EP 499 Investing In Wine With Jim Cramer Of Mad Money And Your Host Gary Vaynerchuk

Gary Vaynerchuk sits down with the world Famous Jim Cramer and talks about investing in wine and how wine can be a great investment! These 2 high energy guys also have some fun!

Wines tasted in this episode:

2005 Chateau Sansonnet.St Emilion
2004 Emilio Moro Malleolus De Sancho MartinRibera Del Duero
Chateau Latour 2004
1977 Dow’s PortVintage Port

Links mentioned in todays episode.


Latest Comment:

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BrianNussbaum

Gary I have always like wine but you’re turning me into a quote “wine guy”… I paused half way through this video to go grab some sparkling fruity wine. Its a blush white wine with rasberry, strawberry, and blackberry.

Tags: Jim Cramer, port, red, review, Ribera Del Duero, St Emilion, Video, wine, wines

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  • Completely love the show… amazing team… I am looking forward to more wine love from the winelibrary crew. Thank you for changing the wine world one sniffy sniff at a time.

    Michael Bristol

  • Completely love the show… amazing team… I am looking forward to more wine love from the winelibrary crew. Thank you for changing the wine world one sniffy sniff at a time.

    Michael Bristol

  • thepiratedoc

    Wow – missed this one the first time around. Powerful! Gary V and Cramer together is almost too much juice for one show … I can relate to Jim; he doesn’t necessarily know wine, but he knows what he likes. Attaboy.

  • thepiratedoc

    Wow – missed this one the first time around. Powerful! Gary V and Cramer together is almost too much juice for one show … I can relate to Jim; he doesn’t necessarily know wine, but he knows what he likes. Attaboy.

  • wiljak

    i love it – “i like vegetables because fruit is too fattening”

  • wiljak

    i love it – “i like vegetables because fruit is too fattening”

  • 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.

  • james

    Where are all the links?

  • james

    Where are all the links?

  • 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

  • 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

  • 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

  • Chris

    I loved this episode! Great work. I’m still looking for the California Wine investing episode you mentioned.

  • Chris

    I loved this episode! Great work. I’m still looking for the California Wine investing episode you mentioned.

  • ben from boston

    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.

  • ben from boston

    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.

  • Adrian aka AnGkEr

    wow….explosive episode….the energy is simply awesome…..

  • Adrian aka AnGkEr

    wow….explosive episode….the energy is simply awesome…..

  • garybing

    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.

  • garybing

    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.

  • nnothing

    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)

  • nnothing

    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)

  • Toby Marcus

    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.

  • Toby Marcus

    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.

  • Me

    Re Latour at $450: “Will this wine be down to $350?” Answers GV: “NO! No Way! No doubt in my mind it will go up!”

    It is selling at retail for $300, at auction for $250.

    Having Cramer on seems appropriate…want to revisit this episode?

  • Me

    Re Latour at $450: “Will this wine be down to $350?” Answers GV: “NO! No Way! No doubt in my mind it will go up!”

    It is selling at retail for $300, at auction for $250.

    Having Cramer on seems appropriate…want to revisit this episode?

  • Xian

    Bought a 1977 Graham’s in 1996. It was awesome then. Would love another bottle.

  • Xian

    Bought a 1977 Graham’s in 1996. It was awesome then. Would love another bottle.

  • joe gagliano

    Two douche bags!!!

  • joe gagliano

    Two douche bags!!!

  • joegagliano

    I retract my comment.

  • AnthonyManzalji

    That was a classic moment in WLTV when Cramer tasted the second wine. The pitch of his voice went down, a very subtle, calm reflection of the wine. “I love this” he says.. Very personal side of Cramer that you don't usually see. “I love it, I like it very much”

    Mott links it up. Ian gets faced..

  • FJ

    …no, more like ONE moron commentor who's got nothing better to say.

  • marcfrontario

    oh my Gary u two need to get a room!!;)

  • hokiewino

    I just watched this episode and it wasn't until now that I realized just how knowledgeable you really are on the subject of wine. I liked the business side and I would love to see more investment shows.

  • winelou

    Sokolin has it $100/BTL.

  • I like this video very much because it all about wine and whiskey. But wine should be a limit. More overload it is harmful for us and our health .

    http://www.articlesbase.com/relationships-artic

  • Two authentic investors

  • Allan

    Stellar Show G, crazy energy!

    Qotd: Bordeaux '09, could/will probably be interesting. But that being said, when i buy wine i don't think of it as an investment. 🙂

    Cheers!

  • mybirthdaypony

    You guys work so well together. Tell me you two don't chill in your free time. You look like best friends.

  • A dumb Rhein king

    lol. My wife was blown away across the room by two big personalities on the same show.

    QOTD: Manischewitz 😉

  • corkscrew

    Gary opens some good wine for BooYa, have the Sansonnet, love Port, can't afford the Latour..as far as prices go, the train came back into the station..Cramer as always..why be so serious..QOTD-French wines.. http://www.winelx.com

  • Loved seeing the Cramer on the show although I think “investing” in wine is stupid except for those are already in the biz. Way too many variables and cost for the average guy.

  • i recently came across your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading

  • Anonymous

    Thanks for a nice share you have given to us with such an large collection of information. Great work you have done by sharing them to all. simply superb.

  • Tradermat

    You got to be kidding me!!

  • Jharris92037

    My wife hates this…and hates me more for watching it multiple times…

  • global

    I recently came across your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading .
    budelkhand

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