Financial Times: Bordeaux wine is for investing, not just for drinking

A study co-authored by Professor Elroy Dimson, Chairman of the Newton Centre for Endowment Asset Management at Cambridge’s Judge Business School, found that investing in fine wine can bring better financial return than bonds, gold, artworks and rare postage stamps. “In our research it became quite clear that wines mature up to quite a long horizon. The rules of the road involve thinking about investment quality wines which will mature over a long period so that they can be laid down for a long time,“ said Professor Dimson.

Read the full article [ft.com]