“Investing” in fine wine is a fool’s errand. As in, “greater fools” – for it is certainly a fool who hopes to sell his/her speculation to greater fools for a profit. The term greater fool is actually a pseudo-technical financial one, probably best explained in William J. Bernstein’s amazing book The Four Pillars of Investing…
Category: commentary
Should Millennials Be Drinking More Wine With Food? (Guest Post)
[ Editor’s note: following is a guest post from the 1WD intern: the young, unpaid Shelby Vittek, who many of you will recall really shook things up with her first 1WD article. You can check out more of Shelby’s work at TableMatters.com, and find her on twitter at @BigBoldReds. Let us know what you think…
Boomers And Busts: Sobering News For The U.S. Wine Business in 2013?
Anyone remember back in 2011, when we talked about the fact that Boomers – who by and large account for the vast majority of current wine sales – wouldn’t be around forever, and so the wine biz really needed to get off of its duff and start thinking about how it would court Gen X…
Are Wine Blogs Killing The Joy Of Drinking?
Mashable.com – the über-popular purveys of tech and pop-culture news – recently ran an op-ed style screed by Sandra Garson bemoaning the phenomenon of everyday folks blogging their exploration of food, and in particular, their forays into cooking. In other words, Garson decries the proliferation of food blogs. Here’s a snippet of Garson’s article, which…