So what have you bought lately?

Nicklasss · Post by **Nicklasss** » Sat Feb 10, 2018 4:49 pm

2015 Margaux enthusiasm.

A 3 pack of Siran and a 3 pack of Brane-Cantenac.

2 bottles of 1990 Chateau Lagrange on hold in DC!

Nic

danzur · Post by **danzur** » Sat Feb 10, 2018 5:53 pm

Finally sat down and put my 2015 Bordeaux orders in-ordered from JJ Buckley, Winex, and K & L

2014 Domaine de Chavalier

2015's-many 375'as and a bunch of 750's:

Gloria
Lagrange (St Julien)
Carbonnieux
Clerc Milon
Langoa Barton
d'Issan
Poujeaux
Gruaud Larose
Lafon Rochet
Lynch Bages
Montrose
Domaine de Chevalier
Chasse Spleen
Giscours
Brane Cantenac
Du Tertre
Leoville Barton
...and more Montrose for good measure...

That should about do it for 2015. I still need to grab Pichon Baron. I may buy a mag or 2 from Margaux but am undecided. Tried to keep my per bottle cost down while picking up nice wines I have tasted. I think I am pretty much out of the first growth (and mostly second and third) game. I'll keep my eyes open for some good value bottlings as well.

I'll take a break for awhile, then back fill some 2014's, and cherry pick some vintages back to 2000...

stefan · Post by **stefan** » Sat Feb 10, 2018 8:20 pm

I intended not to buy anything until I got some empty storage space, but the Berserkers Day sale gave me a chance to pick up some OR PN that I wanted to try. I got

3 Patricia Green 2015 Marine Sedimentary
3 Patricia Green 2015 Volcanic
2 Goodfellows 2015 Durant
2 Goodfellows 2015 Fir Crest
2 Goodfellows 2015 Whistling Ridge
2 Goodfellows 2015 Heritage #4
2 Goodfellows 2015 Heritage #5
2 Goodfellows 2015 Heritage #6

Then I remembered that we'll be in LA for 1 1/2 months in the spring and had to start buying wine to pick up at K&L Hollywood. So far I have bought

1 1997 Jadot Clos de la Roche
2 1990 Gloria
1 1995 Gloria
1 2009 Ferriere
1 2007 Giscours
1 1999 Pavie Decesse
1 1995 Arnoux NSG Poisets
2 1013 Bruno Colin Puligny Truffiere

We can take 19 bottles on the plane, so I figure I am more than half way to having enough for this trip (since we have no children or wine friends in the LA area).

jckba · Post by **jckba** » Sun Feb 11, 2018 3:29 am

danzur wrote:Finally sat down and put my 2015 Bordeaux orders in-ordered from JJ Buckley, Winex, and K & L

2014 Domaine de Chavalier

2015's-many 375'as and a bunch of 750's:

Gloria
Lagrange (St Julien)
Carbonnieux
Clerc Milon
Langoa Barton
d'Issan
Poujeaux
Gruaud Larose
Lafon Rochet
Lynch Bages
Montrose
Domaine de Chevalier
Chasse Spleen
Giscours
Brane Cantenac
Du Tertre
Leoville Barton
...and more Montrose for good measure...

That should about do it for 2015. I still need to grab Pichon Baron. I may buy a mag or 2 from Margaux but am undecided. Tried to keep my per bottle cost down while picking up nice wines I have tasted. I think I am pretty much out of the first growth (and mostly second and third) game. I'll keep my eyes open for some good value bottlings as well.

I'll take a break for awhile, then back fill some 2014's, and cherry pick some vintages back to 2000...

Sheesh, it looks like we will be doing the 2015 Bdx horizontal tasting at your place

William P · Post by **William P** » Sun Feb 11, 2018 9:17 pm

2014 Ch. La Lagune (2)
2014 Ch. Giscours (2)

Gerry M. · Post by **Gerry M.** » Sun Feb 11, 2018 10:28 pm

Picked up a few 2015 Burg's.

4-2015 Gaston & Pierre Ravaut Côte de Nuits Villages
1-2015 Domaine Dujac Chambolle-Musigny
2-2015 Domaine Dujac Morey St. Denis

JimHow · Post by **JimHow** » Sun Feb 11, 2018 10:59 pm

Where did you get those Gerry?
Any 2015 Burgs coming in in NH?
Any idea when the Jadots are coming to NH?

Gerry M. · Post by **Gerry M.** » Sun Feb 11, 2018 11:43 pm

I have a friend of mine that's really into Burg's who hooked me up with the Dujac's.

The Ravaut I tasted at a hole in the wall place in Newton Ma, Ansonia Wines. They carry mostly very small producers that few have even heard of. Most of the wines they import themselves. It's a father-son operation and they are only open on Saturdays. Most of their business is done via e-mail blasts. Prices are fair and they offer free shipping on 12 bottle orders.

I have not seen much for 2015 reds yet in NH but will keep an eye open and let you know when I see any Jadot.

