+1Mahmoud Ali wrote:The point of the story was affordability, not being so rich as to not care. Wine is no different really. Cellaring is about buying more wine that you need to drink and to pay for the storage. Each person can decide for themselves if they want to do it.Polymer wrote:And this is true. If you're buying the Rolls Royce or Ferrari of Wines...then you don't care about storage costs (and I actually said that long time ago).Mahmoud Ali wrote:I'm reminded of the apocryphal story of the man who walks into a Rolls Royce dealership and when he asked the salesman about the mileage he can expect from the Rolls was told that if he needed to know the fuel rating then he likely couldn't afford a Rolls Royce.
But you're not (from what I've seen) and I'm not and most people on here are not buying the equivalent of wine. For those on here that drink 3 figure wines for their daily drinker and buy multiples of 4 figure wines on a regular basis, they don't care about this. We (you and I and most people on here) regularly buy and drink the Toyota of wines..maybe the Lexus of wines...We're not drinking the Yugo of wines but we're certainly not at the point where the little things are just a rounding error.
You are not telling people how to spend their money, I never said that you did. What you are saying is that people don't understand what it costs, therby implying that had they known they would not choose to cellar wines. That is an arrogance that you continue to display. I'm sure everyone on this forum knows how much they spend on wine, after all the cost of wines in not a small part of the discussion here. They also know what they spend on cellaring because it is a monthly fee. What you insist on repeating is that people would be making different decisions if only they would listen to you and do otherwise. Indeed, you are suggesting that that people should reconsider their spending on cellaring.Polymer wrote:I am not telling people how to spend their money. I'm showing them what the opportunity costs are..and if you think everyone understands what those were, you're wrong. If you have then there is nothing to be offended about but honestly, the way you've responded it is like saying "what difference does it make what the numbers say?" which means you haven't thought about it to that level..and most people haven't, including myself before.Mahmoud Ali wrote: The cellaring and drinking of fine wine can be an expensive hobby and nobody is being forced. It is a voluntary activity freely undertaken by those who choose to do so. It is absurdly condescending to keep hearing people go on about how adults who chose to spend their money in thsi way are somehow unwitting dupes and need lessons on accounting and forensic economic analysis about the future value of their wines.
What I'm talking about is an alternative backed by information and data...people can choose to agree or not to agree.
Perhaps the most galling thing to me is your idea that, once a person decides to cellar wine, he/she should use cost factors, present and future, to figure out which wine is "worth" cellaring. A person should cellar the wine they want to drink - period. The fact that a wine has limited availability or might increase in value is most certainly an added incentive. It makes no difference if the cellared wine cost $10 or $100. There is no point cellaring a wine you don't want to drink no matter how limited the bottling or much it will appreciate in value unless you are in it for an investment and plan to sell it for profit. In that case you can lump your calculations and costs along with pork belly and gold futures.
Mahmoud.
Cheers craig