Wine market arbitrage of the day

By Felix Salmon
November 3, 2010
$70,000

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wine

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

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