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Diminishing Returns

Thursday, November 24, 2005
I had a wonderful dinner at my parents' house tonight, filled with family and friends. As is any party at my parents' house, this one was filled with wonderful wine. My brother and I were drinking, of course, and my dad pulled out a bottle he'd opened earlier and said (because he's INTO wine), "This bottle cost about a hundred dollars." This was said, of course, to help us appreciate the quality of the wine.

I drank it. It was good. But I said to my brother, "This is good, but is it twice as good as a $50 bottle of wine? I don't think I'd know the difference." I am NOT a wine connoisseur, but I have had enough wine to start knowing what I like.

This led me to speculate on the diminishing returns of wine pricing. Generally speaking, spending twice as much for a good bottle of wine does not return to you a bottle of wine that is twice as good.

You can quote me on that.


Blogger Laura said...

i just dont "get" wine. My parents drink a lot of it too.. my dad is allergic to hops (a major ingredient in most beers) so its their alcoholic beverage of choice.

7:25 AM, November 26, 2005  

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