Forget the bonds and get a glass – red wine is a winner in 20th century

By Guy Faulconbridge LONDON (Reuters) – Forget government bonds, fine art and even stamps: Red wine outperformed them all over the 20th century. At least that is what research by a team of academics from the University of Cambridge, HEC Paris and Vanderbilt University, Nashville, Tennessee, shows. The Warren Buffetts of the fine wine world could have earned annualized real returns of 4.1 percent …

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