 | Andy Snyder
Founder |
It's been an odd year... but a heck of a profitable one for traders. We hope you're able to take the gains you've made and splurge a bit. It's that idea that leads us to a bit of an annual tradition... a good, high-quality bottle of wine. We muse about the topic each year around this time. After all, a good glass of malbec is an ideal way to celebrate the season and loosen our mind as we look back on the year that's been. So in a nod to the holiday season that's just begun, here is Manward's primer on everything you need to know about wine. Red vs. WhiteNo discussion of wine should start with anything but a look at all the different varieties... We'd certainly need more room to cover them all. But know this... Merlot, pinot noir and cabernet sauvignon are simply types of red grapes. And chardonnay, riesling and sauvignon blanc are types of white grapes. There's nothing all that different in the winemaking process between species of grapes - although red grapes are typically fermented with their skins intact. The different tastes and textures simply come from differences in plant chemistry. Red wines are typically softer and richer than whites. That's important because reds should be served just below room temperature - at about 65 degrees. This dulls the often sharp flavor of red wines' rich tannins (which taste like tea or dark chocolate) and emphasizes their fruitiness. In other words, slightly chilled red wine burns less. White wines, on the other hand, are much more fruity and floral. They are typically served at 55 degrees to help bring out their rich aroma and emphasize their acidity. A chilled white wine tastes better and feels a bit crisper in the mouth. Our advice is to find a grape you like (we're still looking for one we don't like) and stick to it. Try different brands until you find a favorite. The go-to grape in the Manward house... is malbec. Mmmmm... [Has this former CBOE trader lost his mind?? An 83% win rate and a guarantee he beats that! Watch this immediately.] We once spent nearly two weeks touring the wineries and vineyards of the malbec capital of the world - Argentina's famed Mendoza region. Wines from the high-altitude foothills of the Andes are unique. They're very flavorful and have a texture unlike any other wine. Your Bottle, SirWe must also cover what is perhaps the most intimidating part of wine-drinking. We've all been there. We order a bottle of wine for the table, and the waiter leans over and pours us a small sample glass. The whole table is watching, waiting to see if we say something that proves we're a true wine snob. Will we swirl it in our glass just right? Will we sniff it first? Will we choke on a sip of pure vinegar and send it pouring through our nose? Don't sweat this intimidating process. It should be painless. Our job isn't to grade the wine or to give the table a review of its texture, aroma and "legginess." No, our job is to make sure the hooch ain't spoiled. Give it a taste, make sure it's fit for your glass and not your salad and dutifully give the waiter your snobbiest of nods. It's rare these days, but sometimes a bottle will suffer from what can only be described as "mustiness." It will smell like an old log cabin... or maybe a wet dog (a French poodle, of course). You don't want that. The smell comes from a compound called trichloroanisole (or just TCA), a tiny amount of which sometimes finds its way onto a bottle's cork. That's why, when wine is suffering from the ailment, it's often said to be "corked." Again, if you're testing a glass at the tableside and it smells musty, turn it down. The bottle is bad. Feel free to shake your head in disgust. The table will be convinced you're the ultimate wine connoisseur. But the truth is, wine is quite simple. Simply have fun with a bottle (that's the point of it!). Try different grapes and regional varieties. And splurge a bit on something fancy. Just be sure to raise a glass to Manward. Be well, Andy P.S. What's your go-to wine? Let us know at mailbag@manwardpress.com. Want more content like this? | | | |
Andy Snyder | FounderAndy Snyder is the founder of Manward Press, the nation's premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. He's been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Senate hearing rooms. | | |
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