The Antique Wine Company CEO Stephen Williams on Investing in the Wine Market | June 2, 2015 | Leave a comment
The Antique Wine Company CEO Stephen Williams on Investing in the Wine Market | Cave Zone Entertainment
The Antique Wine Company CEO Stephen Williams on Investing in the Wine Market
You may have missed the excitement of London Wine Week 2015, but you can still benefit from the knowledge of one of the wine industry's premiere experts.
Stephen Williams, CEO and founder of The Antique Wine Company, sat down withCaroline Hyde at Blooomberg Business for an enlightening discussion about investing in wine.
Stephen Williams founded The Antique Wine Company (AWC) thirty-three years ago.
Since that time his
passion for wine has continued to grow along with the company's reputation.
Caroline Hyde had the opportunity to sit down with Williams
during London Wine Week and the resulting conversation was insightful.
was quick to point out that most serious collectors are primarily motivated to collect because they are passionate about wine.
suggested, "While they enjoy the intellectual engagement that very fine wine provides, as well as pleasure, they're primary motive is always to buy eventually to drink."
further explained that most serious collectors rarely make drastic shifts in their collections whether buying or selling.
But one particularly satisfying element in the notion that wine increases in value as it matures, is that the serious collector enjoys a sense of, "comfort," as Williams
Continuing, "You know that you can always sell off part of your cellar and that will fund ongoing purchases."
Speaking strictly in terms of the drastic increase in wine investment seen during 2008 - 2010, he
suggested that the inflation was a culmination of a series of elements.
Wine continued to thrive while other sectors were underperforming.
This fact alone drew investors and when the supply didn't meet demand, that created an even more desirable situation for those looking to make money.
thinks we are in a more stable climate for investing in wine at the moment with a reasonable return of 10% a year, "rather than the 30 - 40% we saw in 2009 - 2010.