Investment: Off the Beaten Track

Some people are never satisfied—particularly investors. Though 20 million U.S. share owners seek their opportunity in the stock market and millions more are attracted to bonds and mutual funds, a growing number of investors are eager to take a bigger risk in the hope of making a faster buck. They are plunging into unconventional investments that offer such attractions as novelty, tax relief and, when the investor has guessed right, quick-rising profits.

Barrels & Breeding. Many of the opportunities are new; others have been around but are just being discovered by the mass of speculators. Investment in Scotch whisky, once...

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