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WHISKY 'INVESTMENT': CALCULATING THE VALUE OF YOUR BARREL
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- เผยแพร่เมื่อ 12 ส.ค. 2024
- *PLEASE NOTE THAT THIS IS NOT INVESTMENT ADVICE
Join Jake Sharpe as he unravels the mysteries of buying and 'investing' in whisky.
00:00 Intro
00:40 Cask Types
01:01 Using Distillery Names
01:56 OLA, RLA, LPA
02:47 Calculating
04:15 Live Example
07:23 Our Costs vs Unnamed Brokers Costs
09:40 Who To Trust?
Are you curious about the financial aspects of buying a whisky cask? Jake breaks down the mathematics behind determining the price of a barrel of whisky, providing you with valuable insights into this fascinating market. Discover the factors that influence whisky pricing, including distilleries that allow branding and those that don't, as well as the current duty costs associated with whisky.
But that's not all! We take you on a live journey as we compare a cask recently purchased from a reputable source against an unnamed broker's offering. Witness firsthand the potential value differences and gain practical knowledge on how to make informed decisions.
Our video is packed with valuable information for those interested in 'investing' in whisky . Learn strategies, techniques, and insider tips to navigate the world of buying and investing in whisky with confidence. Whether you're a seasoned investor or just starting out, this video will equip you with the knowledge you need to make informed decisions in the whisky 'investment' market.
Subscribe to our channel for more insightful videos on whisky 'investment', industry trends, and expert advice. Join our community of whisky enthusiasts and embark on an exciting journey into the world of whisky 'investment'.
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Facebook - / thewhiskybaronuk
LinkedIn - / the-whisky-baron-ltd
www.thewhiskybaron.co.uk/
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I really appreciate not only your analysis but especially the fact that you are willing to at least name your trusted sources instead of leaving things completely vague for political expediency. Attaching your opinion to specifics in that way and putting ones reputation behind those opinions goes a long way towards demonstrating a commitment to your community and the values we often hear voiced but rarely see backed up. It’s perhaps not a “big deal” but to me it adds trust and value to what you say, so thank you.
thanks Marc, glad you've found the info of some use. IMO it's important for vendors to have these honest conversations and use real life examples as this is the only way buyers are going to become more educated in the field. thanks for watching!
Excellent and concise break down of cask buying. As always Jake, you and your team nailed another video.
thanks Ben, really appreciate the support
Just gone back and looked at some of your older content, this is the best and most honest explanation I have seen or heard. I will let others take the risk and just buy bottles of whisky I want, for £3K to £5K I can buy a lot of good and varied Whisky's for my stash that will last for years
thanks Euan, delighted to hear you found it helpful. I'd say that's a good shout - much easier to keep track of and manage a portfolio of bottles
Excellent vid and info Jake. Cheers.
nice one Al, appreciate the support as always. sláinte!
Brilliant video as always. Thank you for positively contributing to this community!
appreciate the support!
Excellent video Jake, very insightful! Thank you once again!
glad I can use my position to be of some assistance! sláinte
Awesome and informative video! Thanks, Jake.
thanks for watching!
Thank you for the education Whiskey keeps going high .🥃🍾
it does, but everything has a breaking point
Thank you very much for your honest, helpful advice. A friend of mine just bought 6 casks from one of the organisations mentioned in comments below where you would not offer a comment. This has helped me greatly. Best wishes from Sydney, Australia.
you're most welcome Frank, thanks for tuning in! if your friend would like to speak with someone independent to understand values and potential exit strategies please tell them to get in touch for a no strings attached conversation. sláinte
@@TheWhiskyBaron thank you for your kind offer. Will pass it on.
I would absolutely love to invest in Casks. i enjoy collecting bottles and have just recently dipped my toe in the Auctioning of some of my bottles, casks seam to be a logical next step in Whisky investment
it's definitely not for everyone and if you're looking at it purely as investment I'd recommend managing your expectations regarding ROI - the secondary market seems to be topping out at the moment
Good video! I know that the calculation for the RLA is just an estimation... but since the total amount of angel's share is getting lower after each year (because 2% from 500l in year 1 is more than 2% from 490l in year 2 ect...) you could use another equation.
If we take a cask with 500l OLA, 2% AS & 10 years of maturation we can calculate it like this: 500*(1-0,02)^10 ≈ 408,5 liters.
Edit: hmmm I somehow don't get how you're calculating the bulk liters 🤔
you're absolutely right - I felt that compounding loss calculations may have gone a bit over some heads though. but those with a math brain will know this is the most accurate calculation.
so bulk litres are essentially the LPA divided by alcohol strength. 60% alcohol is 0.6, 55% is 0.55 and so on - let me know what's missing from this explanation so I can make sure everything is clear
Thank you Jake very informative.
