It’s misleading seeing reports
comparing earnings possible from holding various forms of art,
compared to what you get from stocks and bonds.
For three reasons:
One, the investments are not comparable. It’s like comparing proverbial apples and oranges because it’s hard to measure true art prices.
Secondly, there is a big margin between the price you buy at, and the one for selling. This makes an even sharper difference in values with shorter term transactions.
And three, there is little liquidity with art. You will not always be able to sell what you have when you need the funds. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
For three reasons:
One, the investments are not comparable. It’s like comparing proverbial apples and oranges because it’s hard to measure true art prices.
Secondly, there is a big margin between the price you buy at, and the one for selling. This makes an even sharper difference in values with shorter term transactions.
And three, there is little liquidity with art. You will not always be able to sell what you have when you need the funds. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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