While IRR reflects the time value of money, the 2023 vintage is showing early promise with the 90th percentile IRR at 24.5% after just one year. This is a significant jump from the 2022 vintage and on par with the strong returns seen in the late 2010s. #VentureCapital #IRR #2023Vintage

It’s been a month since it last hit 100F, 2 weeks since it hit 90F, and 5F below average since veraison. 2023 is our coolest year since 2011.

In my newest Tablas Creek blog I explain why this is both a worry and potentially great for the #2023vintage.

tablascreek.typepad.com/tablas/2023/...

Protos Roble 2023
Ribera del Duero, Spain

A vibrant young red with pomegranate-like fruitiness and a juicy, fresh character. Smooth tannins and a touch of oak make it easy to enjoy.

#ProtosRoble
#RiberadelDuero
#SpanishWine
#RedWine
#2023Vintage
#PomegranateNotes

Domaine des Remizières
Crozes-Hermitage 2023, France

Deep-colored and intense, this Syrah-driven red shows bold aromas of prune and fresh mint. The acidity is notably vivid, giving the wine a lively edge that balances its richness.

#CrozesHermitage
#DomaineDesRemizieres
#RhoneValley
#2023Vintage

Albert Bichot Bourgogne “Origine” Pinot Noir 2023
Burgundy, France

A slightly dry-leaning Pinot Noir with elegance and balance. Light on its feet yet flavorful, it offers a smooth, easy-drinking.

#AlbertBichot
#BourgogneOrigine
#PinotNoir
#BurgundyWine
#FrenchRedWine
#2023Vintage

The 2023 Herrenberg GG from Maximin Grünhaus is a gorgeously elegant expression of dry Ruwer Riesling.

We review this wine as well as 130 great dry German Riesling in Issue 72.

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