During this depression, it would appear that investors are no longer finding solace in turning to the bottle.
Serving wine instead of beer at its annual rooftop soiree? Is this some kind of subliminal message specialist broker Auerbach Grayson is trying to send, ie: that emerging markets are mature and here’s the vino to prove it?
It’s good to drink it, but it seems good to sit on it too.
Fine wine, yielding double-digit returns, is low risk and good diversifier given its weak correlation to the return of asset classes — according to a fund which invests in fine wine.