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Why Art is a Very Interesting Alternative Investment Asset
The Art Market is in massive disruption.
Art is the expression of the profoundest thoughts in the simplest way. — Albert Einstein
Is art an asset class?
Art as an asset is attractive over the long run as it is a store of value that generates positive real returns.
Art has also a low correlation with stocks and bonds which offer diversification possibilities.
Art is considered a real asset. Art is a physical, tangible asset that is globally transportable, tradeable, marketable, and can be transacted in any currency.
The art market environment right now can illustrate art value as the alternative real asset in any investment portfolio.
Art is the lie that enables us to realize the truth. — Pablo Picasso.
Picasso Portrait Brings Sotheby’s Hong Kong Evening Sales to $164.2 M.
On Wednesday, April 27, 2022 evening in Hong Kong, Sotheby’s modern and contemporary art evening sales brought in a combined $164.2 million with premium, landing within the pre-sale…
