Bottles Quote by Joe Bastianich
“I think that, by comparison with $2,000 bottles of grand cru Burgundies, first-rate barolos, which sell for under $100, are undervalued ten-fold.”
About This Quote
Source Interview: Wine pricing discussion, 2022 culinary magazine
Cheap barolos are dramatically undervalued compared to expensive grand cru Burgundies, despite similar quality.
In simple terms: Barolos under $100 are ten times cheaper than $2,000 Burgundies.
Recognize and seize undervalued wine opportunities.
Themes
Mood
Type
When to use this quote
- wine auctions
- restaurant buying
- personal collections
Key Concepts
Questions to Reflect On
- Why do consumers overpay for prestige wines?
- How can buyers identify hidden value?