i came here because bordeaux is getting more and more popular in china. i want to offer this line to the whole world, but especially to the chinese. >> the chinese market spends around 600 million euros a year on the order 1, and that has increased since their compatriots started investing -- on bordeaux wine, and that has increased since their compatriots started investing. in burgundy, it is a different story. china is not a great export destination. there's a strong sense of tradition, and the french prefer to keep production in their own hands, but now that a vineyard has been sold to a chinese investor, they are wary. >> the chinese are increasingly interested in our burgundy wine. many come here. most are wine connoisseur is more less. >> the problem in burgundy is that the wine-growing area is relatively small. there are far fewer states than in bordeaux, and chinese investors are driving up the prices of land and houses. >> if there's anything up for sale here, we would prefer to get together and buy it. the chinese just want to show off. they are

so first growth bordeaux, some california cults, some of the big names from certain regions like burgundyor barolo, those are the things that you should focus on. > returns of about 12 to 14% from what i've been reading. is that accurate? > > it can be. it is really a guessing- > it's annual, too. > > it is really a guessing game. because if you told me in 2000, with first growth bordeaux, we saw them coming out at $300, $400 a bottle, and we were like, "oh, that's crazy. " then we get to 2005 and now we're at $500, $600 a bottle upon release, and we're like, "oh, that's nuts, it's never going to go more than that." and now here we are in 2009, and we are seeing prices come out at $1,000 a bottle. so, it is hard to predict, because each time you see that, the reaction is, "there's no way it can go any higher," but the reality is, it probably will. > > how little can you get into it? realistically. > realistically, you really have to- if you are really going to look at it as a true investment, you really have to go in and start being very careful and buying some more high-end things. we ar

it doesn't work that great together but it doesn't matter i would love a bottle of bordeaux. i know it would be good. >> actually, when i asked marcus about the food he said "food doesn't matter." remember? >> it's such a big question, actually. so i think you would have so many other things to think about and for me what i draw from my swedish side, what i draw from the ethiopian side of me and i think salmon, lox, and then a good bottle of wine. >> rose: when you look at where food is going, is it headed any particular way? we all know every chef says it's about how good the ingredients you have. from alice waters forward. >> cooking is a simple equation no matter if it's fine dining at our level, casual dining or even fast food. it's about product and execution. you need to have that quality product. and you need to have people will execute it. so it's trying to bring those two together, that strong team that has a common vision, a common goal and building relationships with the suppliers. that's so, so important. make sure you have relationships and you're supporting the

i know everyone talks about how the bordeaux is the favorite. that is not mine.vorite is the milk chocolate covered caramel. i would leave 50,000 of them if they were put in front of me. the unit hurdle is, of course, warren buffett's favorite. >> the product just felt like hot cakes in those locations. they will do very well with stores in. liz: job creation, is it in meaningful numbers? >> you know, in every shop, we will hire 20 people or so to run the shop. we will expand the deployment, obviously, during the holidays. it all adds up over time. this year, at christmas, we are employing over 7000 people in our business. we do our part. liz: yours, worn buffet, turns into within 1.6 billion into profits. he and charlie munger: yeah, they charged the floor,,but they sit there for four hours snapping off pieces of peanut brittle and shoving it in their mouth. >> it is our job to run the business the way we can get the most out of it and continue to service the customers with this great candy. the pressure, it may come -- the boss eats a fair amount of candy. liz:

in bordeaux castro had been brought into mexico -- one thing important is that at the moment and thinkthis case, and this time, 2004, 2005, walmart had been hitting kind of a plateau in the u.s., having a difficult time achieving the kind of unbelievable growth it had seen in decades prior. it pointed an awful lot -- when it would talk to wall street, there frequently pointed to mexico as this is an example of where our future lies in growth in foreign markets. mexico was walmart's first foreign market. today there in 27 foreign markets, including brazil, india, china, and a number of other countries around the world. they focused in terms of their growth strategy -- >> we have 10 seconds. >> that focused mainly on growth in foreign markets. some mexico was central to walmart's story about its own growth. >> david barstow, we will do part 2 and play it on democracynow.org. [captioning made possible by democracy now!]

