How about Dave Gilmour’s guitar?
In times of low interest rates, the tendency to participate in auctions increases. If you have fun with it, you should strike. If you want to invest money, you should go public.
Georg Graf von Wallwitz, literary fund manager and partner in the Munich fund company Eyb & Wallwitz, recalls in the latest edition of his “Börsenblatt an die educated estates” what the ancient Greek historian Herodotus wrote almost 2500 years ago about the lords of the Persian Empire at that time: They used to make important decisions twice – once sober and once while drunk. Today we want to discuss a long-term investment strategy, which experience has shown is also practiced by people who not only make decisions in a sober state – and often pay bitterly for them.
Anyone involved in contemporary electric guitar music will have heard of a guitar called the Fender Stratocaster, which was made popular around 1970, not least by Jimi Hendrix. A search on the Internet shows that a well-preserved black Stratocaster from 1969 is available today for a high four-digit amount. That’s a pretty penny, but there are people who can easily afford it. Nowadays, among others, managers, freelancers and investment bankers who are getting on in years, who played in amateur rock bands in their wild youth, buy such instruments – sometimes out of nostalgia, but sometimes as an investment.