Present Value Podcast

Cheryl Stanley discusses the basics of wine tasting and ongoing trends in the wine industry. Specifically, Stanley defines the fundamental vocabulary used in describing wine, how to read a wine label, and how to start building a wine collection. She also details how restaurants construct wine lists and the nuances behind wine pricing, debunking the myth that the most expensive wines are not always the best. Stanley elaborates on trends shaping the beverage industry right now including the impact of cannabis on wine consumption and what the future holds for Pernod Ricard. And because the best way to learn about wine is to drink it, Stanley hosts a tasting and shares how to drink wine, starting with how to properly open a bottle (including a screwtop!) and finishing with the right way to sniff, slurp, and spit or swallow.  Cheryl Stanley is a lecturer in Cornell’s School of Hotel Administration. She teaches courses in beverage management, including the very popular introduction to wines course which hundreds