EP 737 Wine as Investment

Gary Vaynerchuk discusses wine investments and European views on the wine world with Adrian Lenegan of Provenance Fine Wines from England.

Wines tasted in this episode:

2006 Pousse D’or Corton Clos Du RoiCorton

Links mentioned in todays episode.


Latest Comment:

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luca bercelli

90/100

good episode, very informative…guest slightly in awe of GV…as he should be!

Tags: Corton Charlemagne, French, red, review, Video, wine, wines

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  • Chicavino

    Look Gary I appreciate your show is off the cuff and “real” and I do enjoy what you are doing but please please please for heaven’s sake stop placing poducts and objects infront of your guests. Coming from a tv background I cannot stand to see how esthetically off-putting it is to watch a guest speak behind a giant wine glass. C’mon Mott do your job man, make the shots esthetically pleasing. It’s all we ask. thanks

  • wayno da wino

    Extremely Interesting & Informative Episode!!! Moooochoooo Thanx, Guys!!!

    qotd: We’re talkin’ Domaine de la Romanee-Conti !!!
    John’s a Romanee-Conti, Paul’s a La Tache, George’s a Richebourg and
    Ringo’s a Grands Echezeaux….!!!!……

  • wayno da wino

    Extremely Interesting & Informative Episode!!! Moooochoooo Thanx, Guys!!!

    qotd: We’re talkin’ Domaine de la Romanee-Conti !!!
    John’s a Romanee-Conti, Paul’s a La Tache, George’s a Richebourg and
    Ringo’s a Grands Echezeaux….!!!!……

  • That is one cool English dude.

  • That is one cool English dude.

  • Yoko Ono = Franzia 🙂

  • Yoko Ono = Franzia 🙂

  • Great Episode. I am trying to build up a cellar of keepers that I hope will gain in value over the years. My goal, however, is to then drink them. I am planning a 2005 Bordeaux late next decade.

    Thanks Gary,

    Giulio

  • Great Episode. I am trying to build up a cellar of keepers that I hope will gain in value over the years. My goal, however, is to then drink them. I am planning a 2005 Bordeaux late next decade.

    Thanks Gary,

    Giulio

  • Bill H

    paul – DRC, no further explanation necessary
    john – california cult wine that actually lives up to its expectations, not an opus or silver oak, but a caymus special selection or harlan that you go into thinking this can’t possibly be as good as its price point commands and then you taste it and you’re like wait a minute… maybe it is
    george – a serious borolo
    ringo – some under the radar southern rhone or loire valley red that just blows you away

    most fun qotd in awhile

  • Bill H

    paul – DRC, no further explanation necessary
    john – california cult wine that actually lives up to its expectations, not an opus or silver oak, but a caymus special selection or harlan that you go into thinking this can’t possibly be as good as its price point commands and then you taste it and you’re like wait a minute… maybe it is
    george – a serious borolo
    ringo – some under the radar southern rhone or loire valley red that just blows you away

    most fun qotd in awhile

  • Great episode – I thought the guest brought an interesting perspective and I love that you brought the wine knowledge at the end, putting the “wine as investment” angle into contact with the “wine as product” reality. A crappy wine would make for a crappy investment, after all.

    Paul – Bordeaux
    John – California Cab
    George – Riesling
    Ringo – Sauvignon Blanc

  • Great episode – I thought the guest brought an interesting perspective and I love that you brought the wine knowledge at the end, putting the “wine as investment” angle into contact with the “wine as product” reality. A crappy wine would make for a crappy investment, after all.

    Paul – Bordeaux
    John – California Cab
    George – Riesling
    Ringo – Sauvignon Blanc

  • SurfCityJay

    Great guest… checked out his web site… now, I only need $$$ to invest… 😉

  • SurfCityJay

    Great guest… checked out his web site… now, I only need $$$ to invest… 😉

  • Neil

    John: Right Bank Bordeaux
    Paul: Burgundy
    George: Loire Whites
    Ringo: “No,no,no he don’t do it no more, he’s tired of waking up on the floor…”

  • Neil

    John: Right Bank Bordeaux
    Paul: Burgundy
    George: Loire Whites
    Ringo: “No,no,no he don’t do it no more, he’s tired of waking up on the floor…”

  • pawncop

    This was a very good episode. Adrian certainly made clear the issues wine as investment.

    I was very impressed with your interviewing with this episode Gary. I think you did a very fine job.

    QOTD – I have a hard time with questions such as this, and will need to dwell on it for a while.

  • pawncop

    This was a very good episode. Adrian certainly made clear the issues wine as investment.

    I was very impressed with your interviewing with this episode Gary. I think you did a very fine job.

    QOTD – I have a hard time with questions such as this, and will need to dwell on it for a while.

  • wooden palate

    @ Castello: “She’d be reluctant, though, wouldn’t she, right?”

  • wooden palate

    @ Castello: “She’d be reluctant, though, wouldn’t she, right?”

  • Anonymous

    @Wooden Palate. Thanks, that makes sense.

