Customer Reviews

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

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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.

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.

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.