Record Bordeaux Futures

Maybe all you oenophiles know already, but I’m not exactly in a position to invest in wine futures so this news tends to zip right by me. Anyway, Bordeaux futures are up 300% from last year! Since 1978, they have had a compound return of 8.7% a year. Opening prices in London for first growths have been at

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Religions change; beer and wine remain.
     —Hervey Allen