As a fellow shareholder I wish you nothing but success as well.
I don't invest on margin, so volatility doesn't bother me. As long as the wine is stored properly, away from sunlight etc (which I'm sure it is), I am comfortable paying <$12 for TWE.
China is important for point 2, but not point 1.
I actually think TWE will perform like LVMH's wine & spirits business. I am going to hold TWE for 10 years and let it compound and compound...and compound.
It will compound OK without any revenue from China (because I believe I am paying nothing for it, and only net assets on the balance sheet). It will compound extraordinarily with China.
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