Jamie Ritchie, Sotheby’s Wine
Jamie Ritchie, Sotheby’s Wine
11 November 2022
Why It Matters: Assessing the investment potential of a bottle of wine
Like any other alternative investment, buying wine can provide one’s portfolio with an excellent source of diversification. Stocks and bonds go through familiar cycles of boom and bust, but collectables like fine wine deliver investment returns with little to no correlation to traditional assets and they may even be negatively correlated with the stock market. Wine also offers a unique source of diversification because its value is based on factors that have little relation to the performance of the economy, interest rates, corporate earnings or conventional investor sentiment.
Jamie Ritchie, Global Chairman, Sotheby’s Wine shares more.
Download this podcast.