Comments on Art As An Asset Class - New Investment ResearchTypePad2010-04-29T18:02:53ZMAO - Modern Art Obsessionhttps://modernartobsession.blogs.com/modern_art_obsession/tag:typepad.com,2003:https://modernartobsession.blogs.com/modern_art_obsession/2010/04/art-as-an-asset-class-investment-research/comments/atom.xml/Cianellistudios.wordpress.com commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e20133f4e5d0b1970b2010-10-07T02:27:55Z2013-12-11T02:52:24ZCianellistudios.wordpress.comhttp://profile.typepad.com/cianellistudioswordpresscomNice post. I am an abstract artist and I create art because of the connection I experience creating it. I...<p>Nice post. I am an abstract artist and I create art because of the connection I experience creating it. I hope to sell it to someone for the same reason, the connection they create experiencing it. </p>SmartBrains commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e201348527ee31970c2010-07-02T11:23:16Z2010-07-02T11:23:16ZSmartBrainsI think the only exception I've seen is a study of a mutual fund that invested in blue chip art...<p> I think the only exception I've seen is a study of a mutual fund that invested in blue chip art over some period of time. In that case, there was a modest appreciation, but nothing to write home about. We find it interesting that the buyers are shifting towards the Asian consumer, something like 4 out of the top 10 lots this past sale at Sotheby's was purchased by an Asian buyer.<br />
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</p>Author commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e20133edd478bf970b2010-05-18T01:46:08Z2010-05-18T01:46:08ZAuthorhttp://www.adiscourseontheartsandsciences.netWell yes.... the Asian market has started to become the preferred one to sell to. That is why clothing designers...<p>Well yes.... the Asian market has started to become the preferred one to sell to. That is why clothing designers have also shifted their focus to that market as well. They are willing to spend the most money.</p>
<p>It's like the Japanese back in the day.</p>Jing Daily commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e20133ed79db06970b2010-05-11T16:52:27Z2010-05-11T16:52:27ZJing Dailyhttp://www.jingdaily.com/I think point 3 is particularly interesting. The question of why auction results continue to beat records while the economy...<p>I think point 3 is particularly interesting. The question of why auction results continue to beat records while the economy is down can be answered by looking at the unique market restrictions. Buyers have begun to tend away from risky purchases and newer artists, thus the limited quantity of masterpieces causes the prices to skyrocket. </p>
<p>We find it interesting that the buyers are shifting towards the Asian consumer, something like 4 out of the top 10 lots this past sale at Sotheby's was purchased by an Asian buyer. </p>Fabio Rojas commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e20134808cef3e970c2010-05-06T20:09:23Z2013-10-01T04:09:11ZFabio Rojashttp://profile.typepad.com/fabiorojasChris is correct: Almost all studies of art have shown that most art works drop to zero in value. I...<p>Chris is correct: Almost all studies of art have shown that most art works drop to zero in value. I think the only exception I've seen is a study of a mutual fund that invested in blue chip art over some period of time. In that case, there was a modest appreciation, but nothing to write home about.</p>
<p>This suggests to me that only the very strongest art appreciates in value and that you can only acquire such a collection if you are deeply involved in the market and work with dealers/artists who are at the center of the market. Otherwise, you are very likely to buy into the 99.999% that will quickly be forgotten.</p>
<p>In other words, buy art because you love it. If you want an investment, get a mutual fund.</p>Chris Rywalt commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e20134804c3219970c2010-05-01T20:24:13Z2010-05-01T20:24:13ZChris Rywalthttp://www.crywalt.com/I highly recommend The $12 Million Stuffed Shark by Don Thompson. Thompson is an economist, not involved in the art...<p>I highly recommend The $12 Million Stuffed Shark by Don Thompson. Thompson is an economist, not involved in the art market at all, but at least he tried to find out what art was all about from the people involved. He cites data showing that, despite a small number of high profile big winners, art is an extremely poor investment.</p>
<p>It's an interesting book otherwise, too.</p>rug commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e201348046e3f1970c2010-04-30T21:10:28Z2010-04-30T21:10:28Zrughttp://www.rugstorene.co.uk/Fantastic post.I feel enlightened.Thank you<p>Fantastic post.I feel enlightened.Thank you</p>Allen Mass commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e2013480439d05970c2010-04-30T08:39:07Z2010-04-30T08:39:07ZAllen Masshttp://www.coolpennystocks.com/Good researching of investment. Thanks for benefit.<p>Good researching of investment. Thanks for benefit.</p>Mathew Bracken commented on 'Art As An Asset Class - New Investment Research'tag:typepad.com,2003:6a00d83451694c69e2013480439170970c2010-04-30T08:24:36Z2010-04-30T08:24:36ZMathew Brackenhttp://www.hototc.com/Really fantastic post. Keep posting the good one.<p>Really fantastic post. Keep posting the good one.</p>