Due diligence is paramount if you are selling something as complicated as higher end French and Italian wines. The customers are passionate and have a thirst for knowledge. This is my point of view for the 2014 Bordeaux vintage and the current state of the market. Bordeaux wine is more than just wine, it’s a financial barometer, not in the same way as oil, gold, or real estate, however it moves in tandem with these asset classes. It can and does outperform them on yield. Recent seismic moves such as the collapse in the price of oil and volatility in global currency markets reflect instability. It seems there is a flight to quality, US assets are in high demand and naturally enough this had led to a strong dollar which is tremendously good news for Bordeaux. What happened to Bordeaux after 2010 is a grey area. It’s sadly a...