Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
The Times – Managing Wealth Supplement: Freddie Achom- a Collector of Investments
1. Freddie Achom: A collector of Margaux, Latour, Haut-Brion and
Investments Mouton-Rothschild] and the returns
are considerable,” he says.
Freddie Achom describes himself “I try to keep a separate account
as “a collector of many things for the investment buys.”
– cars, art and wine”. But his collections That does not always work;
are also his investments. a case of Lafite 2000, bought
“I look to invest in things I to drink for £2,750, is now worth
enjoy,” says the entrepreneur, £20,000 and Mr Achom says
whose Rosemont Group has ruefully that he cannot afford
business interests ranging from to drink it.
Italian kitchens to overseas But he also invests in New
property consulting to members- World and Californian wines,
only clubs. “If you invest which is a riskier bet for most
wisely, you can drink for free.” people, but he is confident of
But his wine buying has a finding the right investments.
more serious side. He plans to “If you select wisely and stick to
fund the education of his two cult or boutique wines, you can
children, currently aged four make money,” he says. “Vineyards
and two, through his purchases. such as Screaming Eagle
“I always buy the five First [which produces a very limited
Growths [Chateaux Lafite, amount every year] can perform
as well as Bordeaux.”