At Amphora Portfolio Management I think we could fairly be accused of having a bit of a thing about Ausone but its quality and relative value demand serious attention.
We were very interested to see this headline over the weekend: “Hedge funds pile up record bets against sterling”. Without going too deeply into the arguments, these denizens of Mayfair seem to think that the economy is going to struggle post Brexit and that interest rates are due to stay low for some time.
Counting down the 20 most powerful fine wine brands from the latest Power 100 list: Left Bank claret dominates spots 20 to 11.
It’s important to analyse each and every opportunity, because there is usually a good reason for a price differential, but you have to distinguish between a price differential and an anomaly.