Frederico · Post by **Frederico** » Mon Feb 12, 2018 12:01 am

So far I've bought these in 2018:

3x G.D. Vajra Barolo Ravera 2013
3x Luciano Sandrone Barolo Le Vigne 2013
3x Château Calon Suger 2014

marcs · Post by **marcs** » Tue Feb 13, 2018 10:24 pm

A mixed case of 2014s (Leoville Barton, Pichon Lalande, Grand Puy Lacoste), as I said in the other thread, I went back on my promise to myself to stop buying new Bordeaux vintages when I hit 50

Some Rauzan Segla from my son's birth year

4 bottles of 2012 Faiveley Nuits Porets at $60/each -- basically because I know I love this wine in good vintages but have seen the release price inexorably rise to $90/bottle, and going higher I suspect. Such is the way of Burgundy.

jal · Post by **jal** » Wed Feb 14, 2018 12:42 am

2 2010 Montrose
2 2005 Nairac (splits)
2 2005 La Gomerie

AKR · Post by **AKR** » Wed Feb 14, 2018 12:46 am

Gerry M. wrote:I have a friend of mine that's really into Burg's who hooked me up with the Dujac's.

The Ravaut I tasted at a hole in the wall place in Newton Ma, Ansonia Wines. They carry mostly very small producers that few have even heard of. Most of the wines they import themselves. It's a father-son operation and they are only open on Saturdays. Most of their business is done via e-mail blasts. Prices are fair and they offer free shipping on 12 bottle orders.

I have not seen much for 2015 reds yet in NH but will keep an eye open and let you know when I see any Jadot.

That Ansonia wines sort of seems like Milton Road Trading out here in California.

Just a couple of guys, a warehouse, and well stamped passport.

The internet is good for these kinds of passionate entrepreneurs.

JimHow · Post by **JimHow** » Wed Feb 14, 2018 12:54 am

2 x 2010 Guigal Cote-Rotie Chateau d'Ampuis

JimHow · Post by **JimHow** » Wed Feb 14, 2018 2:08 am

That Ansonia wines sort of seems like Milton Road Trading out here in California.

Just a couple of guys, a warehouse, and well stamped passport.

The internet is good for these kinds of passionate entrepreneurs.

All my dickwad lawyer friends are always saying to me, Jimmy, why did you never try to make money off your wine website?

Gee, some sort of internet warehouse type operation tied to BWE might make sense. Negligible mark ups, etc.

Myself I'm not interested in it, as I've been saying a lot lately, "If I were ten years younger...."

I was telling my buddy Ray recently that we need to figure out a way to become billionaires between ages 60 and 70. How do you turn $1 million into $1 billion. I told my buddy that there are two words that answer that question:

So... the question is:

If you have $1 million at Age 60, how do you turn that into $1 billion at Age 70?

Not an easy question, of course, you have to factor in age, risk-acceptance, etc., but to me there is an obvious TWO WORD answer.

I'll be curious to see who from BWE can figure out what the answer is...

_______________ _____________________.

stefan · Post by **stefan** » Wed Feb 14, 2018 4:10 am

Best I can guarantee for $1M would give $200M after 2 years. I am not sure that it is practical for one person to do this, but it is definitely possible for 40 people who have $25,000 each. And it is a two word answer.

Tom In DC · Post by **Tom In DC** » Wed Feb 14, 2018 4:27 am

Ponzi Scheme?

stefan · Post by **stefan** » Wed Feb 14, 2018 4:55 pm

Funny, Tom, but Ponzi schemes do not give a guaranteed return, and few last for ten years (PC being one of the few).

Using my method, I do not see how to guarantee $1B after ten years even if one can guarantee $200M after two years. If the scheme were repeatable, one could parlay the $200M into $40B after just two more years, but it is, regrettably, not repeatable.

JimHow · Post by **JimHow** » Wed Feb 14, 2018 4:58 pm

okay, BESIDES a Ponzi scheme, what two words represent the most likely way to turn $1 miiiillion dollars at age 60 into 1 biiiillion dollars at age 70....

jckba · Post by **jckba** » Wed Feb 14, 2018 5:24 pm

An all-in ‘crypto currency’ play ... ?

JimHow · Post by **JimHow** » Wed Feb 14, 2018 5:33 pm

Good answer JC but no, crypto currency is not the “most likely” path from $1 million at age 60 to $1 billion at age 70....

JCNorthway · Post by **JCNorthway** » Wed Feb 14, 2018 5:57 pm

First growths!

JimHow · Post by **JimHow** » Wed Feb 14, 2018 6:49 pm

These are excellent choices!

1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths

All excellent choices, but still not the correct answer -- two words -- as to how to maximize your chances, at age 60, of turning $1 million into $1 billion by age 70....

danzur · Post by **danzur** » Wed Feb 14, 2018 7:21 pm

Great convo, you guys are way smarter, and way more ambitious than me. I'm currently working on an experiment to turn $1M (actually $10,000) into $0. With a bit more free time I could likely get this accomplished today.

