Whiskey is a long-term asset. Since whiskey gradually improves in the cask, distillers must wait years before selling. However, waiting years to sell a product is a tough way to run a business. That’s why distillers sell their casks immediately and free up working capital. Often, the distiller will buy back their whiskey when it’s mature so that they can bottle and sell it.
About VinovestInvestingOwnershipReturns and LiquidityStorage & TaxesWhiskey InvestingFees, Minimums, PaymentListingRebalancingShippingTradingWithdrawal