and what it means to you
01.05.2015 The releases are coming thick and fast. Palmer and its little brother Alter Ego, Lynch Bages, La Lagune and Angelus have all hit the market with wildly varying responses, which appears to be developing into a pattern. Inconsistency of pricing patterns seems to be the hallmark of this release. After the generally encouraging response […]
It is fair to say that for the first time since 2008 we are genuinely excited about the prospect of getting our clients involved in the en primeur (in barrel – wine futures if you like) campaign. We don’t want to jump the gun like so many other hair-trigger companies, but there is certainly room […]
In the financial market world a great many people pay attention to a breed of analyst known as a “chartist”. As the name suggests, this analyst believes that chart formations are predictive of future movements. Clearly a fundamental analyst might regard this type of study as absolute tosh, but a surprising number of people pay […]
So the dust has settled on our three day sojourn to Bordeaux for the en primeur tastings, and with the benefit of a couple of weeks to digest all we experienced over in the capital of wine, we thought we would report to you our conclusions, both in terms of the wines themselves and the […]
As a former stockbroker I am constantly fascinated by the attention given to analysts’ forecasts. Analysts are paid an awful lot of money yet since the regulatory environment tightened up over the last few years, part of their skillset has been emasculated. To wit, that part which involved finding out what no-one else knows. The […]
Well, no-one can accuse the Capital Markets of being dull. All over the world, over the last few weeks, global stock markets have been reaching all-time highs. Some, in the US for example, breached long term highs a little longer ago. Incidentally, had Apple been included in the Dow Jones Industrial Average back in February […]
When it comes to fine wine investments, the most well-known effect of the Bordeaux Wine Official Classification of 1855 is that it created the big four ‘First Growth’ wine estates. These fine wine estates are considered to be the very best in the region, due to their prestige, high-quality, and their prices that have reigned […]
You may have noticed a rather encouraging amount of positive press about the wine market’s prospects in 2015: “Bordeaux ’05 Wines Lead Biggest Gainers” Says Bloomberg; “Signs of Recovery in Fine Wine” according to the FT, and “Bordeaux…moving in the right direction” announces the Drinks Business. So are we at Amphora feeling equally bullish? Actually […]
At last Chinese New Year (CNY) is upon us, and for investors in the fine wine market this annual festival has become something of a red letter event. Since the entry of the Chinese consumer and investor into this market place some 10 years ago, it has paid dividends to keep tabs on what they […]
Congratulations to those readers who spotted yesterday’s typo. There is indeed no Montrose 20120. Yet. And if I were you I wouldn’t hang around waiting for it and no, we are not accepting post-dated cheques. The recommendation was, of course, for Montrose 2010. A lot of people have also asked for more detail in respect […]
As we have been at pains to stress over the last few months, you don’t make money betting on “the turn”. In stock market terms, more money is lost at imaginary turns than at any other point in the investment cycle. It is far more important to establish when there has been a turn, and […]
There are times, although I accept they are depressingly few, when it might occur to you that you actually know more than the market. I’m sure it occurs to people like Warren Buffet all the time, but to normal mortals, very seldom. And now is one of those times. The fall in the oil price […]