on a 240z Datsun.

The original Californias are 20 million plus now. The GTOs are 50 million dollar cars.


5 posted on 01/29/2017 8:42:56 PM PST by TigerClaws
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To: nickcarraway
it was also featured in The Secret of My Success
6 posted on 01/29/2017 8:43:59 PM PST by Chode (may the RATS all die of dehydration from crying)
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To: Arthur McGowan

It was a 250GT California Spyder - or, at least, a reasonable facsimile thereof. Like most other Ferraris of this era, a real California Spyder is very rare.

There are a few shots of real Ferraris in the film, but for the action shots they actually constructed replicas of the car.


7 posted on 01/29/2017 8:44:14 PM PST by ZirconEncrustedTweezers (Nothing is sometimes the right thing to do, and always a wise thing to say.)
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To: nickcarraway
Oh, Yeah
8 posted on 01/29/2017 8:45:22 PM PST by kosciusko51
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To: nickcarraway

If you are a good investor and have some money, you can get rich. I know a guy who sold his company in 2004, and invested the money in 10 different stocks. One of them was Apple Computer, and he’s now collecting a quarter of a million a year in dividends.


9 posted on 01/29/2017 8:45:44 PM PST by proxy_user
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To: ZirconEncrustedTweezers

I mention because the article referred to it as “new.”


10 posted on 01/29/2017 8:46:40 PM PST by Arthur McGowan (https://youtu.be/IYUYya6bPGw)
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To: ZirconEncrustedTweezers

I mention because the article referred to it as “new.”


11 posted on 01/29/2017 8:46:42 PM PST by Arthur McGowan (https://youtu.be/IYUYya6bPGw)
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To: TigerClaws

I remember being at the Monterey Historics one year where they had one race group that was nothing but Ferrari 250GTO’s - about a dozen or so of them if memory serves. Which is pretty impressive, considering there were only about forty of them ever built!

Not to mention there were three GTO’s at the Historics this past year. I know the car was built to be a racer - I’ve seen one up close and there is absolutely nothing in a GTO’s interior that doesn’t have to be there - but I don’t know if I can stomach the idea of racing in a car worth eight figures.


12 posted on 01/29/2017 8:47:35 PM PST by ZirconEncrustedTweezers (Nothing is sometimes the right thing to do, and always a wise thing to say.)
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To: Arthur McGowan

I probably missed that part.

If I ever hit the big one in the lotto, I want a Ferrari. It probably won’t be one of that vintage, but with that kind of money it WILL have a V12 under the bonnet.


13 posted on 01/29/2017 8:50:14 PM PST by ZirconEncrustedTweezers (Nothing is sometimes the right thing to do, and always a wise thing to say.)
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To: ZirconEncrustedTweezers

I think 39 GTOs were made. Saw some show recently and a guy was racing one. Says his insurance doesn’t cover racing. 50 million dollar car and racing it without insurance. !

That’s awesome you get to see them in action. I’d love to go to that Monterey car week one year. Just need the $$....


14 posted on 01/29/2017 8:51:23 PM PST by TigerClaws
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To: ZirconEncrustedTweezers

Not a flat 12 like the Testarossa had?


15 posted on 01/29/2017 8:52:37 PM PST by Olog-hai
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To: Chode

I remember that too, for some reason.


16 posted on 01/29/2017 8:55:18 PM PST by nickcarraway
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To: nickcarraway

That song was in about 4 or 5 movies at the same time.


17 posted on 01/29/2017 8:55:43 PM PST by a fool in paradise (The COM-Left is saddened by the death of the Communist dictator Fidel Castro. No surprise there.)
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To: nickcarraway

The Beatles version of Twist and Shout also got placed in several films that year.


18 posted on 01/29/2017 8:56:12 PM PST by a fool in paradise (The COM-Left is saddened by the death of the Communist dictator Fidel Castro. No surprise there.)
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To: nickcarraway

They sure didn’t spend the money on the music video.

Yello - Oh Yeah (official video)
https://www.youtube.com/watch?v=6jJkdRaa04g


19 posted on 01/29/2017 9:00:18 PM PST by a fool in paradise (The COM-Left is saddened by the death of the Communist dictator Fidel Castro. No surprise there.)
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To: nickcarraway

Duff Beer — Oh Yeah!

https://m.youtube.com/watch?v=NMRheaAUSYU


20 posted on 01/29/2017 9:00:31 PM PST by boycott
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