The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A Maserati on display in the Collection Auto Group showroom in North Olmsted, Ohio, Dec. 28, 2013.
A Maserati on display in the Collection Auto Group showroom in North Olmsted, Ohio, Dec. 28, 2013.
(Ben Garvin/NYT)

Cars, watches and art outperform stocks since 2005: Coutts

F. Scott Fitzgerald famously observed that the very rich “are different from you and me.” To which Ernest Hemingway is said to have responded, “Yes, they have more money.” A second rejoinder might be that the ultra-high-net-worth types can afford more desirable investments. Coutts, a British private bank and wealth management firm has compiled an index of “passion investments,” made up of posh stuff – vintage cars, fine art, classic Rolex watches and luxurious homes – which have together outpaced the growth in value of global stock markets since 2005.