Four posts moved from Wine auctions and market manipulation by jdaw1.
Hello,
may I ask what this is all about?
Despite I acknowledge the Financial conduct etc. I still feel generally people do not understand what a market is and does. With regards to wine and port despite some fundamental rules apply on the other hand information efficiency/transparency is not given. Just think of someone who knows and has tried a lot of wines/ports compared with one that has not and just follows journalist recomendations.
It is clear that the first mentioned has an advantage and clearly will know what to buy and for how much. The latter is just driven by news and recomedation. Sorry but all this say of fair markets etc. is in my eyes floored. In real life people talk and try to make a bargain. Nothing can stop that.
Despite in current times it has come under scrutiny i still am in the camp of wall street: "Greed is good!"
Also do not forget another famous quote: "The most valuable commodity I know of is information."
regards
WS1
Greed is good
Greed is good
"Sometimes too much to drink is barely enough"
Mark Twain
Mark Twain
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- Dalva Golden White Colheita 1952
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Re: Wine auctions and market manipulation
This post must be the most massively 'floored' (sic) that I have read in some time. Ripe with euphemism, I assume by 'come under scrutiny' you are referring to the wheeze whereby the greed and stupidity of a very few was converted into the biggest bill in history for those who seemed sufficiently powerless to be given it. As to the idea that nothing can be done I would point to the French Revolution as an excellent example of what can be achieved with determined effort.
- djewesbury
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Re: Wine auctions and market manipulation
I think Wolfgang has taken us why off topic. Perhaps we could have a new strand of Meaningless Drivel called Greed is Good.
Daniel J.
Husband of a relentless former Soviet Chess Master.
delete.. delete.. *sigh*.. delete...
Husband of a relentless former Soviet Chess Master.
delete.. delete.. *sigh*.. delete...
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- Dalva Golden White Colheita 1952
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- Joined: 17:45 Fri 19 Oct 2012
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Re: Wine auctions and market manipulation
I volunteer to meet Wolfgang behind the bike sheds in meaningless drivel.djewesbury wrote:I think Wolfgang has taken us why off topic. Perhaps we could have a new strand of Meaningless Drivel called Greed is Good.
Admins!
PS I would relish the opportunity to discuss, I hope it is understood that debate and even disagreement can be done with good humour.
This post and above moved from Wine auctions and market manipulation by jdaw1.
Re: Wine auctions and market manipulation
Hear, hear. Well roared, lion.LGTrotter wrote:This post must be the most massively 'floored' (sic) that I have read in some time. Ripe with euphemism, I assume by 'come under scrutiny' you are referring to the wheeze whereby the greed and stupidity of a very few was converted into the biggest bill in history for those who seemed sufficiently powerless to be given it. As to the idea that nothing can be done I would point to the French Revolution as an excellent example of what can be achieved with determined effort.
I assume your surname is Robespierre?
The Eleventh Commandment: Thou shalt know thy Port
- Alex Bridgeman
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Re: Wine auctions and market manipulation
I knew a man who could do a painting of it for you to capture the event for posterity.LGTrotter wrote:This post must be the most massively 'floored' (sic) that I have read in some time. Ripe with euphemism, I assume by 'come under scrutiny' you are referring to the wheeze whereby the greed and stupidity of a very few was converted into the biggest bill in history for those who seemed sufficiently powerless to be given it. As to the idea that nothing can be done I would point to the French Revolution as an excellent example of what can be achieved with determined effort.
Top Ports in 2023: Taylor 1896 Colheita, b. 2021. A perfect Port.
2024: Niepoort 1900 Colheita, b.1971. A near perfect Port.
2024: Niepoort 1900 Colheita, b.1971. A near perfect Port.
- djewesbury
- Graham’s 1970
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Re: Greed is good
I think 'knew' is stretching it!AHB wrote:I knew a man who could do a painting of it for you to capture the event for posterity.LGTrotter wrote:This post must be the most massively 'floored' (sic) that I have read in some time. Ripe with euphemism, I assume by 'come under scrutiny' you are referring to the wheeze whereby the greed and stupidity of a very few was converted into the biggest bill in history for those who seemed sufficiently powerless to be given it. As to the idea that nothing can be done I would point to the French Revolution as an excellent example of what can be achieved with determined effort.
Daniel J.
Husband of a relentless former Soviet Chess Master.
delete.. delete.. *sigh*.. delete...
Husband of a relentless former Soviet Chess Master.
delete.. delete.. *sigh*.. delete...
- Alex Bridgeman
- Graham’s 1948
- Posts: 14915
- Joined: 13:41 Mon 25 Jun 2007
- Location: Berkshire, UK
Re: Greed is good
'Twas but a little poetic license. Or perhaps genetic memory.djewesbury wrote:I think 'knew' is stretching it!AHB wrote:I knew a man who could do a painting of it for you to capture the event for posterity.LGTrotter wrote:This post must be the most massively 'floored' (sic) that I have read in some time. Ripe with euphemism, I assume by 'come under scrutiny' you are referring to the wheeze whereby the greed and stupidity of a very few was converted into the biggest bill in history for those who seemed sufficiently powerless to be given it. As to the idea that nothing can be done I would point to the French Revolution as an excellent example of what can be achieved with determined effort.
Top Ports in 2023: Taylor 1896 Colheita, b. 2021. A perfect Port.
2024: Niepoort 1900 Colheita, b.1971. A near perfect Port.
2024: Niepoort 1900 Colheita, b.1971. A near perfect Port.