Patentley, untrue.
While this is the business that my Dad began to build in the early 70's, your statement is about the same as all NASCAR fans are card-carrying asshats. 
Take a look at the picture of the Caballero. The man in the white shirt is Frank. Frank owns a septic pumping business. No chit. 
The guy in the green shirt is Mike. Mike & I have been buddies since we were teenagers. Mike owns the silver/red Auburn in the garage in the second picture. His Father was a pilot for Air Canada, and Mike bought it from his father's estate.  He works for the City of Toronto, on their computer system that operates the traffic lights. 
Unlike, race cars, men are almost always the keepers of legacy with regards to old cars.
On the other hand, there is this car.
This car was owned by a well-known Canadian children's entertainer named Mr. Dress Up. His real name was Ernie Coombs. Google him, if you want...
And, like you said, the rich & famous can be taken for their money. The car was still in restoration when he died, and never was completed properly.
That's why, when you deal with these cars, you need to be sure of what the buyer requires. If you 'take' someone, they're not going to buy again, or, if they're unhappy with the car, they will tell their friends.
It's true you must know what it is you're selling.
Everything is a gamble with what we do, including the exchange rate with the U.S. dollar, which is about at par. 
~~*wiping the maple syrup from my chin*~~
How much you spend on a dog, is up to you folks. I don't have a very good one.
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