Liquidity Issues – Wine Prices Going Down?

During the tech boom in the late nineties Guido was buying wine faster than he could drink it (for once). When the tech collapse halved Guido’s net worth he drank all the wine rather than see it, errm, depreciate. Seemed sensible at the time. This time Guido thinks he should just get short the Wine index (which is exchange traded) and drink the profits.

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