“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: wine news
IntoWine.com’s Top 100 Most Influential People in the U.S. Wine Industry 2013 (And How Long Will No. 1 Stay No. 1?)
It’s that time of year, again. Last year, Michael Cervin (with whom I later toured the wine scene in Crete) from IntoWine.com stirred up a minor sh*tstorm when he published the inaugural version of his list of the Top 100 Most Influential People in the U.S. Wine Industry. We love lists, and we hate them….
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…
Finger Lakes Feature Wins International Wine Book Of The Year
Today, a quick-hit to tell you that my friend Evan Dawson’s recently-released book Summer in a Glass: The Coming of Age of Winemaking in the Finger Lakes just took home the award for “International Wine Book of the Year”at the 2012 Louis Roederer Wine Writing Awards. I am personally thrilled for Evan, who is having…