3332 W. Foster Ave.
#345
Chicago, IL. 60625 |
Great Wine Waiting For You
www.bottledgrapesonline.com
Krunch Kretschmar, a Chicago entrepreneur and wine consultant, runs a wine club that has outperformed investments in anything but oil over the last 4 years.
Mr. Kretschmar’s club includes 25 International investors who bought shares at $3,000 each in YEAR, creating a fund of $300,000.00 to buy the wines. Since its inception the value of the collection has grown to an estimated $50 million, or $2 million per share.
Particular standouts in the collection include: 1986 Chateau Lafite,(Bought at $250, Value today at $1200) 1945 Chateau Mouton,( Bought at $2500, Value today at $30,000) 1978 Romanée Conti, (Bought at $1500, Value today at $12,000) 2001 Chateau D'Yquem, (Bought at $150, Value today at $1000).
Since 2004 the London based Livex 100 Index has tracked the trading pattern of many of the most sought after wines in their recent vintages. From the beginning of 2006, The Liv-ex 100 index rose 43.2% to November 07 outperforming gold, the FTSE and Dow Jones. Viewed as a speculative investment, in the last 20 years fine wine has also outperformed a number of equity and fixed income indices including the FTSE 100.
Mr Kretschmar combines a Harvard Ph.D in economics with the expertise in wine he developed while becoming a International Grand Conferie Sommelier, a designation that blends a mastery of wine with elite training in spirits, cheeses, tobacco and etiquette.
In addition to the wine portfolio he oversees, Mr. Kretschmar consults on wine purchasing for restaurants, retail stores, including Costco, and private collectors and wine lovers.
Email us at: Ekrunch@gmail.com
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