Collectibles as alternative investments (think Ferris Bueller’s Day Off)
| Feb 15th, 2011 | Filed under: Hedge Fund Industry Trends, Today's Post | By: AAA Staff |
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For those of a certain age, the gut-wrenching scene is burned into the back of the brain: A stunning, red, vintage convertible 1961 Ferrari 250 GT California in the famous movie Ferris Bueller’s Day Off crashing through the glass of Cameron’s Dad’s pristine garage and landing in the ravine below, a smoldering wreck.
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Another movie connection is “Joshua Now and Then” where a cellar of vintage wine has all the labels soaked off. No wine is destroyed, but the “collectible” is completely destroyed.