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Invest Like a Boss

297: Investing in Whisky with London Cask Traders

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Investing, Business

4.8 • 518 Ratings

🗓️ 23 May 2024

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our first episode ever on the topic of whisk(e)y features guest Oliver Court, Managing Director of London Cask Traders. There are many parallels to our previous episodes on investing in wine and we find out how it differs in the spirits space. After the interview, Derek and Johnny discuss why they think whisky may be the better investment choice of the two.

Discussed: 

Where we are:

Sponsor:

Time Stamp:

  • 00:21 - Derek/Johnny Intro
  • 04:56 - Interview with Oliver Begins
  • 24:23 - Where is the Whisky Stored?
  • 34:04 - What are the fees?
  • 42:03 - Johnny/Derek Discuss Whisky Advantages


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Copyright 2024. All rights reserved. Read our disclaimer here.

Transcript

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0:00.0

Welcome to the Invest Like a Boss podcast. I'm Sam Marks. I'm Derek Sparts. And I'm Johnny FD. We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss. Join us each week for exclusive interviews with our network of modern investors, business owners and multi-millionaires to discover new ways to invest our hard-earned cash.

0:20.3

Hey, hey, bosses and welcome to episode 297 of the Invest Like a Boss podcasts.

0:26.6

I am back in Ukraine against all good judgment.

0:33.0

And Derek is in L.A.

0:35.5

Back in my studio apartment because no more Malibu for ILAB, unfortunately.

0:41.9

But you know what?

0:42.8

I got to roll out of bed and basically my PJs right now.

0:45.3

So there's benefits to doing it from home too.

0:47.9

Yeah, absolutely.

0:49.3

How has Ukraine so far?

0:50.5

I mean, Kiev is pretty normal, but I literally could not go to my place in Harkeyev because

0:54.9

Russia's trying to invade it again.

0:57.0

And then I wanted to spend the summer in Odessa.

0:59.0

That was my original plan of coming back here.

1:00.7

But for the entire week before my arrival, Putin and Russia just been bombing civilians

1:06.3

there with like these, these mile and a half like straplnol uh cluster bomb so can't go there sounds like

1:13.4

you could use a drink johnny so maybe a good topic for this episode yeah well it looks like i'm

1:20.1

drinking it now but this is actually a tea we don't have sam on because sam is the wine connoisseur

1:26.5

i don't know if you know this but i'm a a big, big whiskey fan. I did not know that until I did this interview. And I was like, hey, Sam, why don't you hop on this interview with me? And Johnny's like, wait, I'm the whiskey guy here. So, yeah. And it's funny that I did this interview because I'm not a whiskey guy at all. So I was hoping Oliver could maybe change that for me, but whiskey is like that one liquor that I'm just like, you shouldn't drink that because you're

1:48.1

gonna have. I'm not a whiskey guy at all. So I was hoping Oliver could maybe change that for me. But whiskey is like that one liquor that I'm just like, you shouldn't drink that because you're going to have a bad night. Is it because you had a bad experience in college drinking it? Probably. Yeah. And maybe I just associate it with like hangovers and feeling terrible. Probably because I was drinking terrible cheap whiskey, honestly. That's probably it. And also, whiskey is not one of those alcohols that you should just be

2:04.0

pounded all night. It's a gentleman's drink that you have. I like to have it on the rocks

2:09.2

and just kind of sip at it. I don't mix it with anything. I just like to, I literally enjoy the

...

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