Backfilled some 2005's today:

Gloria
Domaine de Chevalier
Sociando Mallet
Malartic Lagraviere

JimHow · Post by **JimHow** » Wed Feb 14, 2018 7:40 pm

Well done, danseur. Very well done indeed.

marcs · Post by **marcs** » Wed Feb 14, 2018 8:06 pm

[Selling] Wine futures?

or would that just fall under Ponzi Scheme?

JimHow · Post by **JimHow** » Wed Feb 14, 2018 8:15 pm

1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures

I am going to keep compiling the list until somebody -- anybody -- offers the TWO words that allow for the best opportunity, at age 60, of turning $1 million into $1 billion before age 70....

stefan · Post by **stefan** » Wed Feb 14, 2018 8:31 pm

OK; my two words are

Life Insurance.

Better called death insurance.

For a bit more than $1K per month, one can buy a $5M term policy (e.g., from TIAA). These policies typically don't pay for suicide in the first two years of the policy but do after that. So one needs to hold the policy for two years before jumping off the Empire State Building. That's about $25K in premiums to get $5M, so $1M gets a $200M pay out after two years, assuming that one person can buy 40 such policies (which I doubt; but 40 people can each buy one).

But this does not answer Jim's question unless one is like Duncan MacCleod. (I wonder why Duncan MacCleod did not use this strategy.)

danzur · Post by **danzur** » Wed Feb 14, 2018 8:35 pm

Compound Interest

jal · Post by **jal** » Wed Feb 14, 2018 9:26 pm

I'll chime in but don't shoot the messenger, I'm just throwing it out there
Presidential campaign
Or maybe
Charitable Foundation

DavidG · Post by **DavidG** » Wed Feb 14, 2018 9:39 pm

I think Jacques nailed it!

Since Presidential Campaign is already taken, how about:
Mega Church

Will you give us the answer before you turn 70?

JimHow · Post by **JimHow** » Wed Feb 14, 2018 10:33 pm

Wow, good stuff:

1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church

All ways indeed to get rich. But at age 60, the best way to turn $1 million into $1 billion by age 70 is, in two words, ___________ _____________ .

Chateau Vin · Post by **Chateau Vin** » Wed Feb 14, 2018 10:47 pm

JimHow wrote:
But at age 60, the best way to turn $1 million into $1 billion by age 70 is, in two words, ___________ _____________ .

'Not Possible'

jal · Post by **jal** » Wed Feb 14, 2018 10:50 pm

So assuming you mean something
Legal
Realistic (No time machine)
Ethical
Remaining alive by age 70 (no organ donation or life insurance)
Then
I'm drawing a blank.

JimHow · Post by **JimHow** » Wed Feb 14, 2018 10:52 pm

Hmmm. Wow. "Not Possible."

1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible

So you are 60 years old. Not 25. Not 50. You are 60. The Big Six-Oh. And you have $1 million in your hands. Or in the bank, or under your mattress. $1 MILLION. Not a penny more, not a penny less. And you say to yourself: I want to take this $1 million, and I want to turn it into $1 BILLION. What do I do with that $1 million to turn it into 1,000 million in ten years....

JimHow · Post by **JimHow** » Wed Feb 14, 2018 10:53 pm

That is correct, Jacques....
It has to be legal, ethical, realistic...

JimHow · Post by **JimHow** » Wed Feb 14, 2018 10:54 pm

And you can't say something like:
Create iPhone

JimHow · Post by **JimHow** » Wed Feb 14, 2018 11:19 pm

I mean, yes, there are some answers here where you could legally, ethically, POSSIBLY turn $1 million into $1 billion in 10 years.... Crypto currency, mega church, even possibly presidential campaign or charitable foundation.
You could take your $1 million and create some Steve Jobs or Bill Gates type company.
Those would be legal and ethical, but not likely very realistic.
But what is the MOST LIKELY, most realistic way to turn $1 million that you have in a duffel bag on your 60th birthday, and turn it into $1 billion in multiple duffel bags on your 70th birthday?
Two words: ____________ ____________.

jal · Post by **jal** » Wed Feb 14, 2018 11:37 pm

California Vineyard

Buy one for a few hundred grand
Make wine, preferably Cabernet, a few more hundred
Pay some publications to give you great reviews ratings for say last 100k.

Repeat 10 times (see Bill Harlan). Probably more likely in the late nineties so, I'm not so sure this is valid still but maybe

JimHow · Post by **JimHow** » Wed Feb 14, 2018 11:40 pm

Ooh! Good one!
You are getting warmer!
Indeed, arguably you have answered it!

JimHow · Post by **JimHow** » Wed Feb 14, 2018 11:41 pm

1. Forty people
2. Ponzi scheme
3. Crypto currency
4. First growths
5. Wine futures
6. Life insurance
7. Compound interest
8. Presidential campaign
9. Charitable foundation
10. Mega church
11. Not possible
12. California vineyard

California vineyard is good. But I would say there is a more complete two word answer.