and what it means to you
15.01.18 – Wine Investment – Well well well. It seems there’s nothing rubs people up the wrong way like a wine critic. The opprobrium heaped on names like Robert Parker and James Suckling is nobody’s business. You’d think they spent all their time voiding their rheum, as it were, through their car window at other […]
08.03.18 – Fine Wine Investment – Thanks to everyone for the feedback to last week’s “Magnificent Seven” note. The consensus view seems to be that we may well go through a phase where the average critics’ score is the guiding principle for a while, and certainly until evidence manifests itself to the contrary that is […]
01.03.18 – Fine Wine Investment – Much to the chagrin of those who think that fine wine is a drink not an investment, there is always a lot going on in the market place, but there are occasions when the interests of consumers and investors do coincide. En primeur is one such time, as is […]
21.02.18 – Wine investment – It is always interesting when stock markets have a wobbler, even if it is uncomfortable at the time. The fact is that the closer you are to the action, the worse everything seems to be. Most people remain blissfully ignorant of equity and bond market gyrations, even though through pension […]
14.02.18 – Wine Investment – We would like to thank everyone who responded so positively to last week’s article which highlighted what the algorithm brings to the party. All such new enquiries are most welcome. We had queries asking which regions the algorithm most favoured, which vintages, and more specifically how best to use it […]
La Mission Haut Brion appears to be on something of a, well, mission. This legendary estate always sat in rather lonely territory, the defacto “sixth First Growth”, having been left out of the 1855 classifications. It nonetheless enjoyed similar levels of desirability, reputation and indeed price as the Big 5. For many decades, centuries perhaps, […]
06.02.18 – Wine Investment – Regular readers will know that we constantly bang on about the Amphora proprietary algorithm, and as we are about to illustrate, with good reason. For the purposes of this note we will assume that everyone knows what the algorithm is all about, what it aims to achieve, and so on, […]
25.01.18 – Wine Investment – Every so often, in the staid old world of fine wine production, someone wakes up with a start. ‘I know,’ they say, ‘let’s put it in a different bottle this year.’ Of course, the unusual thing about Mouton is that they have a different label every year, and it is […]
17.01.18 – Fine Wine Investments – We’ve been promising our diligent readers a closer look at Champagne for some time – partly because the sector had a pretty decent year in 2017, and partly because it’s a while since we last reviewed it. As you can see from the chart below, it’s a useful constituent […]
11.01.18 – Wine Investment – 12 months ago Amphora Portfolio Management presented a model wine investment portfolio of £100,000 with a low risk bias. We are pleased to say that the portfolio rose over 13.5%, whilst the Liv-ex indices rose between 5% and 10%. As we shall see, investing in fine wine is becoming more […]
04.01.18 – Wine Investment – The second half of December was notable for some interesting moves in various markets. Obviously Bitcoin bagged most of the headlines but at the more mainstream end the prices of gold and oil were marching steadily and quite rapidly up. Are these three elements, by any chance, related? Almost certainly […]
14.12.17 – Wine Investment – We are drawn this week to a note from Goldman Sachs explaining its bullish outlook for commodity prices, and once you get past sentences like the market being driven by “a structure known as a backwardation that will lead to a positive yield roll” you find that the outlook really […]