Comments on: Investing In Wine With Jim Cramer Of Mad Money And Your Host Gary Vaynerchuk – Episode #499 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/ Wine news, tastings and reviews from the Wine Library Sat, 21 Nov 2009 16:41:24 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Toby Marcus http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-696907 Toby Marcus Wed, 04 Nov 2009 20:47:06 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-696907 I have purchased many 2005 Bordeaux, from well known appellations. My question in, as an investment where would one turn to sell them in 5, 10, 20 years? thanks. I have purchased many 2005 Bordeaux, from well known appellations. My question in, as an investment where would one turn to sell them in 5, 10, 20 years? thanks.

]]> By: nnothing http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-692830 nnothing Mon, 19 Oct 2009 16:20:09 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-692830 I loved this show.... the wine was all way outside my price range but an interesting show anyway... I'm not understanding all the negativity in the comments though. I have learned a lot about investing from Cramer and that has led me to have a few months of 40%+ profits and has allowed me to consistently beat the averages (dow, s&p) by 20%-25% annually. I also believe he's a genuine person why else would he walk away from his hedge fund where he was making a fortune (and making rich people richer) to go into trying to teach normal people to make money on the market. All of his advise (just like Gary's) is just a starting point. Things like taking price and emotions out of the buying decision. When Jim is wrong about individual stocks he's frequently not wrong about the sector, and even when he is he's usually right about many more things than he's wrong about. Even he tells you to do your own research (taking anything he says as gospel without doing your own research is reckless and stupid just like trusting anyone on investment matters is). When I got to see Jim live in Iowa City he came across as very genuine and honest and very intelligent and his picture of the markets was very close to my own at that point even though my trading style was considerably different than the one he preached by then. Also in response to the comment that oil was back at $60 last novemeber... true, but it got to $140 before then after it was at $100 (so at $100 the trade wasn't over, there was still 40% profit to be made at that point) I loved this show…. the wine was all way outside my price range but an interesting show anyway… I’m not understanding all the negativity in the comments though. I have learned a lot about investing from Cramer and that has led me to have a few months of 40%+ profits and has allowed me to consistently beat the averages (dow, s&p) by 20%-25% annually. I also believe he’s a genuine person why else would he walk away from his hedge fund where he was making a fortune (and making rich people richer) to go into trying to teach normal people to make money on the market. All of his advise (just like Gary’s) is just a starting point. Things like taking price and emotions out of the buying decision. When Jim is wrong about individual stocks he’s frequently not wrong about the sector, and even when he is he’s usually right about many more things than he’s wrong about. Even he tells you to do your own research (taking anything he says as gospel without doing your own research is reckless and stupid just like trusting anyone on investment matters is). When I got to see Jim live in Iowa City he came across as very genuine and honest and very intelligent and his picture of the markets was very close to my own at that point even though my trading style was considerably different than the one he preached by then. Also in response to the comment that oil was back at $60 last novemeber… true, but it got to $140 before then after it was at $100 (so at $100 the trade wasn’t over, there was still 40% profit to be made at that point)

]]> By: garybing http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-691983 garybing Wed, 14 Oct 2009 23:19:08 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-691983 I bought a Rusden Shiraz 2000 for $60 in 2 years it doubled in value. I had a friend who wanted a good deal on port, I told him Vesuvio '95 for $50. On Bordeaux I bought 1970 Lafite for $13 at Trader Joe's in the mid 70's I passed on Petrus at the same price for the same vintage.( because I was and still will only do 1st growths, which that is not, I like Cheval Blanc, also not a 1st growth but I can drink that and/or make a sweet profit on that as well) The "70 Lafite was crap but I made money on it anyway. The '82 vintage of Mouton goes for two grand the '81 Petrus I can get for $600.I have made money on Bordeaux consistently but the pricing as of late has got me riled, I like the 2001 vintage over the 2000, the 2002 is crap.I like the 2006 vintage over the 2005, but hating the price. I agree forget 2007. People have indeed lost on the futures gave buying too high, too early. But those are generally people who haven't even sampled the wine they bought or are going to buy. Those people I can't feel sorry for. I only buy what I will drink. So I bought a D"Oliveiras Resera Terrrantez 1977 Madeira for just south of $100. If it goes up fine, but I like that better than vintage port. I like tawny port better than vintage but don't expect to make any money at it. I passed on Screaming Eagle at $300 a bottle, even though it sells for $3300. I didn't much care for it, as I've had other Napa Cabernets south of $100 I liked a lot better, but I'm not even seeking those as investments. I won't do Burgundies, as they have burned many. But on Bordeaux, I've won everytime. I even had a '66 Margaux (crap vintage for Margaux) that I paid $30 for that someone broke negligently and he ended having to pay me what it was then worth-$150. So even when I lose, I win. I bought a Rusden Shiraz 2000 for $60 in 2 years it doubled in value. I had a friend who wanted a good deal on port, I told him Vesuvio ‘95 for $50. On Bordeaux I bought 1970 Lafite for $13 at Trader Joe’s in the mid 70’s I passed on Petrus at the same price for the same vintage.( because I was and still will only do 1st growths, which that is not, I like Cheval Blanc, also not a 1st growth but I can drink that and/or make a sweet profit on that as well) The “70 Lafite was crap but I made money on it anyway. The ‘82 vintage of Mouton goes for two grand the ‘81 Petrus I can get for $600.I have made money on Bordeaux consistently but the pricing as of late has got me riled, I like the 2001 vintage over the 2000, the 2002 is crap.I like the 2006 vintage over the 2005, but hating the price. I agree forget 2007. People have indeed lost on the futures gave buying too high, too early. But those are generally people who haven’t even sampled the wine they bought or are going to buy. Those people I can’t feel sorry for. I only buy what I will drink. So I bought a D”Oliveiras Resera Terrrantez 1977 Madeira for just south of $100. If it goes up fine, but I like that better than vintage port. I like tawny port better than vintage but don’t expect to make any money at it. I passed on Screaming Eagle at $300 a bottle, even though it sells for $3300. I didn’t much care for it, as I’ve had other Napa Cabernets south of $100 I liked a lot better, but I’m not even seeking those as investments. I won’t do Burgundies, as they have burned many. But on Bordeaux, I’ve won everytime. I even had a ‘66 Margaux (crap vintage for Margaux) that I paid $30 for that someone broke negligently and he ended having to pay me what it was then worth-$150. So even when I lose, I win.

