SIPPED and SPIT: wine as an investment
A new research paper shows that wine as an investment class beats the Russel 3000 equity index. But journoblogger Felix Salmon punches holes in their methodology and conclusions. [Reuters]
SIPPED: legal action
William Koch, the billionaire wine collector, has sued Christie’s auction house in Manhattan federal court over the disputed Jefferson bottles. He claims to have found two engravers in Germany who put “Th.J.” on the bottles. [AP; WSJ law blog]
SIPPED and SPIT: smoky pinot
The smoke-tainted (and some smoke-free) 2008 Sonoma Pinot Noirs are hitting the market now (as we tasted earlier). And they get page A1 treatment in the WSJ complete with a picture of the machine that removes the “wet ashtray effect.”
SIPPED: the wine talking; SPIT: Earth’s precious resources
In what may well have been an April Fool’s spoof, Sharon Kapnick draws to our attention a new label on the Allegrini Pallazo della Torre 2006. It blurts out information about the wine and winery in seven languages! Only thing standing between you and having the wine literally doing the talking at dinner is a handheld scanner.