Over the past decade, collectible sneakers have crept to multi-billion dollar market status, but can they really be considered investments? In this episode, presenter Claer Barrett checks in with Unhedged podcast co-host and aspiring sneakerhead Rob Armstrong for his take on these alternative alternative investments, and later hears about the world’s first managed sneaker fund, Always Legit, asking co-founder and COO Howie Schwartz the burning question: are sneakers investable in the long run?

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Want more?

Watch the FT video report, How sneaker fans are cashing in on the $2bn resale market for limited edition trainers.

Check out Claer’s column, Could AI make you a better investor?

Listen to more episodes of Money Clinic, such as The case for investing in AI, WTF are ETFs?, and more.

Presented by Claer Barrett. Produced by Tamara Kormornick. Our executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. Cheryl Brumley is the FT’s global head of audio.

Disclaimer: The Money Clinic podcast is a general discussion about financial topics and does not constitute an investment recommendation or individual financial advice.

Read a transcript of this episode on FT.com

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