When we talk about “alternative assets,” what usually comes to mind are things like gold or cryptocurrencies. What we love about the things we cover here at G.D. Herring is they, when curated well, hold and increase in value. One of our favorite macroinvestor-philosophers, Raoul Pal agrees with us. His excellent network Real Vision has produced a series on “alternative assets,” which include some of our favorites – classic cars, fine wine, whiskey and rum. Watch, enjoy and learn more about how these things we love to collect can add value to our lives, just as they add pleasure.
How do you store a classic car? As with anything of value, carefully. If you’re like me, you’ve put a lot of resources into your collection, including money, attention and time. Classic cars are special, and while you can certainly use these guidelines in storing any car, these are my non-negotiable storage requirements for my personal collection.