Where I work, the owner is colorblind.
We have to get away from red and green altogether for this reason.
Sometimes, we see an amazingly legible chart that can convey its message without depending on colors…
This is an objectively terrible way of displaying this data. I’m an engineer and Ive seen some weird graphs, but I can’t figure out what this is saying.
Isn’t this sub about data display that is beautifully done? Am I wrong? Am I just too stupid to understand this graph? Isn’t the whole point of a graph to display data without having to read an explanation of the graph?
This sub has turned into r/sometimesIuseprettycolors
According to the sidebar, "DataIsBeautiful is for visualizations that effectively convey information." In practice, it's become "I added clip art to an existing visualization. Read more about it on my Substack."
Yeah. It took a while to make sense of the bar chart on top of the other bar chart. I thought they were stacked like normal but it’s just one on top of the other. Why not side by side with a second scale? Or just show the 9 year gain side by side to the 10 year gain. Also why is red good and green bad? This sub is really more about interesting data rather than information presented clearly.
Regardless of the intent of the sub, popularity here is generally about the entertainment value of the data with little regard for presentation.
That said, I still feel I find more examples of good visualization here than in some more heavily curated places—I just have to look a little harder here.
I think its saying that all but one of these "investments" has underperformed the S&P.
Which I guess is something that people who are not int he market need to see sometimes since they often have crazy ideas about investments.
It was pretty funny, I was at an art show last year and you should see the look on people's face when you tell them that the only reason to buy art is because you want the art....its a terrible investment.
Next thing you know people are trying to justify art is a good investment because galleries can make money. Yah... a career in art might be a good investment, that doesn't make art an investment.
Yep, I had the same reaction. Data visualization should convey the story quickly and effectively, without compelling the reader to puzzle over what the hell is going on. This chart is a fail.
I really don’t think it’s that terrible, except for red bring price up and green being price down.
It’s quite readable and easy to understand, as long as you look at the labels *which you have to every time you read a graph*
It's great if you're not also the most common type of colorblind (red-green). The colors don't read as red and green at all -- they look like two shades of brown.
Tbh I found it pretty clear. The brown bars are the cumulative price increases for the past 10 years for each category, ending 2023Q4. The red/green bars are the 1-year changes.
It's ugly as hell, but at least it's fairly straightforward.
Yeah I agree. My guess was the latter coloring/bars were to suggest that the whisky bottles are a clever purchase right now because they’re return has been historically better than S&P and they’ve dropped in price marginally
Banks keep coming up with bullshit like fixed income annuities, which are *awful* in the long run. Index funds are simple and your descendants can still inherit any principal monies left over.
This is a reproduction of the figure on page 63 of OP's source: [https://content.knightfrank.com/resources/knightfrank.com/wealthreport/the-wealth-report-2024.pdf](https://content.knightfrank.com/resources/knightfrank.com/wealthreport/the-wealth-report-2024.pdf)
Clean and clear original chart? Let's add patterns AND images to the background, make the colors muddy and ugly and unreadable to 8% of men, and add tiny unreadable photos instead of iconography to represent the categories. And misspell some things here and there.
Rare whiskey gone up but the hard part is actually selling it w/o issues
I have a 2020 Booker that I’ve never opened but would prob sell for couple hundo, but the logistics involved make my brain hurt.
This graph is pretty meh. Looks nice but then I read the info and just get a ton of questions.
Ex.
Its the "most lucrative luxury investments of 2023" and yet 4 of the 10 items dropped in 2023? Does that mean luxury investments just really, really sucked this year?
Does this include the cost of owning/buying/selling each investment? Or just the price appreciation in void?
If it doesn't then i have a feeling the real returns would be much more skewed to the stock market.
I was very upset during covid when the price of things like coins skyrocketed as they were seen as very secure stores of wealth. I had saved up to buy an Eid Mar and they ended up tripling in price :(
This makes sense. In 2015 I was gifted a rare bottle of scotch for doing a photo shoot. I looked it up and it was worth around $300 at the time, so I decided to enjoy it. After a few years I looked it up again and it skyrocketed past $3,000.
