The Heart Cut’s Post

269. Spending On Whiskey Is Still Up Steve Malloy of Malloy’s Finest and Eric Rosentreter of Old Elk are back to discuss the financial side of whiskey and to drink some American spirits. While sipping on Virginia Distilling Co.’s collaboration with Goose Island and Old Grand Dad 16, we discuss how legacy brands are releasing more LTO’s and earlier than usual; and is building a brand on LTO’s a viable option. We also hit on the small batch blenders and their importance, retailers coming to realization that they’re not the whiskey account that thought they were, and the current glut of whiskey that producers are in. https://lnkd.in/g-t8TzNu

What is driving the value of Scotch single malt whisky? 1.        Scarcity & Rarity 2.        Growing Global Demand 3.        Cultural & Collectable Appeal As global interest in Scotch single malt whisky rises, so does its value. Yet, navigating the selection of bottles and casks for investment can prove challenging. Rely on our experts to navigate the evolving whisky market and invest with confidence. To schedule an appointment, visit our website https://lnkd.in/eZqCgMRm.   #ScotchWhiskyInvestments #whisky #WhiskyInvestments #AlternativeAssets #InvestmentOpportunity #InvestWisely

Portfolio diversification with whisky has proven to achieve higher returns on total invested assets, than in traditional assets only. 

Fib is an independent bottler with a unique approach to single cask Scotch whisky. Rather than bottling one cask at a time, Fib prefers to get creative with the spirit it acquires. Half of the cask is bottled as it comes whilst the other half is given an additional maturation in a second cask. In this review, I’ll be looking at two old single grains from Girvan, including one finished in PX cask that previously held an Islay malt. https://lnkd.in/exywBavg

Jack Daniels Bottled in Bond is a duty free exclusive. Below are the detailed laws surrounding bottled in Bond whiskey A spirit that is labeled as bottled-in-bond or bonded must be produced, aged, and bottled in accordance with the United States Bottled-in-Bond Act of 1897, which was originally passed in order to guarantee the authenticity of a spirit. While the regulation technically applies to any American-made spirit, most bonded spirits are whiskeys. In order to be labeled as “bottled-in-bond,” the act requires that a spirit: Be a product of one distillation season, defined as a sixth-month period from January to June or July to December Be a product of one distiller at one distillery Has been aged in a federally bonded warehouse under US government supervision for a minimum of four years Be bottled at 100 proof Be labeled in such a way that identifies the distillery and (if different) the location where it was bottled. #Jackdaniels#bottledinbond#sommelier#alcohol#educator#instructor

I, for one, am willing to do my part in drinking all this bourbon. But, to answer the question, no, there aren’t enough bars, retailers, or livers in America to consume it all. At least not in its current state. We’ll need to make some cocktails or something, perhaps explore themes beyond typical cowboy or Western motifs for the label. And what about the rest of the world? Can we share, right? Bourbon overexpanded; it is what it is. Retailers and distributors will have to sell off product at a loss. Producers need to explore new markets and product diversification opportunities. The hard truth is overleveraged investors are taking losses, and many brands are dead, they just don’t know it yet. Private equity partners and other capital allocators are aware of the bourbon crash. But like a sneaky car salesman with a lemon on the lot, they’re not going to say that out loud. However, whiskey isn’t a car, and it’s not all doom and gloom. Not all the funds that poured in originated from traditional institutional investors, and some stakeholders are prepared for returns over multiple decades. Depending on the investment thesis of the firm involved, the most common approaches are selling, holding, or diversifying.

Whisky of the Month: Miltonduff Miltonduff is one of the oldest distilleries that few have heard of. For those fortunate enough to have tasted Miltonduff's superb malt, its scarcity is well-known. The primary reason for this rarity is the high demand from global blends, particularly Ballantine's, which relies heavily on Miltonduff, alongside Glenburgie. Why Miltonduff is a Savvy Investment - Adding Miltonduff to your collection is a wise move for several reasons: its primary use in Ballantine's means it's rarely available as a single malt. Independent bottlers covet it, ensuring strong resale potential. Finally, the malt is excellent, making it slightly underpriced. Remember, while single malts have enjoyed tremendous growth and interest this century, blends remain the primary revenue driver for whisky companies. In short, Miltonduff is a must-buy. If any casks become available, don't hesitate. 📷️: Secret Speyside, Miltonduff 24-Year-Old Single Malt #Whisky1901 #CaskInvestment #WhiskyInvestment #whisky #whiskylover #whiskygram #instawhisky #whiskylife #scotland #whiskytasting #dram #instadram #Miltonduff

Today is Bottled in Bond Act Day. You may be asking what on Earth that means, and that's a perfectly fair question. Back in the 1800s, a lot of shenanigans were going on with #whiskey. Rectifiers were mixing all sorts of toxic things into whiskeys to make stocks and dollars go further. Think of things like turpentine, tobacco spit, etc. Consumers were getting ripped off with less than real whiskey and, in other cases, sick (or worse). To make whiskey safer and guarantee quality, Congress passed the Bottled in Bond Act of 1897, and President Cleveland signed it into law on March 3rd of that year. What, exactly, does the Bottled in Bond Act require? First and foremost, it must be a product of the United States. Add to that it must be the product of a single distiller at a single distillery during a single distilling season (January to June or July to December). It must be aged at least four years in a bonded warehouse under US government supervision and bottled at precisely 100°. Finally, the label on the bottle must state who distilled it and, if bottled elsewhere, where it was bottled. Essentially, Bottled in Bond takes out the marketing tall tales and leaves little creative wiggle room. Also, it is a guarantee of purity and quality.

What are the most important elements to consider when buying a cask as an investment? When investing in a cask, several crucial elements must be considered: 1) Price and Waiting Time ➤  The most crucial element is buying the cask at the right price for the time you are willing to wait. ➤ Profitability depends on paying less initially and selling at a higher price later. For example, buying a first-fill cask of whisky at GBP 5,000.00 (the average market price) typically requires a minimum of 5 years before selling at a profit. ➤ The investment period is essential. Holding a cask for 20 years might still be profitable depending on the brand, cask type, and whether the cask can age that long. 2) Cask Type ➤ The type of cask plays a vital role in whisky maturation. ➤ For long-term investments (18 years or more), start with a refill cask (previously filled with whisky once, twice, or even three times). Near the target maturation, transfer the whisky to a sherry, bourbon, or wine cask for finishing. ➤ For shorter-term investments (8-12 years), a first-fill sherry, bourbon, or wine cask is suitable as it adds colour and flavour to the spirit. 3) Maturation Process ➤ The maturation process improves with time, enhancing the whisky's quality. ➤ Contact with the carbon from the charred interior of the cask removes impurities, resulting in a more pleasant drinking experience. By carefully considering these elements, you can make informed decisions and maximize your investment in a whisky cask. #Whisky #WhiskyInvestment #CaskInvestment #ScotchWhisky #WhiskyCollection #WhiskyLover

The beer industry is sitting at 50% excess capacity with negative growth, so there are a lot of tanks out there sitting empty. Empty tanks are assets that aren't being utilized and costing your brewery money. Here are some strategies and tactics to use some of that excess capacity to help drive growth in these challenging times. Cheers! 🍻