End of year wine investing round up
As may day job is still as a wine appraiser, I thought I would provide a few links to some end of year market commentary and stats.
Two of my favorite sites are Liv-Ex and Vinfolio's The Wine Collector blog.
Liv-Ex has a great page that links to the major wine investment articles, Liv-Ex is based in the UK so you have to get used to that slant and the papers they tend to link.
The Wine Collector blog is written by the founder of Vinfolio, Stephen Bachman, and covers wine collecting and investment, sometimes in depth and sometimes the surface.
What is interesting is that Stephen has written a couple of posts and written about recent articles on wine investing and everyone including myself seems to be coming to the same conclusion, fine wine prices will continue to rise due to a wid erange of reasons.
Here is a paper I wrote for the Wine MBA that I am in the process of completing that covers the topic of fine wine prices Wine Economics essay.
Here are the relevant Wine Collector blogs.
Why wine investing is a hot topic
Since most of these were written with the perspective of a relatively rosy and stable 2007, will the picture remain the same? I believe it will because the fundamentals of the fine wine market cannot change that much and the forces causing the increasing pressures on price and demand in the fine wine sector will only continue to grow as the global distribution of fine wine continues to expand. Will there be hiccups, yes, but I think the fundamentals are still strong.
The question for any wine investor is, what gets classified as fine wine. That is the part that will be left of to the market.
