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Getting the hang of dabbling in alternative investments

The key advantage of such instruments is in the diversification they provide to a portfolio, says ANG BEN YOU

Unconventional assets: Investing in fine wine, art such as Yue Minjun's 'Black Bird', and silver and gold (above) helps provide an investment portfolio with a buffer mainly because of their low correlation to traditional securities like stocks and bonds. - PHOTO: BLOOMBERG

A few of my friends overseas buy and sell playing cards. The notion that such an endeavour would amount to any sort of business or investment seemed far-fetched - until the news came that someone in Norway had successfully funded his purchase of an Audi by selling rare out-of-print "Jerry's...