4.9 • 866 Ratings
🗓️ 26 September 2024
⏱️ 56 minutes
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0:00.0 | In Europe, Kasa is actually a pork rib, and I'm Jewish, so it's kind of confusing. |
0:06.1 | Anyway. |
0:18.9 | This is Bourbon Pursuit, the official podcast of Bourbon, bringing to you the best in news, reviews, and interviews with people making the bourbon whiskey industry happen, and I'm one of your hosts, Kenny Coleman. |
0:30.2 | As a listener of Bourbon Pursuit, you already know more than the average bourbon consumer that is going and walking through the aisles. |
0:37.2 | And we get into tons of different discussions that surround the whiskey industry. |
0:40.8 | And you've heard us talk about barrels that aren't owned by distilleries, but they sit on the |
0:44.9 | books of brokers, or otherwise known as Middleman. |
0:48.0 | With the explosion of bourbon over the past few years, the cost to acquire these barrels |
0:51.4 | from brokers has skyrocketed. |
0:53.6 | And whenever there's an |
0:54.5 | opportunity to make money, you know more people are going to get into the game. Today, there |
0:59.6 | are millions of barrels aging in warehouses that don't belong to any brands, but they're done as |
1:04.7 | investments for anybody willing to take the risk. It's really no different than the stock market. |
1:09.6 | And for that reason, we have Jeremy |
1:11.1 | Castler and Sarah Havens from Cask X join the show. We talk about the business model and how |
1:16.5 | anyone with some money to spare can put their dollars into barrels of whiskey as an alternative |
1:21.1 | investment. We go through the legal ramifications and the unrealized benefits of being a |
1:26.4 | Kask X customer. |
1:31.6 | We also talk about the current market and where you're seeing a decline in prices, |
1:34.2 | and if that means all good things come to an end, |
1:38.7 | or if the market's still pretty strong, and it's a good place to think about future investments. |
1:43.2 | But with that, enjoy this week's episode, and now here's Fred Minnick with Above the Char. |
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