Sam Bilbro & Carol Discuss the Federal Reserve and the Market for Italian Varietals Revised

This episode is a re-release of Episode 4 of the Small Fortune podcast that was originally released in September 2023, before host Carol Collison cobbled together a “good enough” recording routine. Her audio is really bad, but Sam sounds great, and the impetus for the original interview, increases in the federal funds rate by the Federal Reserve and how that change ended a transaction that Carol had been working with Sam on as the representative of the Seller. Since growing inflation pressure may cause the Fed to increase rates again, we’re re-releasing it. You will wince when you hear Carol’s questions but hang in there: this episode is mostly very wonderful stories from a talented wine business entrepreneur, Sam Bilbro.Original episode notes: Sam Bilbro is a 4th generation winemaker and owner of the brand Idlewild which specializes in wines made from Piedmontese varieties grown in and around Northern Sonoma County. Carol and Sam talk about the business case for these niche wines, as well as his thinking behind his retail Italian wine and food shop. They also talk about the business lessons he learned from his father, Chris Bilbro, founder of Marietta Cellars.https://www.overshinewines.com/https://ciaobruto.com/Questions? Comments? smallfortunepodcast@gmail.comSponsor: Global Wine Partners https://www.globalwinebank.com/Editor: John Kiernan, The PodHouse Productionswww.thepodhouseproductions.comMusic: Nate CollisonLogo Photography: John Corcoran