Good Morning Wine Investors,
You might have noticed that no WineLeaks was published this week —sorry, I was in Sicily trying some delicious wines from Sicilia DOC. It will be back on schedule next Monday.
Each first Thursday of the month, I share a report that analyses the qualitative and quantitative investment thesis of the fine wines in the model portfolio built using the Saturnalia platform. You can read the background of this project here:
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Performance
During November, the Saturnalia Model Portfolio (ex-cash) returned 0.4%. During the same period, the Liv-ex 100 lost -0.4%.
[Please note that I calculated the portfolio return ex-cash. That’s because the ‘cash allocation’ is not strategic but it’s a £50,000 yearly budget al…
