Emirates Has Invested $500M to Build a 'Fort Knox' of Wine

Re:Emirates Has Invested $500M to Build a 'Fort Knox' of Wine by ebiester on Thursday January 05, 2017 @03:22PM (#13330990)

I honestly believe there's the past and the present when it comes to wine. In the past, there were greater differences because better wineries had better knowledge, better craft, and better land.

However, the macro-wineries really upped their game in the last twenty years. Today, the bigger difference is that the macro-wineries are able to create at scale. More wine with lower per-bottle margins is a profitable strategy.

That said, there are some truly great wines out there at higher price points, but the real differentiation is how much has been produced.

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Re:Emirates Has Invested $500M to Build a 'Fort Knox' of Wine by thesehands on Thursday January 05, 2017 @05:16PM (#13331956)

Totally, Bordeaux decided in 1855 which the best wineries were and the list is largely exactly the same now, a bottle from a first growth is naturally valued more than one from a lesser growth. Interestingly the critique of Robert Parker had so much weight to a wines price in recent years that negociants would wait to price their wines until the final score had been revealed by Parker.

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