  • castello

    @Wooden Palate. Thanks, that makes sense.

  • Bill

    drip

  • Bill

    drip

  • Pingback: Gary Vaynerchuk and Adrian Lenegan on Wine as an Investment « Justin Loves Food()

  • Zach

    I like the topic and idea of the show. However, I would have liked a little more in depth information about wine as an investment, the “do’s” and “don’t’s”, the pitfalls to avoid, the inside track to better collecting. Should someone be collecting what they like or something that has more value and that has the potential of increasing? What about some resources for some of the beginners out there? When I started, it took a lot of time trying to find reliable information.

    Overall, it left me a little flat at the end. Not to mention this guy is across the pond and really doesn’t deal with US collectors (I’m sure is the majority of your audience).

    GV, I think you can revisit this topic and (with your knowledge) add a lot more to it.

  • Zach

    I like the topic and idea of the show. However, I would have liked a little more in depth information about wine as an investment, the “do’s” and “don’t’s”, the pitfalls to avoid, the inside track to better collecting. Should someone be collecting what they like or something that has more value and that has the potential of increasing? What about some resources for some of the beginners out there? When I started, it took a lot of time trying to find reliable information.

    Overall, it left me a little flat at the end. Not to mention this guy is across the pond and really doesn’t deal with US collectors (I’m sure is the majority of your audience).

    GV, I think you can revisit this topic and (with your knowledge) add a lot more to it.

  • MacSteveH

    John: a funky, mushroomy Pinot Noir
    Paul: Kendall-Jackson Chardonnay
    George: a claret
    Ringo: Night Train

  • MacSteveH

    John: a funky, mushroomy Pinot Noir
    Paul: Kendall-Jackson Chardonnay
    George: a claret
    Ringo: Night Train

  • jason carey

    Wine as an investment is a sick and twisted mindset. Wine should be for drinking.
    This is just another example why Capitalism is going to collapse.

  • jason carey

    Wine as an investment is a sick and twisted mindset. Wine should be for drinking.
    This is just another example why Capitalism is going to collapse.

  • hollisdevillo

    Nice show.

    QOTD:
    Paul – Blue Nun
    John – Way too young Burgundy
    George – Loire White
    Ringo – Cali Chard
    George Martin – Santa Margherita
    Billy Preston – Bourbon
    Julian Lennon – Yellow Tail shiraz
    Yoko – Sake (aw terrible sterotype)

  • hollisdevillo

    Nice show.

    QOTD:
    Paul – Blue Nun
    John – Way too young Burgundy
    George – Loire White
    Ringo – Cali Chard
    George Martin – Santa Margherita
    Billy Preston – Bourbon
    Julian Lennon – Yellow Tail shiraz
    Yoko – Sake (aw terrible sterotype)

  • rimarfish

    QOTD:
    John: Burgundy
    Paul: Bordeaux
    George: Rhone
    Ringo: Brunello

  • rimarfish

    QOTD:
    John: Burgundy
    Paul: Bordeaux
    George: Rhone
    Ringo: Brunello

  • Matt

    this is a great topic gary, fantastic show.

  • Matt

    this is a great topic gary, fantastic show.

  • Phil G

    I would love to understand even more how people invest in wine… interesting indeed.

  • Phil G

    I would love to understand even more how people invest in wine… interesting indeed.

  • Steve Bjerklie

    Gary, this gentleman had a lot of knowledge and information to offer us, and I think we didn’t receive half of what we could have. Why? Your interruptions. Please — please! — allow your guests the respect and courtesy of completing their answers. When you have a guest, the show becomes about them, not about you.

    QOTD:

    John: Astringent, difficult but ultimately magnificent Bordeaux.
    Paul: Big, fruity, bombastic California red.
    George: Red burgundy, without question. Subtle, introspective.
    Ringo: Australian shiraz. Simple, lovable and kind.

  • Steve Bjerklie

    Gary, this gentleman had a lot of knowledge and information to offer us, and I think we didn’t receive half of what we could have. Why? Your interruptions. Please — please! — allow your guests the respect and courtesy of completing their answers. When you have a guest, the show becomes about them, not about you.

    QOTD:

    John: Astringent, difficult but ultimately magnificent Bordeaux.
    Paul: Big, fruity, bombastic California red.
    George: Red burgundy, without question. Subtle, introspective.
    Ringo: Australian shiraz. Simple, lovable and kind.

  • Great episode. I’ve been thinking about it all weekend and decided to write my first comment ever on your site. I thought it was particularly interesting to learn more about the UK wine investment market, which is not something we get exposed to often (so thanks!), and compare Provenance’s experiences with that of our own. We own a US-based internet wine store that specializes in rare wines, so we serve primarily customers looking for investment grade or special occasion wines. We notice that most of our clients buy with the intent to “hold and drink”, but that they end up with more wine than their cellar can hold and seek to sell some of it off. Perhaps a more objective, investment-only attitude is something that will catch on more in the future in the US. This thought has now motivated me to research the history of the UK to understand how and when their society turned to a more investment-focused wine culture. I’ll let you know what I find out.
    Cheers, Karen
    PS – love the QOTD, and i agree with many of the comments made below.

