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My Handcrafted Opinions on Whiskies, Distilleries and Other Related Stuff
Saturday, 12 January 2019 09:06

Seaton's Law of Whisky Investing Update

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Not long after I wrote the blog a few weeks ago the news was full, as I once predicted, of news around fake whisky (so actual fake news).  An example story from BBC is below but in summary twenty-one out of fifty five bottles of rare Scotch were proven to be outright fakes.  In short I felt this required me to update my prior blog to include my new, Fourth Law of Whisky Invesment as follows:

Law 1 Investing: Allocate for investment in Whisky exactly the same amount of money you would be willing throw onto a fire and watch burn

Law 2 Buying: If you are reading on the internet or in a magazine about a great investment, then it isn't.  Law 3 now applies.

Law 3 Selling: Appear in a series of magazine articles and internet postings about how great whisky investing is.  Then sell your shit.

Law 4 Owning: The "rare" whisky you own is quite possibly a fake and worthless.  For that reason do not under any circumtances allow it to be checked.  Law 3 still applies.

https://www.bbc.com/news/uk-scotland-scotland-business-46566703

 

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