314: Master Sommelier Dustin Wilson Shares The Secrets Of The Wine Industry

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 15 June 2020

⏱️ 92 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dustin Wilson is a Master Sommelier and a co-founder of Verve Wine. He was previously the Wine Director at Eleven Madison Park, a 3 Michelin-starred restaurant in New York City. Dustin was also featured in Somm, a popular documentary about the challenging Master Sommelier exam. In this conversation, we discuss the Master Sommelier process, how he built Verve Wine, the COVID-19 impact on the hospitality industry, the recent cheating scandal in the wine world, an overview of wine as an investment asset, his favorite wines, the most underrated wine region, and biodynamic wines. You can purchase wine and have it shipped to your house at https://vervewine.com/ =============================== Our second sponsor is choice, a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp =============================== Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

Transcript

Click on a timestamp to play from that location

0:00.0	And this is Anthony Pompliano.
0:02.4	Most of you know me as Pomp.
0:03.9	You're listening to the Pomp podcast.
0:05.7	Simply the best podcast out there.
0:07.8	Let's kick this thing off.
0:11.0	Dustin Wilson is a master's Somalié and a co-founder of Verve Wine.
0:15.8	He was previously the wine director at 11 Madison Park, a three Michelin-starred restaurant in New York City.
0:23.0	Dustin was also featured in Somme, a popular documentary about the challenging Master Somalié exam.
0:29.5	In this conversation, we discussed the Master Somalié process, how he built Verve wine, the COVID-19 impact on the hospitality industry, the recent cheating
0:40.3	scandal in the wine world, an overview of wine as an investment asset, his favorite wines,
0:46.8	the most underrated wine region, and biodynamic wines. I really enjoyed this conversation
0:52.6	with Dustin, and I think you guys really like this one.
0:55.6	Before we get into the episode, though, I want to quickly talk about our sponsors.
0:59.3	The first is Block 5. You know that I'm an investor and a really happy user.
1:04.2	They currently have three products. The first is you can deposit crypto and get a U.S. dollar
1:09.2	loan against your collateral. The second is you can buy and sell get a U.S. dollar loan against your collateral.
1:15.3	The second is you can buy and sell cryptocurrencies on their new crypto exchange.
1:18.5	Or the third is my favorite product and the one that I use, where you can deposit crypto or digital dollars into an interest-bearing account
1:23.0	and earn up to 8.6% APY.
1:27.0	That's right.
1:28.0	Just like your bank pays you interest on your deposits, BlockFi will pay you interest on your deposits here as well.
1:35.6	There's obviously risk, so do your own research.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Anthony Pompliano, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Anthony Pompliano and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.