Glad to be of some help Steve! Sláinte
Excellent info and clearly presented. Thanks-it really helped 😁
thanks David, I'm glad it's digestible - so much to say but I hate droning on
Amazing video
ah, thanks guys!
Amazing info!
nice one Jordan, glad you found it helpful!
Very interesting thank you
you're very welcome, hope it's some help!
Perfentages are supposed to be multiplied with if you say 70% is 0.7, you then take *0.7, not devide by it
I don't really understand your comment but trust me, the math in the video is correct. we haven't compounded the evaporation, but this makes little difference and I find that the basic math provided is much easier for the layman to follow
Very valid information Jake thank you, slainte mhath
happy to be of some help - sláinte!
Best video you got
Glad you found it helpful 🥃🥃
A fantastic and really informative video, especially all the calculations. I had to work all this out myself!!! It would have made my life a lot easier when, as a recognised kosher whisky "expert", I was approached to assist in selecting casks for a Kosher Independent bottling for a Kosher spirits dealer in Israel a few years ago.
Glad you’ve found some value in this Reb - ideally everyone who owns casks would be given this info before the point of purchase.
I’ve seen your email and will revert as soon as I can. Sláinte 🥃
@@TheWhiskyBaronWell, it comes as a surprise to me that everyone who purchases a cask is not given complete cask provenance information in writing. This should be an industry regulation, IMO.
@@RebMordechaiReviews I couldn't agree more
@@TheWhiskyBaron what is your take on fractionalisation of a premium barrel with about 100 shares
@@hantusmostertI would advise caution. Owning 1/100th of a cask provides little to no flexibility or control over your asset and I’ve seen some shady stuff happening with cask shares
Thank you for making all of these very informative videos. They genuinely help a lot. One question if I may, can you buy and own/trade casks as a foreign investor (EU citizen) or do you have to be a British citizen. Thanks!
great question Colin! It's actually easier to take ownership of a cask as an international trader as you don't need a license yourself, you simply need to find a duty representative (a licensed individual/company in the UK) to act as your agent. This means you can have direct access/communication with warehouses without the hassle of setting up companies/licenses yourself.
Hope that answers your question!
Very informative and valuable guide.
I'm sure the same applies to rum.?.. is there an OLApa you would offer as a benchmark for rum?
glad it's proving useful! Whilst you could assume a similar pricing structure applies to rum, I won't pretend that I'm well versed in values of certain distilleries/liquids. From my limited experience rum generally is priced lower than whisky, however, it's also harder to find named brands
what companies should you trust to get a return
I would advise caution across the board this year in particular Gerry - the market is down and most businesses are clearing their shelves so as they're not exposed
Hi - why would you calculate the cost of a 23 yo cask using OLA when there is no longer 150l in there? sorry for such a basic question
Great question Tan. You’re right - usually casks will be sold on an RLA basis once they hit 10/12 years old. However, in this instance we purchased a bulk parcel on an OLA basis to secure trade pricing. This price factors in anticipated losses so as we shouldn’t end up paying over the odds once all casks are regauged. Hope this answers your question
What would be the best distilleries you’d recommend for purchasing casks from please
I quite often get offered the same casks from 2 different companies at 2 separate prices
that would depend entirely on what you're trying to achieve. I'd advise extreme caution when dealing with businesses that aren't distilling the liquid themselves (brokers, traders, stockists etc.)
Many thanks, I’ve got 4 casks now, each one from a broker, I only started collecting last year, but I’ve recently found out you can buy direct from the distillery- just wondering if there’s any you could recommend to buy from ?
@@funnyanimals6038 again, it really depends on your goals with the cask. there are some great distilleries out there but some offer better opportunities for whisky lovers that want to bottle whilst other would be better for financial speculation. all I would recommend is do your homework and don't rush into anything
Hi Jake, I was directed to Whisky Partners by bladnoch distillery. They seem very genuine but I'd really appreciate hearing your thoughts? TIA, Joe
Hi Joe, thanks for reaching out. Whilst I can't say for sure, this is likely due to Bladnoch supplying this company with bulk spirit and so there is an intrinsic value for them pointing you towards a vendor of their goods. We don't deal with them
Would you comment on Whisky And Wealth Club ?
I would not
thanks@@TheWhiskyBaron
Would you comment on Elite Wine and Whisky?
I would not
2% evaporation af 150 L pr annum - well the volume degrease, so the 2% also degrease... after 23 years, remaining volume 92
are you saying that the loss is compounding Max?