Asymmetrical Wine Markets

Felix Salmon notes a wine market arbitrage opportunity: buying en primeur Lafite in New York ($17,000 a case), shipping it to the other side of the world ($40) and selling it in the overheated Hong Kong wine market ($70,000) for a nifty profit.

This entry was posted on Thursday, November 4th, 2010 at 10:57 AM and is filed under Cellar Strategy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.