Yeah, that’s funny. I can’t even comprehend that wine is an investment vehicle. I’ve never once bought a wine with the intent to do anything else but drink it. Even all of those 2005 St Ems that I bought and then hated, I gave them all away. I didn’t like the idea of selling them. I will only admit to selling two bottles of wine in my entire life, the 1993 Maya. It was in the late 1990s, I just made equity partner with a large equity contribution, my wife and I had a child and she quit her lucrative job, we had a brand new house, and I was dirt poor drinking Lanessan and other cheap stuff! Somebody offered me $425 per bottle for a wine that I paid $50 for, and I was no longer trusting the Parker palate.That was like a godsend cash infusion.
Podcast?
Todd set it up as a VIP pay-per-view session. He made so much money he’s hanging out in Lake Como right now drinking DRC.
Whoopsie
Rolland was almost exclusively Right Bank. The only Medoc he was consulting for in 2009 was Latour Carnet
great post love the life story…as for me “still dirt poor drinking Lanessan”!
Thanks for sharing your Bordeaux wine life and indeed interesting. Time change and life change. My Bordeaux wine life was short and simply - from the early early 1980s vintage to around 1995.
Parker was the wine-mover for the US market during those years. He rated HB and LMHG from vintage 1989 ; 100 points and 99 points. The wine-auction market moved from London to NY around the year 1994.
Most wine drinkers during that period time ( repeat :that period ) seldom thinking of buying high-end Bordeaux wines ( or the Big 8 ) as an investment vehicle. Needless to say, Parker’s 99 points and/or 100 points needed bottle-age for enjoyment purpose. For me, personal, I love the 1991, 1992, 1993 as they were very reasonable prices - for example Margaux 1992 released at CA$68 per bottle. Latour was at CA 109 per bottle. SAQ had too much stock for vintage 1994 and needed to do a fire-sale ( at 10% ).
Now when 1995 vintage arrived the Quebec market, the prices jumped 50% to CA$159. Why would most of the experienced buyers for Bordeaux bid 8 wines buyers continued to buy the newer vintage 1995 or to a lesser extend 1996 - which Parker did not rated them as high as the 1989 and 1990; plus the fact I still owned cases and cases of HB and LMBH from vintage 1989 - waiting for them to gain bottle-age.
For me, personally, my taste changed to prefer Burgundy wines - more and more - thanks to Meadows.
Same here. Though I’ve sold plenty of wine. Mostly because I had a buying problem and ended up with way too much wine.
I think this is a reference to the WB Zoom tasting of 2016 Bordeaux last week with @Robert.A.Jr, @Mark_Golodetz, @Jeff_Leve, and a WB peanut gallery. I have no idea if it was recorded.
Leoville Poyferre. Lascombes. Pape Clemente.
I’m sure there were others.
Not in 2009. They came later.
No. Way before.
Poyferre back to the 1980s.
Belgrave like 1986.
Yes : I forget to say : Merci to Robert.
I bought many, many Lanessan 2014 (Mgm) ( 1384-45362 $63.50) and also the 750 ml. I lover all of them.
I love this post and tend to agree. Bordeaux is, relatively speaking, a value wine with tons of good quality at a relatively low financial barrier to entry. Then again, as @CFu would point out, it’s really not cool.
My mistake. But not the 1980s. 1994
I was not aware that CFu’s had pointed out that it’s really not cool : to drink Bordeaux ( or Bordeaux’s style wine ) as he have started to talk about Chinese wines.
Please do not let him know that I am contemplating of moving back to enjoy Bordeaux’s style wines crafted in Okanagan Valley in BC, as I am live in Montreal, Quebec, Canada. 
- Last year I sold substantial quantities of wine for the first time. Like you, I have too much wine and getting older.
- I saw this on You Tube.
Should I send you instructions as to where to send my check for $69,000. 
Nope. Wrongo Dongo 
And what about Pontet Canet? Smith Haut Lafitte, Pape Clement, Malescot, La Louvier, and there were others as well. It’s too early to think, I’m still on pre-espresso time here. Just tryin’ to be helpful to you guys.
I have too much fun correcting you and @Robert.A.Jr 
Is it correct that 1982s have alcohol levels that low. I know that is what the bottles say but some people (don’t remember who) have told me that the wineries lied at least in part because after a certain point tax levels go up. Don’t know whether that is true.
Woah woah. Also boring.
One thing I have found in life is that nothing is cool forever. I probably never was cool, but, as my kids (40 and 38) constantly remind me, I am not cool now. And, day by day as my granddaughter is getting older (now 4 1/2) they are learning that they are no longer cool.
Buy what you like and is a good value. Things change and it may become cool again.