We extend our understanding on the role of wine investment within a portfolio of different assets (US/UK equities …-dominance approaches. The main findings suggest that wine is the best investment among all individual assets under study, and investors … prefer to invest in with-wine portfolios than without-wine portfolios to gain higher expected utility when short sale is not …

culture might need to remodel it investment strategies. Approach: Analyzing the wine market, it will demonstrate the economic … main contributions of this paper are to defend wine as an emblematic French product, while defending the impact of the …