Investing in Liquid Assets
and over 900,000 other books are available for Amazon Kindle .
Learn more
| ||||||||||||||||||||||||
Did you know you can trade in your old books for an Amazon.co.uk Gift Card to spend on the things you want? Visit the Amazon.co.uk Trade-In Store for more details. |
Frequently Bought Together
Product details
|
More About the Authors
Discover books, learn about writers, and more.
Product Description
Review
"I find Dave Sokolin's judgment about wine -- the taste of it, how it will develop, and where its price is headed -- to be of incredible value. Personally, I follow his suggestions not to make money on wine but to enjoy drinking the wines when the price gets to a level I wouldn't want to buy them at." -- Sandy Weill, Chairman Emeritus, Citigroup Inc.
Inside This Book
(Learn More)
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
5 of 5 people found the following review helpful:
5.0 out of 5 stars
Wine...an Alternative Asset Class,
By
This review is from: Liquid Assets: Uncorking Profits in Today's Global Wine Market (Hardcover)
Very good book. Does a good job of explaining the multi-dimensional world of wine investment where you have to consider the vineyard (Grand Cru or premier cru) as well as the Producer (top tier like Rousseau, Roumier, Ponsot vs lower tier producer who might screw up what mother nature has provided), as well as the vintage (top years vs off-vintages)....then add to that the scores given by wine critics (over-rated or under-rated...potential for upgrades), the price it commands in the market, and your own personal taste...and there you have the basic building blocks by which to determine whether the wine has upside value or whether all the good news is fully priced in already.
Not necessarily a great book if you're looking for the pure investment theory side of things....for that I'd recommend "Wine Investment for portfolio diversification" by Mahesh Kumar. In this book, Sokolin doesn't dwell too much on actual portfolio theory & how Wine can be a good diversifier because of its very low correlation to stocks & bonds. Besides, as we all know in the post-Lehman world, the problem with diversification is that it vanishes when you need it most. The only thing that goes up in a falling market is correlations! Nonetheless, wine has proven to deliver great returns in bull markets and to sell off by far less than other assets when times get rough. This book is helpful for those who wish to look at Wine as an investment.
5.0 out of 5 stars
Wine investing,
By
This review is from: Liquid Assets: Uncorking Profits in Today's Global Wine Market (Hardcover)
A great book that will give people that are both new and old hands at wine investing good pointers to where their money should be going.
0 of 2 people found the following review helpful:
2.0 out of 5 stars
for us customers,
By
This review is from: Liquid Assets: Uncorking Profits in Today's Global Wine Market (Hardcover)
for an European wine lover, most of info is common sense, already well documented, etc, not much new insights. can be interesting for a profane
Share your thoughts with other customers: Create your own review
Would you like to see more reviews about this item?
|
|
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Related forums
|
Listmania!
|
|
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
