“To be able to make an investment return from anything, you've gotta be able to resell it… Buying something is actually relatively easy. The difficult part is selling it and making sure you can sell it for a profit.” - Tom Gearing
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Takeaways

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• Wine can be an alternative asset class unto itself, but requires significant research.
• To be considered investable, a wine should have a track record of being resold on the secondary market, be well-scored by critics, and have a minimum price point of around $50 per bottle.
• The most investable wines are typically from Bordeaux, Burgundy, and Champagne in France, as well as Tuscany and Piedmont in Italy, and Napa Valley in California.
• When considering investing in wine, it is important to factor in the transactional costs, such as buying, selling, shipping, and storing the wine.
• Online resources like winesearcher.com are great tools to research wine-related investment opportunities.

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Bio

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Tom Gearing is CEO of Cult Wines, a top wine investment platform. Tom has grown Cult Wines from a burgeoning start-up to an award-winning global company with six offices across the United Kingdom, North America, and Asia Pacific. Tom’s expertise, entrepreneurship and knowledge of wines have been widely regarded and he is regularly quoted in the New York Times, Financial Times, and Wall Street Journal. His most memorable vinous experiences to date are Petrus ’61 en Magnum, Liger Belair La Romanee ’09 and Domaine Leroy, Richebourg ’03.

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