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Investing in Liquid Assets: Uncorking Profits in Today's Global Wine Market [Hardcover]

David Sokolin , Alexandra Bruce
5.0 out of 5 stars  See all reviews (3 customer reviews)


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Book Description

May 6, 2008
Investment Grade Wines (IGWs) have dependably out-performed Blue Chip stocks over the past 150 years. If you're willing to do a little research and take a little risk, your likelihood of reaping big rewards in wine investment skyrockets. In simple, practical terms, Liquid Assets walks readers through how to take advantage of the information sources currently available and defines the key players and principles that govern the world of fine wine. By arming readers with information and tactics that were previously only known by successful professionals, Liquid Assets makes clear how you can make your passion for fine wine pay for itself, pay for your child's college tuition - or more.


Editorial Reviews

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.

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.

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 --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Hardcover: 304 pages
  • Publisher: Simon & Schuster; 1st Simon & Schuster Hardcover Ed edition (May 6, 2008)
  • Language: English
  • ISBN-10: 1416550178
  • ISBN-13: 978-1416550174
  • Product Dimensions: 5.3 x 1.1 x 8.5 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #751,874 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful
By Steve
Format:Hardcover
Investing in Liquid Assets: Uncorking Profits in Today's Global Wine Market has been the best book that I have been able to source covering this intersting niche in investing. I thought all of the recent good press concerning fine wine investment was too good to be true and thus decided to do some proper research to find holes in the claims. Sokolin breaks down the wine investment industry methodically and explains very clearly all of the important factors that influence the price of fine wines. The book details more than merely the Bordeaux region, covering Burgundy which is uncommon in similar texts which largely ignore anywhere outside of Bordeaux when dicussing the investment side of wine. The author provided all of the fine wine solutions that I was looking for in terms of what kind of returns to reasonably expect and how exactly to go about it including finding reputable sources. The wine investment strategies outlined in the "Picking Profits" chapter has served me well in my endeavors so far.
A definite thumbs-up for this read - An excellent introduction to an interesting world.
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5 of 7 people found the following review helpful
5.0 out of 5 stars Must Have For Serious Wine Collectors May 6, 2008
Format:Hardcover|Amazon Verified Purchase
Dave Sokolin is the most dynamic and entrepreneurial man in the American wine trade, involved in everything from vineyards to retailing, but mostly in the business of making money from investing in wine. If you really want to know how the business of wine works, buy this book. You might make some money, too, in a commodity that is highly non-correlative with equity investments.
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4 of 6 people found the following review helpful
5.0 out of 5 stars the only book you need on the subject May 7, 2008
Format:Hardcover
A book like this is long overdue. It's both authoritative and readable--a rare combination. I highly recommend it to anyone interested in investment grade wine, whether casually or professionally.
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