Part 3/9:
The fundamental reason behind whiskey's burgeoning value is its scarcity and the finite supply of rare vintages. Unlike perishable goods like wine, bottled whiskey doesn't age further once sealed, meaning its quality remains static over time. As bottles are consumed, fewer remain, driving up the market value through supply and demand dynamics. This characteristic contributes to capital gains ranging from 50x to even 10x for the most sought-after bottles.