Excellent Choice, Sir
On a foggy evening in Paris at the end of the nineteenth century, the bourgeois narrator of Marcel Proust’s [Remembrance of Things Past] travels to an expensive restaurant to have dinner with an aristocratic friend, the Marquis de Saint-Loup. He arrives early, Saint-Loup is late and the staff, judging their client on the basis of a shabby coat and an unfamiliar name, assume that a nobody has entered their establishment. They therefore patronize him, take him to a table around which an arctic draught is blowing and are slow to offer him anything to drink or eat.But, a quarter of an hour later, the marquis arrives, identifies his friend and at a stroke transforms the narrator’s value in the eyes of the staff. The manager bows deeply before him, draws out the menu, recites the specials of the day with evocative flourishes, compliments him on his clothes and, so as to prevent him thinking that these courtesies are in any way dependent on his link to an aristocrat, occasionally gives him a surreptitious little smile that seems to indicate a wholly personal affection. When the narrator asks him for some bread the manager clicks his heels and exclaims:“Certainly, Monsieur le baron!” “I am not a baron,” I told him in a tone of mock sadness. “Oh, I beg your pardon, Monsieur le comte!” I had no time to lodge a second protest, which would no doubt have promoted me to the rank of marquis.However satisfactory the volte-face, the underlying dynamic is bleak, for the manager has not of course amended his snobbish value system in any way. He has merely rewarded someone differently within its brutal confines—and only rarely do we have the opportunity to find a Marquis de Saint-Loup or a Prince Charming who will speak on our behalf to convince the world of the nobility of our souls. More commonly, we are made to finish our dinner in the arctic draught.
I suggested that we make that “VIP” experience available to everyone who was interested in it. The Tour menu was created. It was the entire repertoire of the kitchen. Twenty to 30 courses in length, it was the “kitchen sink.”By making it available to everyone we had covered our own butts. If a table noticed a neighboring table receiving a course they did not, it was for the simple reason they elected to not order the menu that the course was on. But more importantly, we now made our “best possible” experience available to everyone.
—Keith Levenberg, July 03, 2009, 3:26 PM
Thought for the Day
“I know there are times, lots of times, more times than you may realize, where an honest, grounded, entirely GOOD wine is called for. You don’t always want to go to the opera dude; sometimes you want to go to the ballgame. If the ‘good’ wine is honorable and true, it’s like having the best seat in the house at the ballgame.
“We are at risk of squandering this capacity to enjoy that which is simple, because we seem to need to insist it is merely simple, or that simple isn’t good enough for us. Great complex wines are wonderful, enthralling, life-affirming, soul-shaking, but it’s worth asking whether they are relaxing. Good simple wines are. Good simple wines speak to our spirit of play and ease and repose, exactly because they don’t demand our attention. . . . In one case we cultivate an appreciation of the highest refinement of beauty, in the other we cultivate an appreciation of the joys of honesty, integrity, goodness, companionability.” —Terry Theise, in his 2009 German estate selections catalog.
—Keith Levenberg, June 24, 2009, 4:40 PM
Mr. Fascist Goes to Washington
—Keith Levenberg, June 07, 2009, 10:37 AM
Hype
James: “I wonder if this is a definition of Hype: that hype celebrates potential before the potential is realized, in an effort to profit from it when it is realized.”
James again: “Here’s the difference, I think, between hype and scouting. A scout looks carefully at the player himself . . . and asks whether he can succeed as a major leaguer. Hype starts on the other end. Hype starts with the question ‘Who can be a superstar?’ and attempts to project each player several levels ahead of where he is . . . not only each player but all the players, to figure out which one is going to be the big star.”
Posnanski: “I think Hype also is the product of human nature. The birthday present gift-wrapped up will more often than not be better than the gift once you open it. The recruiting class usually looks better before anyone plays a game. The excitement of what’s behind door No. 3 will make people give back the perfectly good prize they found behind door No. 2.”
Now, if you’ll excuse me, I have to go buy some 2008 Bordeaux futures and figure out which California mailing list is going to be the next Screaming Eagle.
—Keith Levenberg, June 06, 2009, 12:07 AM
What’s She Eating Now?
—Keith Levenberg, June 05, 2009, 6:04 PM
Entourage
—Keith Levenberg, May 31, 2009, 12:01 AM
Thread-Skipper #2: The Decline and Fall of the Parker Empire
You cannot hope to bribe or twist
(Thank God!) the British journalist,
But seeing what the man will do
Unbribed, there’s no occasion to.