]]> By: Adrian aka AnGkEr http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-666142 Adrian aka AnGkEr Thu, 16 Jul 2009 11:57:15 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-666142 wow....explosive episode....the energy is simply awesome..... wow….explosive episode….the energy is simply awesome…..

]]> By: ben from boston http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-665771 ben from boston Wed, 15 Jul 2009 07:43:45 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-665771 I've been rewatching some of the classics as a look back lately, and I'm sorry gary, though I've never had a problem with any of your guest choices, this one I cannot support. Cramer has no integrity and an overinflated sense of self. He has staked his reputatoin on some pure and simple illegitimate names and brands. He is either dishonest or has poor judgement or both. From Bear Stearns, to Conico( which he touts on this very show) he was wrong. Now Lenny Dykstra, who he supported, and touted as an investment genius, has been found to be a fraud. I have no reason to believe Cramer is not a fraud himself. He was even outed for illegitimate business practices of his own by Jon Stewart, and he had nothing to say for himself, not even a snarky comeback. Passion is great but it doesnt make up for a lack of principles. I understand and admire your willingness to give people the benefit of the doubt but Cramer is a major Vaynerpazzzzz in my book. I’ve been rewatching some of the classics as a look back lately, and I’m sorry gary, though I’ve never had a problem with any of your guest choices, this one I cannot support. Cramer has no integrity and an overinflated sense of self. He has staked his reputatoin on some pure and simple illegitimate names and brands. He is either dishonest or has poor judgement or both. From Bear Stearns, to Conico( which he touts on this very show) he was wrong. Now Lenny Dykstra, who he supported, and touted as an investment genius, has been found to be a fraud. I have no reason to believe Cramer is not a fraud himself. He was even outed for illegitimate business practices of his own by Jon Stewart, and he had nothing to say for himself, not even a snarky comeback. Passion is great but it doesnt make up for a lack of principles. I understand and admire your willingness to give people the benefit of the doubt but Cramer is a major Vaynerpazzzzz in my book.

]]> By: Chris http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-649139 Chris Tue, 02 Jun 2009 22:33:59 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-649139 I loved this episode! Great work. I'm still looking for the California Wine investing episode you mentioned. I loved this episode! Great work. I’m still looking for the California Wine investing episode you mentioned.

]]> By: Aaron http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-633589 Aaron Wed, 06 May 2009 08:52:54 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-633589 Gary, Just watched this now - post economic bust and in the middle of the 2008 Bordeaux initial pricing season. Your predictions seem as bad as Jim Cramer's. In the long term you might be right, but at this point, this is one funny episode! Cheers, Aaron Gary, Just watched this now – post economic bust and in the middle of the 2008 Bordeaux initial pricing season. Your predictions seem as bad as Jim Cramer’s. In the long term you might be right, but at this point, this is one funny episode!

Cheers,
Aaron

]]> By: Bart http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-612427 Bart Sun, 05 Apr 2009 05:19:12 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-612427 Great YouTube Gary would want you to watch it http://www.youtube.com/watch?v=BxleU55LCHY&feature=channel_page Great YouTube Gary would want you to watch it

http://www.youtube.com/watch?v=BxleU55LCHY&feature=channel_page

]]> By: james http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-591043 james Wed, 11 Mar 2009 11:56:13 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-591043 Where are all the links? Where are all the links?

]]> By: Kittysafe http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/comment-page-9/#comment-591001 Kittysafe Wed, 11 Mar 2009 10:04:08 +0000 http://tv.winelibrary.com/2008/07/10/investing-in-wine-with-jim-cramer-of-mad-money-and-your-host-gary-vaynerchuk-episode-499/#comment-591001 Joe, early 80s dealers bought cards and comics, though I agree a lot of that stuff really was hard to sell in the late 90s early 21st century. For sure. This episode definitely, DEFINITELY brought the thunder. Great show. Joe, early 80s dealers bought cards and comics, though I agree a lot of that stuff really was hard to sell in the late 90s early 21st century. For sure.

This episode definitely, DEFINITELY brought the thunder.

Great show.

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