This is true. The one thing about wine compared to other collectibles is wine is perishable. It really is much more like speculating on agricultural commodities like corn or pork bellies than buying other collectables like antiques or artwork.
The super rich (and the not so super rich like myself) do like good wine. The problem with wine is once you know and appreciate good wine it is hard not to spend to what you can afford. I guess I am lucky in that I can find at least a few wines I like under $20.
Comments
This is true. The one thing about wine compared to other collectibles is wine is perishable. It really is much more like speculating on agricultural commodities like corn or pork bellies than buying other collectables like antiques or artwork.
The super rich (and the not so super rich like myself) do like good wine. The problem with wine is once you know and appreciate good wine it is hard not to spend to what you can afford. I guess I am lucky in that I can find at least a few wines I like under $20.