The $558,000 Question
Why Your Portfolio Might Need a Drink
On a crisp October afternoon in 2018, the auction block at Sotheby’s in New York became the center of the financial universe, at least for a few minutes. The object for sale was not a Basquiat painting or a rare diamond. It was a bottle of fermented grape juice. Specifically, a 1945 Romanée-Conti. When the gavel finally fell, the price stood at $558,000…
