m42
10-25-2008, 11:05 PM
This is actually a hobby of mine. I was wondering if anyone else does it.
While world stock markets flirt with meltdown, George Handjinicolaou is happy with one part of his portfolio. It’s not, as you might guess, Lehman Brothers or AIG. Instead, the London-based financial services executive ponders fine wines such as ’99 Haut-Brion and 2000 Mouton-Rothschild. The vintages are housed with 300 other valuable cases in a climate-controlled New York warehouse, getting tastier – and pricier – by the day.
What began as a hobby, after Mr Handjinicolaou toured the chateaux of Bordeaux in the late 1980s, has developed into a serious investment, representing almost 10 per cent of his portfolio.
http://www.ft.com/cms/s/0/d4ef4050-8e79-11dd-9b46-0000779fd18c,dwp_uuid=d8e9ac2a-30dc-11da-ac1b-00000e2511c8.html
While world stock markets flirt with meltdown, George Handjinicolaou is happy with one part of his portfolio. It’s not, as you might guess, Lehman Brothers or AIG. Instead, the London-based financial services executive ponders fine wines such as ’99 Haut-Brion and 2000 Mouton-Rothschild. The vintages are housed with 300 other valuable cases in a climate-controlled New York warehouse, getting tastier – and pricier – by the day.
What began as a hobby, after Mr Handjinicolaou toured the chateaux of Bordeaux in the late 1980s, has developed into a serious investment, representing almost 10 per cent of his portfolio.
http://www.ft.com/cms/s/0/d4ef4050-8e79-11dd-9b46-0000779fd18c,dwp_uuid=d8e9ac2a-30dc-11da-ac1b-00000e2511c8.html