I See No Problem Here, Either

Another reason I love Scotch:

AMSTERDAM (Reuters) – While investors flee traditional markets such as stocks and commodities on growing recession fears, trade in rare bottles of whisky is flourishing.

Roughly 11 months after the launch of a Dutch online trade platform for exclusive single malt whiskies, mostly from Scotland, the World Whisky Index has seen an average return of 26.2 percent, compared to a more than 40 percent decline in the MSCI World stock index.

The money quote:

“While shares and obligations can become completely worthless, if bottles turn out to be not very valuable, you always still have the bottle to drink,” the spokesman said.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s