As classic Ferraris break records on the shores at Pebble Beach, the “poor” rich-man’s (and girl’s) best friend (fine-wine and diamonds) has tumbled to 4-year lows. On the heels of a crackdown on corruption in China, as Bloomberg notes, Fine Wine prices have plunged over 30% from July 2011 highs and the end of the “show-off” era in Xi’s new normal has sent 1 carat dimaond prices also down over 30% from their highs.