The invention provides a mixing container comprising: a liquid holding vessel having first and second chambers each for holding a different liquid; a mixing unit having a first valve and a second adjustable valve, the second adjustable valve having an opening that can be partially closed to permit a pre-determined portion of liquid from each chamber to be dispensed when pouring from the mixing container; and the second valve including a series of teeth around the periphery thereof for engaging an adjustment wheel in the mixing unit to open or close the opening in the second adjustable valve.