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The year ahead in luxury

Pursuits
Bloomberg

No one knows for sure what will happen this year—you can bet on that.

But that hasn't stopped Bloomberg Businessweek from laying out major trends in its annual The Year Ahead special issue

In the luxury sphere we're seeing a rise in personal shopping, schools for psychedelics, actively dumb homes, and millionaire membership clubs for the everyman. The founder of Bonnaroo even dropped in to drop some knowledge on when live events may return in 2021.

And for a little entertainment—and to help get a grasp on the uncertainty—the sports gambling news source Odds Shark helped us frame some very important questions as betting markets. 

Will Tesla Cybertruck beat the Ford F-150 electric truck to market? Will the Tokyo Olympics allow spectators? How about Keanu Reeves winning a Golden Globe? Or Andrew Yang becoming New York City mayor? 

And what are the odds Samantha Jones is going to wind up in HBO Max's Sex and the City re-boot—dead or alive?

Illustration: 731; Source: (Bitcoin, Olympics): Getty Images; Yang: Adam Glanzman/Bloomberg

Psychedelic Therapy Schools Are Popping Up Like Mushrooms

For hundreds or thousands of dollars, you can get certified to administer mind-altering—and some say, mind-healing—drugs.

The Future of Live Events Could Look Like Friends

Bonnaroo co-founder Jonathan Mayers says ongoing uncertainty is the only thing that's certain when it comes to concerts and festivals.

A Members-Only Model Is Helping Restaurants, Luxury Travel Survive

Subscriptions are fast becoming a way for pandemic-hit industries to get enough cash flow to hang on.

Smart Home Gadgets Are Not the Future

The pandemic brings back an appreciation for "dumb" interior design.

Personal Shopping Goes Mainstream, and Luxury Retailers Rejoice

Saks, Neiman Marcus, and Kay Jewelers are all staffing up for one-on-one customers, whether in-store or online.

Pour It or Store It

A proper sherried malt is a beautiful thing to behold. It can also be a beautiful thing to invest in.

Rare whisky has outperformed every other luxury asset, including fine wine, soaring some 564% in the last decade, according to the Knight Frank 2020 Wealth Report. Rising demand from Asian investors has led to marquee auctions—and even cyberattacks—regarding bottles that were expected to top $2 million.

Illustration: Xavier Lalanne-Tauzia for Bloomberg Businessweek

Whether you're looking to start a whiskey collection or pad out your cellar, these 10 bottles constitute some of the highest quality liquids to hit the market over the past several years—including a 50-year-old that's an absolute steal. Together they create a collection with a story worth showing and with a value expected to keep growing.

  • Amrut Fusion Indian Single Malt
  • Town Branch Cask Strength Single Malt
  • Waterford Single Farm Origin: Rathclogh Edition 1.1 
  • Stranahan's Mountain Angel 10 Year Old
  • The Macallan Double Cask 18 Years Old  
  • Old Forester 150th Anniversary 
  • Balblair 25 Year Old
  • Michter's 25-Year
  • O.F.C. 1995 Vintage
  • The Last Drop 1968 Glenrothes Single Malt

If you can afford it, buy two bottles—"one to stock and one to rock," as sneakerheads would say. But assuming you can procure only a single example of each, click through below to get whiskey expert Brad Japhe's detailed guide on which to pour and which to store

That Luxury Life

Source: Vendors

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It's less than a month away. You didn't forget did you? 

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The Hot Alternative Investments to Watch in 2021

Whisky, music and the great outdoors are just some of the other ways to put your money to work.

 

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