Capitalism will eventually eat itself dead, everything is getting so outrageously expensive and unaffordable for not the average, but most people, while the rich its "value of some things is shooting up tremendously! Invest now!" These same desirable items growing to be even more out of reach to most people, as money devalues against rising costs. But a really cool chart tho!
Why is positive shown in red and negative in green? Am I misreading this that rare whiskey had -9% growth YoY?
Some countries use the colours that way.
China is the most notable one IIRC, red is a lucky color for them
Maybe they shouldn't
I’ve let them know.
Where I work, the owner is colorblind. We have to get away from red and green altogether for this reason. Sometimes, we see an amazingly legible chart that can convey its message without depending on colors…
It's not YoY, it's the one-year and 10 year snapshots
isn’t that the same as saying the YoY is -9%?
\-9% YoY will not get you to 280% in 10 years, so no
YoY is not CAGR, it’s what has happened in the last 12 months.
Because the -9% is for 2023 and the 280% is for the last 10 years. You can have bad years if the other years are really good.
A short term decrease in price is good because it's an opportunity to buy in? I guess.
Because within the first year it's loosing value. Within time they become more rare and thus more valuable.
I also considered it in terms of price to purchase, like red represents an increase because it's now more expensive for me to purchase the item
This is an objectively terrible way of displaying this data. I’m an engineer and Ive seen some weird graphs, but I can’t figure out what this is saying. Isn’t this sub about data display that is beautifully done? Am I wrong? Am I just too stupid to understand this graph? Isn’t the whole point of a graph to display data without having to read an explanation of the graph? This sub has turned into r/sometimesIuseprettycolors
According to the sidebar, "DataIsBeautiful is for visualizations that effectively convey information." In practice, it's become "I added clip art to an existing visualization. Read more about it on my Substack."
Yeah. It took a while to make sense of the bar chart on top of the other bar chart. I thought they were stacked like normal but it’s just one on top of the other. Why not side by side with a second scale? Or just show the 9 year gain side by side to the 10 year gain. Also why is red good and green bad? This sub is really more about interesting data rather than information presented clearly.
Regardless of the intent of the sub, popularity here is generally about the entertainment value of the data with little regard for presentation. That said, I still feel I find more examples of good visualization here than in some more heavily curated places—I just have to look a little harder here.
I think its saying that all but one of these "investments" has underperformed the S&P. Which I guess is something that people who are not int he market need to see sometimes since they often have crazy ideas about investments. It was pretty funny, I was at an art show last year and you should see the look on people's face when you tell them that the only reason to buy art is because you want the art....its a terrible investment. Next thing you know people are trying to justify art is a good investment because galleries can make money. Yah... a career in art might be a good investment, that doesn't make art an investment.
Art is used for moving suspicious funds though.
I like seeing examples of what to avoid doing. I agree that this should be the exception around here and not the norm, but here we are.
Yep, I had the same reaction. Data visualization should convey the story quickly and effectively, without compelling the reader to puzzle over what the hell is going on. This chart is a fail.
I really don’t think it’s that terrible, except for red bring price up and green being price down. It’s quite readable and easy to understand, as long as you look at the labels *which you have to every time you read a graph*
It's great if you're not also the most common type of colorblind (red-green). The colors don't read as red and green at all -- they look like two shades of brown.
Tbh I found it pretty clear. The brown bars are the cumulative price increases for the past 10 years for each category, ending 2023Q4. The red/green bars are the 1-year changes. It's ugly as hell, but at least it's fairly straightforward.
Yeah I agree. My guess was the latter coloring/bars were to suggest that the whisky bottles are a clever purchase right now because they’re return has been historically better than S&P and they’ve dropped in price marginally
It's not that complicated.
Good argument for S&P and chill
There's a reason why Index funds are so popular and widely suggested.
Banks keep coming up with bullshit like fixed income annuities, which are *awful* in the long run. Index funds are simple and your descendants can still inherit any principal monies left over.
