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Alternative Investments
Books - Books about Wine Investments
Books
Review:
Investing in Liquid Assets:
Uncorking Profits in Today's Global Wine Market (Hardcover)
by David Sokolin (Author), Alexandra Bruce (Author)
"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.
Dave Sokolin provides highly readable insight into the fascinating
world of fine and rare wine investing -- packed with investment
ideas and entertaining anecdotes." -- Hamilton "Tony" James,
President and Chief Operating Officer, The Blackstone Group
Description
Now more than ever, the value of Investment-Grade Wines (IGWs) and
opportunities to invest in wine as an asset class are soaring.
With a
little research and a little risk, wine enthusiasts on every level
will find it possible to gain big rewards in wine investment --
and there's never been a better time to try.
IGWs have
dependably outperformed blue chip stocks over the past 150 years,
and the upscale wine market is still an area in which independent
investors can profit handsomely.
A third-generation wine merchant, and CEO of one of the largest
rare-wine companies in the world, David Sokolin knows how to turn
fine wine into cold cash.
And he
knows how you can, too. In simple, practical terms, Investing in
Liquid Assets provides all the information you need to understand
the economic principles that govern the world of fine wine and
take advantage of the resources currently available.
Using his insider's expertise, Sokolin defines Investment-Grade
Wine and identifies the most financially important wine regions
and styles. Defining the key players in the field, Sokolin shows
you how to navigate the world of wine critics and understand the
impact of their scores, and he explains why it's perfectly fine
that your own personal tastes really don't matter.
He offers
tips on where to find reputable sources for fine wine, how to
manage storage and resale, as well as all-important buying and
selling strategies. In the second half of the book, he gives
overviews of the world's greatest wine regions and offers his
predictions about which regions and which wines are likely to
represent the greatest investment opportunities in the near
future.
Providing information and tactics previously known only to
successful professionals, Investing in Liquid Assets turns your
passion for fine wine into a valuable resource that will pay for
itself.
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