Wine as an Asset Class: Demands, Dilemmas, & Distribution with Vinovest's Anthony Zhang
You're driving down the winding roads of Napa Valley, visiting the countless wineries, taking in the beautiful scenery, and enjoying the various pairings of meats, cheeses, and palate cleansers... But that’s not all that pairs well with wine. This week Anthony Zhang, an ambitious entrepreneur who created Vinovest, gives us the inside scoop on how wine is so much more than just those ‘soft’ descriptors, and can actually be considered an asset class. Even if Jeff asks… really? Is it really scalable and doable for large investors?
It's no coincidence we're dropping this week's pod the day after National Wine Day. Grab yourself a glass of vino as Anthony aerates topics like; starting a company from a dorm room, getting paid to skip college, how wine gains value, why wine doesn't need a token for Crypto, coping with paraplegia, and his outlook ahead. Plus, he gives us an exclusive insight into finding a gem within the wine list. This episode will make you want to sip, savor, and repeat — enjoy!
Chapters:
00:00-01:58 = Intro
01:59-17:46 = Side hustle turned startup, a Thiel Fellow & the Entrepreneur's Trap
17:47-30:16 = Vinovest: Wine as an Asset Class
30:17-41:12 = Supply Dilemmas, Moving the crop, Do/Don't Embrace Technology & How wine gets value
41:13-51:03 = Crypto? Why Wine doesn't need a Token
51:04-56:49 = Beating Paraplegia and how to interact with the handicapped
56:50-01:10:55 = What would you invest in: Assets vs Wine / Finding the gem in the wine list
Follow Along with Anthony on Twitter @anthony_j_zhang and Vinovest @vinovest1 and check out vinovest.co for more information.
Don't forget to subscribe to The Derivative, and follow us on Twitter @rcmAlts and our host Jeff at @AttainCap2, or LinkedIn, and Facebook, and sign-up for our blog digest.
Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer
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