Part 8/9:
As Tam notes, investment in whiskey is becoming more competitive, making scouting for promising bottles a more challenging task. Nevertheless, he emphasizes that the market remains favorable, with prices expected to continue climbing, provided that global demand persists.
Risks and Opportunities
Like any investment, whiskey carries inherent risks. Market volatility, changing consumer tastes, or oversupply could negatively impact asset values. However, these risks can often be mitigated by ensuring liquidity and choosing premium, well-regarded bottles or barrels. In the event of market downturns, investors can liquidate their holdings—an advantage over more illiquid assets.