let's hit money and money amelia bordeaux.ood to see you. >> good to see you. >> sees like everybody and their brother is going short japanese yen. what is your take? >> the market is quite short, as you said. yen, so, there is a risk to being long dollar yen at this phase. but i don't want to fight this momentum. it's so strong. a couple of days ago, the bank of japan released november policy meeting minutes which they came around, said, they need to ease more to impact the yen. overnight, the new prime minister, abe, said he was going to put a plan together, including currency intervention to specifically weaken the yen. i'm waiting for a bit of a pull back. we're trading at 86 the figure right now in dollar yen. i still want to be long dollar yen. i want to enter at $85.60 area, $85.50 area, a little bit of a pull back. i target $87.50 on the upside and input a stop down at $84.70 area, which has resistance there. >> what's your feeling about hitting $90 by the time the boj meeting in a couple of weeks? >> i would be a very

with more, let's bring in emilia bordeaux.hen you hear stimulus and further easing, you think of a weakened currency. what do you do here? >> that's true. well, not only did the ldp party win the election, they won what's called a super majority. that means they can really set a legislative agenda in the lower house going forward and the market didn't necessarily expect that. so, it is pretty dubbish for the currency. so, i would like to actually go long on dollar yen. i know this is a crowded trade, but i think a lot of people still like it. i think we can have another run higher, you know, into the end of the year and the start of next year. so, i'm waiting for 45 pull-back, about, to $83.40, where it entered the trade. i'm looking for a run up to $86 as a figure and put a stop-down at $82.50. >> amelia bordeau, thank you. here's one way to play the housing recovery. shares of tronox, a maker of tie tame one oxide, could double in the next year. this name has been on our radar, actually, tim's radar, for some time now. >> su

your mind is mush. >> it vaulted to new peaks, but the burgundies could not make up for the bordeaux>> uh-oh -- you did it. >> it's interesting now that we have the new teleprompter which i don't know that the viewers know, the words wrap in strange ways. for those of us -- >> they do. >> i had a tough time reading aloud in school. that was when the words didn't move. >> as a child you had a tough time reading out loud? >> nice to concern -- >> hey, did you get anything that you're not going to take back from your wife this -- this year for christmas? >> for christmas? >> you know how you said -- >> right. >> you have to take -- >> right. >> instigating? >> i don't know what we got. >>> in global news, the obama administration is formally proposing a controversial sale of advanced spy drones to south korea. they've requested a possible $1.2 billion purchase of four northrup grumnot rq4 global hawk remotely piloted aircraft with enhanced surveillance capabilities. >> cool. >> that's what i asked for. didn't even get one. they want four. >>> and egypt has banned traveler from carrying

spectrum, not just in the champagne category, but in the high end spirits, in moderately priced good bordeaux wine from '09. so it's not just been, obviously, we're going to sell a lot of champagne in the last week getting ready for the holid holidays, but it's not just champagne. in the spirits category, notably at the higher end, higher in spirits like johnny walker blue have done immensely well. it's given us reason, i think, to be cautiously optimistic, still, going into the new year given that november and december have trended so strong for us. >>el with, chris, you know, it's interesting, maybe people, the money they once spent at the shopping mall now taking it to your stores and buying champagne and wine. i wonder when we talk about demand who your customer base is. are we talking about wall street, kind of on the tri state area or do you guys ship all over the world? >> oh, no. we ship nationally and internationally. we see strength -- obviously, the demand in the far east has diminish idea a little bit. brazil has been a very strong market for us. obviously, across america. we're f

>>miriam: the granite we're going with is a fairly animated stone called crema bordeaux, and we workedmark to come up with a layout that would reflect the movement that's going on in the backsplashes along with what's happening in the countertops. so keep an eye out for that as the guys install our pieces. >>dan: we have the countertop fabricators back or as they like to be known as "the above average stone fabricators". so the biggest challenge for these guys are the measuring for these outlets. >>usually i like to start with the piece that has the most notches in it and usually they're cut to size. that one is. once we get on site so we can just kinda set it in and then go from there. >>dan: these slabs showed up but there's no holes in them. so they have to carefully measure their outlets, height, width double check the pieces to make sure they transfer the holes to their pieces before they put they put them in. >>: marking the outlets, we generally take measurements and then go outside and mark the piece both on the front side and the backside because we'll have to cut it from the

he was in a bordeaux cafe when he wanted to try out a new brush. didn't have water but he had a little wine left in his glass. he dipped his brush in dabbled a little on the tablecloth and was surprised by the result.he's the only painter that gets to like the paint and gets to drink it. like red wine philippe's painting change over time.air keeps oxidizing the wine and it keeps kind of fading away turning like the wine would go from young very deep purple to almost ochre in color.a philippe original may last only ten years.but just as art often imitates life, philippe's work reflects the true nature of the wine painted on his canvases. stay with us, there's more still to come in wine country. up next, crafting wine country art on a potter's wheel. if you're looking for art in wine country, head to the napa valley town of calistoga.there in a small working studio you'll find a husband and wife team getting their hands dirty. their homegrown pottery is used in restaurants and homes all over wine country. occasionally a piece of art leaves here disgu