Archived posting to the Leica Users Group, 2015/10/30
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Douglas, When I assess my portfolio of investments over the last 30 years, the category that has given me the highest return over this period on a CAGR basis is art, even at normal gallery commissions of 33% in India. Of course, it is all paper profit, as I have never sold a single work as yet, as I enjoy seeing them daily on my wall! I have now switched to buying limited edition/rare photographs from paintings, much more relatively undervalued, and therefore better bang for the buck. Cheers Jayanand On Sat, Oct 31, 2015 at 2:48 AM, Douglas Barry <imra at iol.ie> wrote: > Excellent article on that most peculiar and managed market, Jayanand. Buy > what you like and hope that Jackie Wullschlager, or someone of that ilk, > will write something nice about it, or that something dramatic happens to > the artist. Interesting to think that some relatively meaningless item can > have its cachet boosted by the taste of one influencer, or a quirk of fate. > > I have three paintings by separate artists who, I discovered later, all > represented Ireland at various Olympics - Olympic art competitions that is. > Strange, but true. One of them won a bronze medal, so having discovered > that, I'm waiting for some art historian to write about the painting > Olympics and then for some wealthy oligarch collector to get completist > urges about the artists who crouched down on the palette line to sprint to > the blank canvas. > > ;-) > > Douglas > > ----- Original Message ----- From: "Jayanand Govindaraj" < > jayanand at gmail.com> > To: "Leica Users Group" <lug at leica-users.org> > Sent: Friday, October 30, 2015 12:09 PM > Subject: [Leica] Why Is Art Expensive? > > > Interesting article: >> >> http://priceonomics.com/why-is-art-expensive/ >> >> Like everything else, you have to work within the established system >> >> Cheers >> Jayanand >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information >> >> > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information >