Liquid Assets: Fine Wine versus Crude Oil (via The Wine Economist)


Liquid Assets: Fine Wine versus Crude Oil So … which do you prefer? Great Bordeaux or bulk crude oil? The answer depends on your perspective, I think. For drinking there is no choice — red wine trumps black gold. No doubt about it. Demand and Supply Always Apply But how about if you look at the choice from an investment perspective? The surprising answer is that it makes little difference. The prices of fine wine and crude oil have been highly correlated in recent years.  Or at least … Read More

via The Wine Economist

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~ by Liz Palmer on January 13, 2011.

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