Double-digit returns investing in wine and whiskey w/ Maxwell Nee
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Double-digit returns investing in wine and whiskey w/ Maxwell Nee
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Today Ryan Pallotta is talking with Maxwell Nee. Maxwell is Managing Partner at Oeno Group, an investment firm specializing in luxury assets like wine and whiskey.
Maxwell shares his insights on why more and more investors are turning to these potent alternative assets to diversify their portfolios and protect themselves from volatility.
He points out that wine and whiskey have less than a 1% correlation to the market and also reveals that the strategy employed by Oeno Group has never returned less than 11% annually.
Maxwell then gives us a sneak peek into Oeno's upcoming launch of a wine and whiskey exchange, where investors will be able to trade these hard assets just like stocks.
Lastly, Maxwell explains why he's so excited to introduce Prometheus users to an alternative asset class generating consistent returns.