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Archive for the ‘Cellar Strategy’ Category

Bad Wine Advice

April 8th, 2011 by Tom Johnson

Reuters notes that the Wine Spectator Auction Index is at an all-time high, and suggests now is the time to invest in wine. Returns can be plentiful if you know what to invest in. Perhaps it’s time to put the cork back in the bottle and turn your hobby into a worthwhile investment. This reminds [...]

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The Quest For a Sustainable Business Model Continues

January 16th, 2011 by Tom Johnson

The idea was to pool investment capital to buy wine, age the wine properly, then sell it for a profit in the future. Investors signed up in droves, cash flow was good, the directors enjoyed excellent income. The only problem: they never bought any wine. Did they imagine no one would ask? End result: seven [...]

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Asymmetrical Wine Markets

November 4th, 2010 by Tom Johnson

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.

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You Should Do This: My Christmas in August

August 10th, 2010 by Tom Johnson

In his book Cellaring Wine, Jeff Cox wrote about what he called “Christmas boxes.” These are cases of odd bottles that he believed would benefit from a little age, but that weren’t part of any organized cellaring process. When I’d visit a wine store or market and find an interesting bottle, I’d bring it home [...]

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Today’s Do-It-Yourself Project

June 29th, 2010 by Tom Johnson

Hat tip.

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Brits Stock Up While the President Stops Off For a Bottle On the Way Home

June 22nd, 2010 by Tom Johnson

The British government just spent about $26,000 topping off the Prime Minister’s wine cellar, causing a predictable stink. Labour’s Tom Watson said the Tory-Lib Dem coalition should sell the wine to boost the public finances, quoting Tory slogan “we’re all in this together”. The government says it buys wine young to ensure the best value for [...]

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A Money Manager Looks at Wine

June 9th, 2010 by Tom Johnson

In a serious discussion of the price of gold (“frothy”), talk turns to collectible wines. Jeffrey Rubin, director of research at stock market research and money management firm Birinyi Associates, notes his own collecting experience: “I thought of it almost as part of a second asset class, another asset class, understanding the risks, the liquidity [...]

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Drinking My Retirement

April 13th, 2010 by Tom Johnson

Two Swiss economists have published a study demonstrating that wine is a better investment than stock. The index of highest-quality wines, “first growth wines of top vintages only,” in particular from 2005 onward, “hugely outperforms” the other two indexes, the authors said. The elite gauge has a more than fivefold return, while the regular wine [...]

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Are Wine Critics Screwing Up Your Cellar?

January 27th, 2010 by Tom Johnson

The decision when to harvest is one of the defining decisions in the making of a wine. As calm as the long grape-growing season seems, the harvest is a short, intense period when the wine’s destiny is decided. Sugar content is rising rapidly. Phenolic compounds are ripening. Acidity is disappearing. Small differences in hang time can [...]

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How To Stock Your Wine Cellar #2

January 11th, 2010 by Tom Johnson

“Persons of moderate fortune should look to the excellence of the quality of their wines, rather than to the variety of their stock.” Andrew Valentine Kirwan Host and Guest: A Book About Dinners, 1864 Technorati Tags: wine collecting

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