It turns out Einstein was spot on when he was famously quoted as saying, “A table, a chair, a bowl of fruit and a violin; what else does a man need to be happy?”
In a recent video from Bloomberg, leading expert Florian Leonhard — who personally invests all his Benjamins in instruments — details why rare antique violins made 300 years ago for Europe’s elite will always play to the tune of a valuable investment.
Leonhard explains that while violins “symbolize excellence in society” not just any violin will do as a rock solid investment. Rare violins that have both form and function, meaning look and sound good — can cost as much as $10 million. He explains, “We don’t only buy a car because it has four wheels and an engine inside.”
For example, the “Lady Blunt” Stradivarius sold for $212,000 in 1971 and amazingly resold for a whopping $16 million just 40 years later. Math is hard, but that is a beaucoup return on investment. Einstein was clearly no dummy!