Financial professional Mahesh Kumar documents how investment in fine wines over the past 20 years equal or exceed the return from stocks and bonds in this book. Based on the Nobel Prize–winning portfolio theory of Harvey Markovitz, the author provides a mean-variance model with expected return, standard deviations (risk), and correlations between asset returns. It includes extensive data and charts that document the performance for each investment for every five year period since 1983 and “blue chip” wines and vintages are discussed as are strategies for reduction of risk by buying the right wines at the right time.

Wine Investment for Portfolio Diversification: How Collecting Fine Wines Can Yield Greater Returns Than Stocks and Bonds

Business & Money

Kumar BA ACMA ATT CMC MBA, Mahesh

Investing

Board and Bench Publishing

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Books by Kumar BA ACMA ATT CMC MBA, Mahesh

See the best price to sell, buy, or rent books by Kumar BA ACMA ATT CMC MBA, Mahesh. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Wine Investment for Portfolio Diversification: How Collecting Fine Wines Can Yield Greater Returns Than Stocks and Bonds