Alternative Investments (Not Just) For The Wealthy - Investing in Wine with Anthony Zhang

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 19 February 2021

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Looking to invest like the wealthy? Consider investing in wine. This asset class is not something you will hear on the news, but if you enjoy fine vintages, it is a short jump to become an investor.

Follow Peter Lynch's advice and invest in what you know.

Join us for this interesting episode about investing in wine.

For more information, visit the show notes at https://moneytreepodcast.com/alternative-investments-not-just-for-the-wealthy-investing-in-wine-with-anthony-zhang

^{Today's Panelists:}

^{Kirk Chisholm | Innovative Wealth}
^{Roger Nabedian | E & J Gallo Winery}
^{Megan Gorman | The Wealth Intersection}

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast. Stock market, wealth, personal finance, value stocks, invest in your life.
0:11.0	Hello, the Smart Money Tree podcast listeners. Welcome to this week's show. My name's Kirk Chisholm, and I'm going to be your host. So today, we have a special guest, and I want you all to take a step back, relax,
0:24.3	grab a glass of wine, and listen to the show. I think you're going to really enjoy that
0:28.1	glass of wine. So today, we have Anthony Zhang. How you doing today, Anthony?
0:34.0	I'm doing pretty well. Thanks for having me on, Kurt. Anthony, can you tell us a little bit about your background and kind of where you get to where you are now?
0:41.4	I spent most of my life abroad, but came to the United States for high school and college.
0:47.6	And when I was a freshman in college at USC, had the opportunity to start my own business.
0:53.2	It was a college food delivery app. Through that, I had the opportunity to start my own business. It was a college food delivery app.
0:56.0	Through that, I had the opportunity to actually pitch Mark Cuban and Mark Burnett
0:59.8	on the Shark Tank episode that they filmed when they were at our school
1:04.3	and got my first investment offer.
1:07.0	That snowballed into me actually getting an award called Teal Fellowship, which gives college
1:13.6	students $100,000 to drop out of school.
1:17.0	So I took that, had the opportunity to then run that food delivery business full-time for
1:21.9	the next few years where I was able to raise some venture funding and eventually get it acquired.
1:33.4	At first acquisition was when I started learning more about investing traditional assets as well as alternative assets and led to a fascination, then an interest and almost an obsession
1:41.1	with fine wine and fine wine investing, which is kind of how I came
1:45.7	to found my current company, Be No Best.
1:48.2	What's your fascination with Fine Wine? Where did that start? Was it because you enjoyed it?
1:53.5	Yeah, so like most people, I enjoy a nice glass of wine. It's unwind after the day,
1:59.2	but it was really, I think, an article in Bloomberg or
2:02.6	the Wall Street Journal that said, Fide Wine has outperformed the S&P 500 for the past 25 years.
	...

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