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Wednesday Wraparound

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Wine and health? Don’t worry, just drink the stuff

Wine prevents cancer.

Wine causes cancer.

Red wine prevents cancer. White wine prevents cancer. It doesn’t matter.

Wine is good for your bones. Wine is bad for your bones.

Wine protects the heart.

Wine causes heart attacks.

I don’t know about you, but I’m bored with this constant bombardment of the latest, contradictory medical bulletins on wine’s effect on health. People, get a grip! Don’t drink wine just because you think it’s good for you, and don’t not drink wine just because you think it’s bad for you. Drink wine if you like it. You’ll die when you die.

Hello, how are you, now bugger off

The Pennsylvania Liquor Control Board, in its wisdom, has decided that state store workers have to be more courteous, and is paying a consulting firm $173,000 to train them to say “hello,” “thank you” and “come again.”

This is what you get when you don’t trust the free market to sell alcohol, but give it to state bureaucrats. Well, I’d like to thank you all for reading my blog (and pardon me if I forgot to welcome you). And at the end of this, I’ll say goodbye, and give you a big, bright smile. Please come again, say hi to the Missus/Mister, pat your dog, and don’t forget to have a nice day!

If Bernie Madoff sold wine

he might have come up with something like this, which would justify the life sentence he’s likely to receive:

Seems a British investment bank is seeking wealthy investors to put up a minimum of 500,000 pounds (about $692,000) to buy into a “Bordeaux fund.”

Well, if the conventional wisdom is to buy low, sell high, then Bordeaux just might be a good buy these days. After all, sales are plummeting, and the latest vintage, 2008, seems questionable.

Thoughts on Bill Foley

I wondered why Bill Foley bought Kuleto because,  to be honest, the brand hasn’t exactly been a superstar. The Cabernets are all right, but are under-performing for their price bracket, and the other reds are hit-and-miss. But then, Foley  seems to like investing in wineries that aren’t living up to their potential, like Firestone and Sebastiani. It’s too early to say if he can turn things around, but I think he can. The guy’s got good taste; without taste, all the money in the world is worthless.

Goodbye! Have a nice day, and don’t forget to come again tomorrow!

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