Is it time to divest from gold and oil? Take your money out of the stock market? It might be time to start thinking abut wine as an investment, especially if you can go long on Ornellaia. The Drinks Business has the details of a report commissioned by the Super Tuscan winery and put together by Liv-ex and Sotheby’s, claiming the wine ”...has proved itself more solid than all the main asset havens such as gold and commodities like oil, as well as the leading indexes, such as S&P 500 and FTSE 100.”
How do you feel about wine as an investment? Do you prefer to just drink it? Or are you intrigued by the opportunity? At least with wine, unlike gold or oil, you can always drink your investment.