Saturday, October 05, 2019

Whisky – a “Robust" Investment?

Would you pay $20,000 or more for a 50-year-old Glenfiddich? How about this high-design bottle of Glenlivet, with contents that date back to the Battle of Britain?

Welcome to the world of collectible whisky. Sotheby's offers this aspirational guide.

To those of us who go into shock at the price of a decent 12-year-old single malt, the notion of collecting rare bottlings seems daft. On the other hand, the everyday bottles on your liquor store's shelves might not be a bad investment. On October 18th, whisky and other European luxuries are due to be hit with a  25% tariff.

1 comment:

Jim Gust said...

Classic example of the "greater fool" theory of investing. No thank you.

Good tip on beating the tariff, though. The only imported spirits I drink are chartreuse, usually on special occasions. Learned of it from my father-in-law, who lived in France for a time.