Sure – if you're lucky enough to have that amount of spare money to invest, that's great. Many people don't. (i.e., they aren't that lucky - remember this is about how to do well without relying on luck).
Some people who do have that amount to invest may want to get better returns and invest in something over which they have more control.
But let's not get stuck in the weeds over the specifics.
Either path is far better than wasting money on costly, depreciating status symbols.