Discovery
A book that changes the scale of looking.
Kunstformen der Natur gives unfamiliar organisms an extraordinary graphic presence. Its plates invite close looking, while its historical authority requires a more critical eye.
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Alternative Assets
Other forms of ownership. Clearer questions.
Our perspective on Alternative Assets
THE QUESTION WE BRING
Where does the return come from, who bears the risk, and how can an owner exit?
OUR FIELD OF VIEW
- Royalties and intellectual property
- Real assets
- Private-market structures
Each selection begins with a specific subject, a reason to care and evidence worth examining.
In view.
Discovery
What an old bottle needs.
Penfolds’ recorking clinics turn an ageing bottle into a question of condition, custody and informed intervention.
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Discovery
The value beneath the bark.
Herdade da Baliza shows why productive land should be read through ecology, operating decisions and public scrutiny, not acreage alone.
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Discovery
The vintage Yquem chose not to make.
The absence of a 2012 Château d’Yquem reveals something important about the standard behind the name.
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Discovery
When an entrepreneur buys a vineyard.
Michael Baum and Julie Carabello acquired Château de Pommard in 2014. The interesting investment question begins after the purchase.
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Market reading
The catalogue that became collateral.
In 1997, future royalties from David Bowie’s existing songs became the cash flow behind a bond. The idea is stranger and more useful than the nickname.
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Market reading
Beyond the record price.
A quieter market can reward a more exacting eye. What a broad collectibles index can and cannot tell us.
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