Want to Invest in the Weather?

Alternative asset classes fascinate me. James Altucher does a good job covering the space, and even has a book on the subject (but James, please hire a graphic designer for your next cover!). For example, I had no idea there was a closed-end fund that invests in cat bonds – HNW (Anyone that has launched a CEF, or has contacts that have, drop me an email as we are considering it.)

In a related note, I received my copy of the Journal of Alt Investments today, and lo and behold there was an article on stamps as an asset class. . .how long until the ETF? About half of the ETF “holes” have been filled from my post a few months ago, but there are still some areas not covered.

What are some other alternative asset classes investors have yet to consider? Looking out 10 years, what could be some other areas that become asset classes?