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1WineDude | A Serious Wine Blog for the Not-So-Serious Drinker - Page 11

Investing In Fine Wine Is (Still) For Fools

Vinted on June 19, 2014 binned in commentary, wine news
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HiYa! If you're new here, you may want to Sign Up to get all the latest wine coolness delivered to your virtual doorstep. I've also got short, easily-digestible mini wine reviews and some educational, entertaining wine vids. If you're looking to up your wine tasting IQ, check out my book How to Taste Like a Wine Geek: A practical guide to tasting, enjoying, and learning about the world's greatest beverage. Cheers!

We have (rather strong) anecdotal evidence that purchasing fine wines as investment vehicles is, for most people, an absurdly bad idea.

Those examples, as strong as they are, could be criticized as falling under the “fallacy of small numbers” category, however, which might lead the hopelessly duped eternal optimists out there to conclude that in their cases, investing in fine wine for profit will somehow be different.

A recent article in the Wall Street Journal, however, should dispel that myth for all but the most hopelessly duped. The bottom line is that the WSJ dug into what might be the most comprehensive scientific study yet performed on the returns of the fine wine investment market, going back over historical selling prices of the last one hundred years or so, and its conclusions are sobering (see what I did there?):

“After mining historical price data for top clarets going back to 1899, including the prices fetched in auctions before World War I, the researchers calculated that over the entire period, the prices of these wines beat inflation by an average of 5.3 percentage points a year.”

While that might sound encouraging, it’s not. Any such returns and performance have to be adjusted for expenses in order to show the actual rate of return. When that was done, the results looked a lot less profitable, particularly when compared to good old fashioned, boring stock index funds…

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The Release Of Your Wine Is Not “News”

Vinted on June 17, 2014 binned in commentary

I hate to be the bearer of bad news, but someday you’re gonna die. Also, the release of your wine almost certainly isn’t newsworthy, and your press release about it is probably superfluous, the end.

To test whether or or not your wine release is, in fact, newsworthy, I have devised this handy (and incredibly easy to use) flowchart. Simply follow the one-question decision tree below to determine if your wine release is a newsworthy event:

You’re welcome…

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Wine Reviews: Weekly Mini Round-Up For June 16, 2014

Vinted on June 16, 2014 binned in wine mini-reviews

So, like, what is this stuff, anyway?
I taste a bunch-o-wine (technical term for more than most people). So each week, I share some of my wine reviews (mostly from samples) and tasting notes with you via twitter (limited to 140 characters). They are meant to be quirky, fun, and easily-digestible reviews of currently available wines. Below is a wrap-up of those twitter wine reviews from the past week (click here for the skinny on how to read them), along with links to help you find these wines, so that you can try them for yourself. Cheers!

  • 11 Tuck Beckstoffer Melee Grenache (California): Boldly fruity, boldly peppery, boldly… pretty? Yes, it can actually happen, peeps. $35 B+ >>find this wine<<
  • 10 RayLen Vineyards And Winery Cabernet Franc (North Carolina): The Loire it surely ain’t, but juicy, tangy & capable it surely is. $14 B >>find this wine<<
  • 13 Kim Crawford Unoaked Chardonnay (East Coast, NZ): Tropical, long & lively, but it’s carrying some cream around the midsection. $17 B >>find this wine<<
  • 13 Kim Crawford Core Pinot Gris (Marlborough): Drilling to this core kicks out debris of flowers, melons, & a sprinkle of spices. $17 B >>find this wine<<
  • 02 Arteis & Co Extra Brut Blanc de Blancs (Champagne): Dough, apples & a beautiful mouthfeel designed by & for the beautiful people. $100 A- >>find this wine<<
  • 09 Volta Cabernet Sauvignon Mission Ridge Vineyard (Napa Valley): Think Napa plumpness & plumminess, add dollops of licorice & mint. $60 A- >>find this wine<<
  • 10 Estate Biblia Chora Ovilos (Pangeon): Floral, opulent, toasty and comfy sheets for somewhat unlikely white grape bedfellows. $38 B+ >>find this wine<<
  • 09 Seven Hills Winery Pentad Red (Walla Walla Valley): A complex, 20-sided Dungeons & Dragons die of a bottle, & under-priced to boot. $65 A >>find this wine<<
  • 12 Domaine La Tour Boisee Une Histoire de Famille Rose (Minervois): Red fruits stomping quite happily – but heavily – down the stairs. $13 B >>find this wine<<
  • 09 Mas de Leda Tempranillo (Castilla y Leon): Fried chicken levels of funky here, but eighties skyscraper levels of modernity, too. $20 B+ >>find this wine<<
  • 13 Voss Vineyards Sauvignon Blanc (Napa Valley): The grapefruit & The Force are strong in this one; refreshing, but doesn’t hold back $19 B+ >>find this wine<<

 

Obscure Grapes, Dry British Humor, And Not-So-Dry Weather (Tasting And Recording At Philly’s Jet Wine Bar)

Vinted on June 12, 2014 binned in 1WineDude Radio, crowd pleaser wines, wine review

On a (very, very, monsoon-season-like) wet day in Philadelphia a couple of weeks ago, I spent some time in the basement of Philly’s Jet Wine Bar on South Street, being interviewed for a podcast by owner (and archeologist – she was about to embark on a multi-stop tour taking her to Italy, Scotland, and Iraq) Jill Weber and Brit-turned-PA-local Philip Silverstone.

We had a good time, recording two shows that you should now be able to check out now over at Phil’s website, talking wine and my first booze love, craft beer. The wine portion is embedded below for your listening convenience, peeps. The Time Out With Phillip Silverstone show can be heard anytime and anywhere worldwide via the free TuneIn Radio app or at TuneIn.com (search for Phillip Silverstone)

Jet is a freakin’ cool, cool place for a wine geek. Jill prides herself on championing the obscure, and it is for sure the obscure that gets championed at Jet. Let me put it this way: when I visited, some of the more recognizable grape variety names on her list were Ribolla Gialla, Trebbiano, and Bonarda. She had included selections from Morocco and Turkey. It was a wine geek’s wet dream, in multiple senses of the phrase. The food at Jet is also pretty tasty, so if you’re South Street bound and want a break from hoagies, beer and cheesesteaks, you’d do well to check it out.

Talking Wine on Time Out With Phillip Silverstone

Jill pulled out a few interesting selections for us to taste during recording that day, and I’d like to introduce you to each of those, all of which run about $15 a pop (suck it, you Joe-only-reviews-crazy-expensive-wines whiney-pants complainers!)…

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