So, my buddy, Avi Davidowitz of Kosher Wine Unfiltered, and I have been harping on the absurd price of wines in the kosher wine world. I do it yearly, in my year in reviews. I have also done it, in a positive light, in my QPR (Quality to Price Ratio) wine posts. Avi does it on every score by baking the QPR score into the qualitative score itself, but by also calling out whether he would buy the wine again or not.
However, over the past couple of months, I have personally spent an absurd amount of money to taste wines and they were all a waste of my money. Now, while that is my own personal cross to bear, it is getting out of control. Kosher wine prices continue to rise and the values continue to plummet. I literally, screamed about this in my year in review.
However, until this point, all I have been doing is preaching this subject, and extolling the good, in regards to the QPR score. It has come time to make clear what is a logical buy and what is illogical.
Quality to Price Ratio Valuation
Now, to be clear, just because a wine is 150 dollars it does not make it a good wine, and that is clear by the wine’s score, and score alone, whose methodology I define here. I am NOT going to change my wine scores, those are qualitative in nature and need no new tweaking. If a distributor or winery, or BOTH, wants to price a GREAT wine at 200 dollars that is their prerogative.
Value is defined in the dictionary to mean: the regard that something is held to deserve; the importance, worth, or usefulness of something. Far too many people hold something in high regard based upon its price or its label or other such characteristics. That is not an objective or even a logically subjective approach or methodology for defining value or regard for an item’s worth, in the world of wine.
Initially, there have been many drafts of this post and methodology, the focus was on price, and even I fell into that mistake. In the end, value, as it is defined below works for any price point.
So, stated simply, the QPR score is based SOLELY on the wine’s qualitative score and its price in comparison to other wines with equal or greater quality scores, within the same wine category. Simple.
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