A wine company after Roger Scruton’s heart

‘Golden’ is often used to describe the hue of some wines in the glass. But there is another resemblance. Gold is a beautiful metal as well as a store of value. Wine, covetable for its taste, can also be a store of value, at least for many years. So it inevitably attracts the attention of investors, the best of whom want to deploy expertise partly in order to finance their drinking.

The late Roger Scruton, no less, once wrote a piece explaining how it was possible to drink Château Lafite free. You estimate your future needs and then buy twice the quantity. Within a few years, you should be able to sell half your bottles for the cost of the whole. I never asked him whether he had tried this out. But there is a firm based in London which is run on Scrutonian lines.

A chap called Philip Gearing had a successful career in the City.