Thursday, August 30, 2007

Bill Koch speaks

This is nice quick summary of recent events in the Koch situation and there are many links on the bottom of the article for older pieces on the fake wine situation. This guy is a bulldog. I love it! The Ralph Nader of fake wine!

2 comments:

  1. Have you heard the story about him from the WS piece?

    He was serving some high end white burg at a party and some bimbo put it on ice.

    He grabbed the glass and tossed it.

    Classic. Nice to have enough cash that you don't care what anyone thinks/

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  2. The New Yorker article is pretty great, and sure doesn't put Broadbent, and to a lesser extent Parker, in a good light. Parker raves about a mag of '21 Petrus from HR. Petrus' cellarmaster says they didn't bottle any.

    But Koch is amassing vast collections of wine that he doesn't plan to drink, just to be able to say he has, for instance, 150 vintages of Lafite. This is the true psycho endgame of the "collector" mentality and must be resisted, or at least mocked and robbed of its Veblenian value. Wine is for drinking.

    Now, I wonder if he'll start in all the big auction houses that don't inquire too closely as to what they turn, and then we might really benefit. I was never at risk of 18th century claret, but I buy some from the 20th century, and I bet that more and more of it offered to me is fake.

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