Wine is as precious as gold, a refuge item during times of financial crisis that is capable of ensuring superior results, even more so than property investments, which are also prey to the real estate bubble.
This is the guarantee that was recently given in a study by Italian bank Mediobanca upon the occasion of […]

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Decanter reports that UK wine drinkers are cutting the amount they spend on a bottle, with price now the most important factor in buying wine, according to a new survey.
A WineIntelligence poll of 1,000 wine drinkers found that the number of people willing to spend £5–£6 on a bottle of wine had dropped by 5% […]

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Bloomberg reports that Billionaire Warren Buffet’s decision to increase his stake in financial companies led by Wells Fargo & Co. and U.S. Bancorp and avoid subprime lenders is paying off for Berkshire Hathaway Inc. Berkshire’s bank-related investments rose 36 percent in the third quarter, while the 84-member Standard & Poor Financial Index declined 0.1 percent. […]

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