c/world · u/HellsBelle@sh.itjust.works · 101 points
Investors buy a cask of whisky when it is first produced and then hope that it rises in value as the spirit ages in the barrel.
It takes three years for spirit to become Scotch whisky in a cask, and investors are encouraged to keep barrels for up to 10 years or more to maximise returns.
u/SkyezOpen@lemmy.world · 3 points
True, but I think the SPY puts did that first.
u/Wilco@lemm.ee · 8 points
It says Trump is in office.
u/SkyezOpen@lemmy.world · 9 points
Say what you will, I'll let my portfolio do the talking.
What does -$10,000 say?
u/Kyle_The_G@lemmy.world · 6 points
exactly, those memes were top tier back in the day
u/Cocopanda@futurology.today · 7 points
[removed]
u/Fredthefishlord@lemmy.blahaj.zone · 1 points
Good thing there's a solution to that
u/Kyle_The_G@lemmy.world · 16 points
God I miss wallstreetbets.
u/CameronDev@programming.dev · 3 points
Sure, sure, "evaporate". Your secrets safe with us :D
u/essell@lemmy.world · 6 points
I want that on a t-shirt
u/RowRowRowYourBot@sh.itjust.works · 6 points
It does evaporate over time. I worked in booze auctions for years. There are a lot of older bottles that have never been opened that are half full.
u/CameronDev@programming.dev · 2 points
Stored correctly it may not be, but a little rat urine can spoil anything :)
u/Helvetica@sh.itjust.works · 37 points
The problem wasn't that barrels were perishable, the problem was that they (mostly) didn't exist.
u/lurch@sh.itjust.works · 27 points
investing is always a bit of a gamble
u/rbesfe@lemmy.ca · 12 points
Whisky isn't perishable
u/Kyrgizion@lemmy.world · 32 points
"Investing" in anything perishable seems to be a bit of a... well, gamble to me.
u/Evotech@lemmy.world · 15 points
Wild. Seems insane to just go all in on some you have no idea about
u/GraniteM@lemmy.world · 7 points
Aw, I remember hearing about these years ago and thinking that investing in a cask of booze sounded so much cooler and more real than investing hallucinatory financial instruments or whatever.