Archived posting to the Leica Users Group, 2015/10/30
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]The book "$12 million stuffed shark" describes this world pretty well. On Fri, Oct 30, 2015 at 7:54 PM, Jayanand Govindaraj <jayanand at gmail.com> wrote: > 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 > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > -- // richard <http://www.richardmanphoto.com> // http://facebook.com/richardmanphoto // https://instagram.com/richardmanphoto