and what it means to you
11.07.18 – Fine Wine Investment – This is the time of year when market watchers shake their heads in disbelief at some of the en primeur prices released during the campaign just-finished, and people question afresh things like the validity of La Place and the viability of the negociants, but to us at Amphora this […]
20.06.18 – Fine Wine Investment – It seems fair to suggest that the producers simply don’t want your money this year, and this may help explain the rally we have seen in the Liv-ex 50 over the last three weeks or so. Anything from a cursory glance to an in-depth examination of en primeur release […]
20.06.18 – Fine Wine Investment – Regular buyers of en primeur from Amphora will be aware that in recent years we have been painfully selective, concluding that most Chateaux grossly overpriced their campaigns. This strategy has served us well – whilst en primeur profits in the broader market have been modest at best, Amphora’s have […]
14.06.18 – Fine Wine Investment – It has been the Amphora modus operandi to select for portfolios wines which date principally from around 1996, due to the crucial requirement for a ready secondary market. Recent events have made us re-examine this because the spate of activity in older wines referred to in recent notes has […]
06.06.2018 – Fine Wine Investment – Okay I’ll fess up at the outset: I own a Cheval Blanc 1998, so it is with elevated interest that I noticed Lisa Perrotti-Brown’s recent retrospective into that vintage. My interest is not just personal, of course, because its consequences, if any, will help develop the narrative about the […]
31.05.18 – Fine Wine Investment The most interesting feature of the fine wine market at present, as we continue our wait for more significant 2017 en primeur releases, is action at the opposite end of the chronological scale. There has been a distinct hoovering up of a series of 1980s First Growths and equivalent, and […]
24.05.18 – Fine Wine Investment Back in November we highlighted several Bordeaux wines from 2014 as well worth a second look, and because the market has been consolidating over this time, some of these bargains are still around. One of the questions that came back to us last time focussed on the prior outperformance of […]
24.04.18 – Wine Investment – It is tempting when you see the headlines to think that investing in Burgundy is a pretty easy way to make a few bob, but it rather reminds us of the old adage: “them that has, gets”. Undeniably the best way to have made a fortune over the years has […]
18.04.2018 – Wine Investment – One of the accepted wisdoms over the last couple of years holds that the fine wine market went up as Sterling went down, and it is difficult to argue against some degree of correlation. Fine wine prices in the secondary market are denominated in Sterling, so as the currency weakens […]
10.04.2018 – Fine Wine Investments – Our recent series of articles depicting the performance of wines both favoured and otherwise by the algorithm since the market rallied at the end of November 2015 has proved very popular. Before moving on to other things this week, we’ll answer a question that has come up regularly, concerning […]
29.03.18 – Wine Investment – Thanks to everyone who responded with such interest to last week’s note. In response to many requests we will over the next couple of notes analyse the performance of key market sectors following the same process: how did the top 3 algorithm picks perform against the bottom 3 since the […]
It is of great interest to us at Amphora that not only do certain noisy people deride fine wine investments as an investment asset class, but others seem happy to participate without doing what they’d do for any other material financial outlay: find out a bit about the market and how it operates before laying […]