Thursday, August 1, 2013

vinyl, an investment ?

These days, people are trying to find new values to invest in. And it seems vinyl records are becoming one of these assets people collect in order to speculate. Well, there's a huge matter in this business, which is time (today's records might be valuable only in a decade or more), not to mention the relatively small market (high bidders are not so numerous). 
Anyway, Channel4 posted an article about this investing trend, as well as the very serious Wall Street Journal. You might be interested in the story of Craig Kallman, CEO of Atlantic Records, who owns nothing less than 750,000 records. Yeah, that much. Probably one of the world biggest private collections. 

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