I've got a customer that has a pretty impressive car collection, cars that have real history or are "1 of" some low number. I'm not sure what the collection is worth but like anything else it rises and falls with the tide. I'm not sure how it came up but we got on the subject of the bozo in the White House and all the great things he's done for this country....
Apperently with one swipe of Obamas pen, the ivory business took a dump, as in doesn't exist anymore. Illegal to trade, ship, sell, legally you can't give it away. What does this have to do with anything? My customer took a multi million dollar hit overnight with a portion of his business, he still has the cars, the big house and a successful business because all his eggs weren't in one basket. The people in the industry that all they dealt with was ivory...have nothing or very little. These guys aren't street vendors selling goods to tourist but high end art dealers trading globally.
DIVERSIFY!