The Art of Finding a 'Keeper': Guitars, Stocks, and Long-Term Value
There are many parallels between collecting guitars and selecting stocks. Here's how to identify the 'it' factor in both.
There's a big difference between being an investor and being a lover, fan, or collector.
As you may know, I’m an avid guitar player and have a collection of electric guitars.
One thing I’ve discovered is that when you collect something — whether it’s Porsches, guitars, or stocks — there’s a distinction between loving something and finding a "keeper" versus having a short-term love affair that lasts six months or six years, only to eventually sell that asset in exchange for another opportunity that might become the true keeper.
What Makes a 'Keeper'?
The keeper is the investment that has all the characteristics of not just being a great long-term asset but also something you truly love. In the world of guitars, I have a core set that belong in my keeper category.
These guitars have a unique combination of scarcity, playability, tone, beauty, and feel — qualities that make me want to keep them forever. I have no intention of selling them.