Wine market arbitrage of the day

By Felix Salmon
November 3, 2010
$70,000

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Price of 2009 en primeur Chateau Lafite in New York, per case: $17,000

Price of shipping a case of Chateau Lafite from New York to Hong Kong: $40

Price of 2009 en primeur Chateau Lafite in Hong Kong, per case: $70,000

3 comments

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I want in to this new fund of yours… please send me your prospectus and instructions on where you want the money wired.

…my only concern arises from the issue of custody of the assets given your well known (and appreciated) passion for premium grape juice.

Posted by y2kurtus | Report as abusive

That looks like the investment of the century! Is it really that easy? I have been doing lot of research on wine as an investment and did notice the difference in prices in Hong Kong compared to New York. But there must be a catch. I found great advice on http://www.wineinvestmentadvice.com/prom otion_pla18/ Seems to be independent and unbiased.

Posted by WIAHK | Report as abusive

shipping a case of Chateau Lafite from New York to Hong Kong:

This wine is not yet available in bottles. All 2009 Lafitte Rothschild 2009 are still in the cellars of the Chateau.

Posted by Wielertoerist | Report as abusive