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Very interesting. Some day I want to head down to the Barossa Valley in So. Australia and partake of their Shiraz among other varieties of wine. They produce some very nice wine down there.
Constellation Brands (STZ) continues to do very well. Crimson Wine (which is a former Leucadia subsidiary) offers shareholder discounts. Andrew Peller (ADWPF) is a Canadian option. Wine/liquor stocks I think remain compelling long-term options and there are not that many public companies to choose from. The long-term turn-around play is Aussie company Treasury Wine Estates (TSRYY), which rejected an offer from KKR last year. Truett -Hurst (THST) is a tiny US wine option trading at less than book.
In terms of liquor, the majors remain Diageo (DEO), Brown Forman (BF.B), Pernod Ricard (PRDRY) and Constellation (STZ, although Constellation is mostly wine), as Beam was bought last year.
Champagne options include Louis Vuitton (LVMUY) and Laurent Perrier (LPRRF).
Probably missing a couple, but those are pretty much all the majors and a few minors in wine and liquor.
@Scott: Congratulations !!! You are now the official MFO Board certified wine expert, better known as a Sommellier. Regards, Ted http://www.certifiedwineexpert.com/
This is pretty confused; I think the guy doesn't fully know the subject. Why separate out regions and grapes in such a confusing manner? They overlap. A true taxonomy would be cool, and has probably been done elsewhere with complex arrows: white burgundy is the principal grape of chardonnay, and in France one style is chablis. Etc. He also misspells sauternes and semillon.
Much of the "organization" is purely arbitrary, with many varieties just sort of "stuffed in" to a particular slot to make things look neat. Worthless.
Love the periodic table and very creative. Agree with Scott that wine/liquor stocks are usually good long term holding, I own both STZ and DEO, very happy with STZ thus far.
Comments
Regards,
Ted
https://www.google.com/search?q=yellow+tail+wine&newwindow=1&tbm=isch&imgil=1TjrwyFnG6IFPM%3A%3BmnDkMM6p3CptwM%3Bhttp%253A%252F%252Fen.wikipedia.org%252Fwiki%252FYellow_Tail_(wine)&source=iu&pf=m&fir=1TjrwyFnG6IFPM%253A%252CmnDkMM6p3CptwM%252C_&usg=__3vHGu4i0f_8zSx3TeR-wRfPdJFc%3D&biw=1600&bih=731&ved=0CFIQyjc&ei=UOH6VKX8H8bfggS92oD4Ag#imgrc=1TjrwyFnG6IFPM%253A%3BmnDkMM6p3CptwM%3Bhttp%253A%252F%252Fupload.wikimedia.org%252Fwikipedia%252Fen%252F2%252F26%252FYellowtaillogo.png%3Bhttp%253A%252F%252Fen.wikipedia.org%252Fwiki%252FYellow_Tail_(wine)%3B200%3B200
In terms of liquor, the majors remain Diageo (DEO), Brown Forman (BF.B), Pernod Ricard (PRDRY) and Constellation (STZ, although Constellation is mostly wine), as Beam was bought last year.
Champagne options include Louis Vuitton (LVMUY) and Laurent Perrier (LPRRF).
Probably missing a couple, but those are pretty much all the majors and a few minors in wine and liquor.
Regards,
Ted
http://www.certifiedwineexpert.com/
goldinfinancial
Agree with Scott that wine/liquor stocks are usually good long term holding, I own both STZ and DEO, very happy with STZ thus far.