MI Rewind: Alternative Investing in Fine Wine w/ Anthony Zhang
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How to Exit a Fine Wine Market?
We saw that on the future's market, we saw a couple of really great opportunities. And then just on like the market for wine that's already been released,. demand is still there, and people would still need to drink wine. So it was just a lot more demand from individual collectors rather than from resturant groups. If someone wants to exit their position in a fine wine, how do they go about doing this? The auction rout. Usually you need a pretty big wine collection to even qualify for their minimums. They take anywhere between ten and 20 % of your profits. Same with working with ha broker. It's usually ten or 15%. You can actually fairly see the value
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