Re: Investing in diamonds
I don’t know notn abt diamonds. However, there appears to be a flaw in your criterion for what is a good investment (or business POV as you put it). The other ladies also fall into the trap - that holding its resale value is a sufficient criterion.
The question one should assist is “what is the desired rate of return above the inflation rate?”. My Doha contacts are working on getting me the relevant rate in Doha. Assuming this rate is 4%, and you demand a 3% rate of return above inflation, the actual expected or desired rate of return is 3+4 = 7%.
So in 10 yrs your jewelry has to double in price (after all transaction costs).
Compliments to the chefni for getting through a post w/o spelling mistakes.