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McNellis: Investing in Accidental Assets

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Christmas, French Bordeaux, Grand Vin de Leoville du Marquis de Las Cases Saint-Julien, Kool-Aid, New York, Malibu, Financial Times
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By John McNellis Casting about in the cluttered basement the night before our firm’s annual Christmas lunch, I happened across a couple bottles of wine, survivors from a purchase made more than 30 years ago. The wine was a French Bordeaux from the fabled harvest of 1982, more specifically, a Grand Vin de Leoville du […]

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