How I made a (very) small fortune in wine speculation

For Throwback Thursday I thought I’d republish one of my favourite articles. It’s one that nobody read at the time so thought I’d give it an outing. The wine I bought for £135 a case is now worth £189 according to the Fine and Rare website. Just call me George Soros.

Henry Jeffreys

I decided to squander/ invest the last of my redundancy money on some En Primeur Bordeaux. I know that makes me sound like a former Goldman Sachs employee splashing out on a case of Le Pin but sadly my budget was more modest. My parameters were these: I mustn’t spend more than £500 (very easy when you only have £500) , I would only buy wines from chateaux I knew and I would buy more than one case. There were very few wines that fitted the bill. I was tempted by Poujeaux and Potensac but in the end went for the second wine of Gruaud Larose – Sarget de Gruaud Larose having recently drunk and loved the 2004.

Now to actually buy the stuff. I intended to go to an old-school wine merchant such as Justerini and Brooks but they had sold out so instead I went to Fine and…

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About Henry

Henry Jeffreys was born in London. He has worked in the wine trade, publishing and is now a freelance journalist. He specialises in drink and his work has appeared in the Spectator, the Guardian, the Economist, the Financial Times, the Oldie and Food & Wine magazine. He was a contributor to the Breakfast Bible (Bloomsbury 2013) and his book Empire of Booze: British History through the Bottom of a Glass was published in November 2016.
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One Response to How I made a (very) small fortune in wine speculation

  1. frankstero says:

    Another rule i have is: don’t buy anything you’re not prepared to drink.

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