—Keith Levenberg, May 30, 2009, 1:32 PM
Peanuts & Crackerjacks &c.

—Keith Levenberg, April 26, 2009, 4:25 PM
Asset-Bubble Autopsy
So, how far can prices go? The price per bottle of a first growth Bordeaux hardly looks expensive when one looks at the money which is spent by the well-heeled every day on their other passions. It might be cars, clothing, jewellery, travel, boxes at the opera/sporting venues etc or perhaps the slightly less edifying pleasures of Las Vegas or Macau where the cost of the Lafite, Krug or DRC is insignificant compared with what is being spent on the main entertainments. The message is clear: the demand for fine wines is growing at an accelerating pace and supplies can never increase. Prices are set to rise rapidly and who knows, this year could be remembered as the one in which fine wine prices doubled.
This equilibrium may persist for a little longer but one thing is sure—the supply of wines from investors taking profits will dry up long before consumers stop desiring the world’s best wines. Ultimately we will find ourselves in precisely the same set of circumstances which started the bull run in the first place: low levels of stock held for resale (i.e. by merchants and investors) coupled with strong global demand. As that imbalance reestablishes itself, prices will continue their climb upwards.
As one might expect, a lot of people have been asking us how a global recession would affect our market. It is our belief that although it may be at a steadier rate than we have enjoyed in the recent past, price appreciation will continue. Gains may also be a little more erratic on a month by month basis but demand would need to fall a long way before it was anywhere near being outweighed by the overall level of (rather than momentary blips up in) supply. We firmly believe that we can continue to provide investors with very respectable returns even if the worst fears of some economists prove accurate.
There are only four things certain since Social Progress began:—
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire.
—Keith Levenberg, April 04, 2009, 9:36 PM
There’s No Place Like Home
It’s fashionable among the makers of bigger, heavier pinot noirs to reject any comparison with Burgundy. We don’t make Gevrey-Chambertin, they will say. We make wines representative of the Russian River Valley, Santa Rita Hills or Santa Lucia Highlands—take your pick. This stance implies that California conditions dictate wines of extravagance and power.
—Keith Levenberg, March 12, 2009, 9:02 PM
Happy Meal
—Keith Levenberg, March 03, 2009, 9:26 PM
The Pepsi Challenge
Coca-Cola patriarch Robert Woodruff was a lifelong Democrat, while [Pepsi chief Don] Kendall was a loyal Republican who delighted in mixing with the leaders of the party. The politics of the leaders permeated the cultures of the companies. Coke was a company whose roots were in the South. Its executives were true Southern gentlemen. Pepsi was a two-fisted, self-made Republican corporation in the East.
—Keith Levenberg, February 28, 2009, 2:13 PM
Outrage du Jour
—Keith Levenberg, February 21, 2009, 1:46 PM
Into the Mystic
Joe the Peeler

—Keith Levenberg, February 14, 2009, 2:13 PM
Bleg
—Keith Levenberg, February 12, 2009, 11:43 PM
Shopping List #1: A.J. Adam
—Keith Levenberg, February 08, 2009, 3:36 PM
Nota Bene, Ctd.
—Keith Levenberg, February 05, 2009, 7:24 PM
Nota Bene
As the article from which I plucked those notes reveals, none is a wine; they describe, “respectively, a chocolate, an olive oil, and a perfume.” But the fact that each one of them could have described a wine implies that the essence of vinosity lies in some facet or facets of the wine that have nothing to do with the assorted scents and flavors catalogued in most notes.1. “layers of cedar and raspberry strike a sharp upfront note, while clove and creamy notes add body while contributing an exotic, sumptuous character that conveys luxury in its essence. Might there also be a trace of rubber, though?”
2. “aroma of underripe bananas . . . the fruitiness opens up on my tongue with a flick of bitterness that quickly fades to reveal lush, grassy tones”
3. “fruity (with a high-profile role for the deliciously garbagey, overripe smell of guava) plus floral (powdery rosy) plus green (neroli and oakmoss)”
—Keith Levenberg, February 04, 2009, 11:54 PM
Pass the Salt
—Keith Levenberg, January 28, 2009, 10:54 PM
All Your Bottles Are Belong to Us
Via Wine Disorder, an English translation and live-action version of the Japanese manga wine adventure Drops of God have been discovered!



