Amid the news of bank seizures, declining real-estate, and congressional ordered bailouts, fine wine prices are on an absolute tear. Everyone is buying. Asians are buying. Russians are buying. All these new buyers are competing with the old buyers, because while prices are rising the old buyers are still buying. [...]
These days, lots of wine critics claim that they didn’t want to score wines, but their readership couldn’t process their results without numbers and turned into beer-swilling barbarians. The reality is that nobody takes you seriously unless you crown a winner. Remember back in little league when the kids were too young to keep score? [...]
Continue reading about The Search For A Wine Rating System That Makes Sense
Recently Gary Vaynerchuk tore into some Napa Valley Suits during the annual “Ahead of the Curve” seminar (coverage here and here). Vaynerchuk told the conference attendees that “Your brand equity is not as strong as you think. Just because you’re Napa doesn’t guarantee victory.”
Millennial-generation adults who are already having a significant impact on [...]
Continue reading about The Wine Brand is Dead, Long Live the Wine Brand
I heard about this yesterday but didn’t mention anything because I thought it was April Fools fallout (and I wanted to keep my Chinon story on top). Well, it’s April 4th and if the joke is still going then this is the greatest April Fools joke in history because everyone is reporting on it, [...]
I recently came across a blog post (actually written in .doc) that derided the pricing of Virginia wines in light of their perceived quality relative to that of the rest of the world. That post was from 2003, so it’s a problem that isn’t new. More recently, fellow bloggers at Wine Compass lamented [...]
(This post has little to do with Maryland or Virginia. -ed)
Production is down at Ye Olde Screaming Eagle Winery, and that can only mean one thing: prices are up. A 50% rise over last year is expected so those on the mailing list are going to fork up $750 per bottle for their allocation.
Anyone [...]
I heard from the guy behind the guy behind the guy that the good guys aren’t optimistic about HB-1260 passing this year. They are, however, looking forward to next year, when they feel it will have enough votes.
Food and Wine Blog posted an all-inclusive update here. There is a hearing on the bill [...]
As the stock market comes crashing down all around us, the best investments in your portfolio in 2008 may turn out to be the Lafite in your basement. You can drool over the fairy-tale-like returns of the Liv-ex here.
Wine will continue to rise (though not at this stratospheric pace) for the next few years as [...]
