Jay Leno spent 22 years hosting “The Tonight Show” before being inducted into the Television Hall of Fame. Its valuable collection consists of approximately 286 vehicles: 169 cars and 117 motorcycles, all of which create an asset planning challenge.
In this episode, David Lenok is joined by Peter Neumann, CEO and Steve Linden, CIO of Chrome Strategies, to discuss the planning that comes with such a large collection of increasingly valuable assets. They reveal what to consider when planning a large collection of assets and detail the difference for planning and storing coins, depending on the type of collection.
Peter and Steve discuss:
- What is considered a collector’s item;
- The advantage of determining the value of a collection before asset planning;
- Difficulties encountered when storing collections; and
- The importance of maintaining the integrity of a collection.
Connect with Peter Neumann and Steve Linden:
Connect with David Lenok:
About our guest:
Peter Neumann has spent over 30 years in the commodities and financial markets. He has held senior sales and trading positions with two flagship companies in commodities and commodity related structures. He specializes in risk management consulting and product integration across multiple asset classes. Peter is an integral part of the company’s leaderboards, business development and industry rankings.
Steve Linden is the founder and CIO of Chrome Strategies Management, LLC. CSM is an alternative asset manager founded in 2015, which advises and manages The Chrome Fund I LLC. TCF is a closed-end private equity fund that invests exclusively in a global short- and long-term portfolio of vintage, collector’s and concours cars.