  • Great episode. I’ve been thinking about it all weekend and decided to write my first comment ever on your site. I thought it was particularly interesting to learn more about the UK wine investment market, which is not something we get exposed to often (so thanks!), and compare Provenance’s experiences with that of our own. We own a US-based internet wine store that specializes in rare wines, so we serve primarily customers looking for investment grade or special occasion wines. We notice that most of our clients buy with the intent to “hold and drink”, but that they end up with more wine than their cellar can hold and seek to sell some of it off. Perhaps a more objective, investment-only attitude is something that will catch on more in the future in the US. This thought has now motivated me to research the history of the UK to understand how and when their society turned to a more investment-focused wine culture. I’ll let you know what I find out.
    Cheers, Karen
    PS – love the QOTD, and i agree with many of the comments made below.

  • TommyB

    I want to be the number 1 comment on the next show – Gary, please e-mail me to let me know when I should log on (UK time) to make sure I;m number 1!

  • TommyB

    I want to be the number 1 comment on the next show – Gary, please e-mail me to let me know when I should log on (UK time) to make sure I;m number 1!

  • Interesting introduction/overview to the wine as investment topic…content was a little thin, but hey, Adrian makes his bucks for sharing strategic info with clients.
    With Mr. Terlato’s recent question about moving buyers into higher price wine, this topic takes the discussion even farther out to the edge of “marginal” wine purchasing. Sure there may be a relatively high average cash per case going into it, but what percentage of all wine sales is investment class?
    Again, this is a pastime for those with the disposable income to support it, and it is certainly not a primary investment strategy for anyone (or at least should not be). Even though new collectible wine pricing has been pushing up, recent auction data over the last couple of years has been showing a general price slide downwards. (I’m probably never going to invest in wine for profit, but keep an eye on since I am certainly interested in why other folks do it).

    That said, I do invest in wine for future savings…
    Buying by the case and laying down something that you will not otherwise be able to easily lay hands on in a few years, without serious searching or price increase is not a bad idea. For those that enjoy wine for its consumption potential, we can do really well by cellaring even moderately priced wines that will improve with time and show up at several times the cost on a nice restaurant’s list. There is plenty of nice stuff in the $18 – $30 range that fits this category, and after several years of doing this I can attest to the rewards it produces. The only “special” stuff I have is a few vintages of the Concha Y Toro Don Melchor, that I started picking up at birthday time, and I am certainly looking forward to cracking into that some time in the future.

    QOTD: hmmm that is some question…given how each of these guys evolved over time, it might take more than one wine for each.

  • BurroBoy

    Interesting introduction/overview to the wine as investment topic…content was a little thin, but hey, Adrian makes his bucks for sharing strategic info with clients.
    With Mr. Terlato’s recent question about moving buyers into higher price wine, this topic takes the discussion even farther out to the edge of “marginal” wine purchasing. Sure there may be a relatively high average cash per case going into it, but what percentage of all wine sales is investment class?
    Again, this is a pastime for those with the disposable income to support it, and it is certainly not a primary investment strategy for anyone (or at least should not be). Even though new collectible wine pricing has been pushing up, recent auction data over the last couple of years has been showing a general price slide downwards. (I’m probably never going to invest in wine for profit, but keep an eye on since I am certainly interested in why other folks do it).

    That said, I do invest in wine for future savings…
    Buying by the case and laying down something that you will not otherwise be able to easily lay hands on in a few years, without serious searching or price increase is not a bad idea. For those that enjoy wine for its consumption potential, we can do really well by cellaring even moderately priced wines that will improve with time and show up at several times the cost on a nice restaurant’s list. There is plenty of nice stuff in the $18 – $30 range that fits this category, and after several years of doing this I can attest to the rewards it produces. The only “special” stuff I have is a few vintages of the Concha Y Toro Don Melchor, that I started picking up at birthday time, and I am certainly looking forward to cracking into that some time in the future.

    QOTD: hmmm that is some question…given how each of these guys evolved over time, it might take more than one wine for each.

  • Adrian Lenegan was a great asset to this episode. Terrific knowledge an approachable info for those looking to start collecting. I have a feeling that we are on the verge of a terrific collectors vintage (2009).

    Let’s be specific:

    John: Chateau Le Pin – When on its game can make you cry
    Paul: Stag’s Leap – Was great, but now no one knows what’s going on
    Ringo: Charles Kruh – Constantly overshadowed but likable
    George: Clos des Papes – Underappreciated greatness

  • Adrian Lenegan was a great asset to this episode. Terrific knowledge an approachable info for those looking to start collecting. I have a feeling that we are on the verge of a terrific collectors vintage (2009).

    Let’s be specific:

    John: Chateau Le Pin – When on its game can make you cry
    Paul: Stag’s Leap – Was great, but now no one knows what’s going on
    Ringo: Charles Kruh – Constantly overshadowed but likable
    George: Clos des Papes – Underappreciated greatness

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