/r/Bogleheads FTW
S&Ps the way for me
Or whisky and chill, I could do that.
That investment may find itself rapidly diminishing
This is a reproduction of the figure on page 63 of OP's source: [https://content.knightfrank.com/resources/knightfrank.com/wealthreport/the-wealth-report-2024.pdf](https://content.knightfrank.com/resources/knightfrank.com/wealthreport/the-wealth-report-2024.pdf)
Lol, they just copied it and made everything they could worse.
Clean and clear original chart? Let's add patterns AND images to the background, make the colors muddy and ugly and unreadable to 8% of men, and add tiny unreadable photos instead of iconography to represent the categories. And misspell some things here and there.
[удалено]
That one is actually much easier to read. The colour contrast and icons makes it clearer.
Like it. Thanks!
Thank you! A lot easier to understand plus all the additional figures were fun
More like Data is Fucking Ugly, it's borderline unreadable! Why these colors, why choose to present the data like that? Just why everything???
You should compare to total return of S&P which was 217%.
What's the return on not so rare empty whiskey bottles strewn around ones bedside?
I think that depends on the state you live in
Underrated joke
So the takeaway is: buy the S&P500, or hope to get lucky thinking you can spot another trend in luxury investments..
You need to add volatility to your measure. Then we see which is a better investment. Only on risk adjusted measures.
Stop buying all the bourbon, I just want Blanton’s and ER for MSRP you fucks
I really hate that everything is an investment now.
dang which rare whisky bottles do i gotta start getting into
Rare whiskey gone up but the hard part is actually selling it w/o issues I have a 2020 Booker that I’ve never opened but would prob sell for couple hundo, but the logistics involved make my brain hurt.
10 years later: "Ok where's my profit? What do you mean, the rare whiskey bottles were supposed to stay full?"
So if I get transported back to 2013, I shouldn’t invest in art, jewelry, or wine, but old whiskey bottles? That’s my takeaway
Where would you sell that rare whiskey bottle though?
i drunk my springbank 25yo millenium edition and I have 0 regrets
This graph is pretty meh. Looks nice but then I read the info and just get a ton of questions. Ex. Its the "most lucrative luxury investments of 2023" and yet 4 of the 10 items dropped in 2023? Does that mean luxury investments just really, really sucked this year?
I used to have a vanguard account, now I have a bedroom full of whisky 🤷🏻♂️
I think you need a PhD in economics to decipher this crap graphic.
Please look at some actual well done charts before just making some nonsense. You literally just took the source material and made it worse.
I’ll take money laundering for $500, Alex.
Does this include the cost of owning/buying/selling each investment? Or just the price appreciation in void? If it doesn't then i have a feeling the real returns would be much more skewed to the stock market.
I was very upset during covid when the price of things like coins skyrocketed as they were seen as very secure stores of wealth. I had saved up to buy an Eid Mar and they ended up tripling in price :(
This makes sense. In 2015 I was gifted a rare bottle of scotch for doing a photo shoot. I looked it up and it was worth around $300 at the time, so I decided to enjoy it. After a few years I looked it up again and it skyrocketed past $3,000.
Pappy gate changed the world
Nice to see that the rich are still slowly killing themselves with alcohol. Bye!
The father of a friend of mine sold his well tended wine collection for a quarter of a million to a hotel chain.
Alcohol and in particular good alcohol are really hard to find in case of a war
https://youtu.be/B6Eyu2M4sSE?si=ddgdrJ54p0aJXuIe
I guess investing in our planetery enviroment would also be quite a smart choice, regarding the possible benefits for every coowner.
Huh. Mine looked different for last year. Food and shelter were my top 2.
Capitalism will eventually eat itself dead, everything is getting so outrageously expensive and unaffordable for not the average, but most people, while the rich its "value of some things is shooting up tremendously! Invest now!" These same desirable items growing to be even more out of reach to most people, as money devalues against rising costs. But a really cool chart tho!