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Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commod
Art Is Sometimes in the Eye of the Accountant
May 27 2021, 10:17 AM
May 27 2021, 4:30 AM
May 27 2021, 10:17 AM
(Bloomberg Opinion) Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commodities are subject to supply and demand curves. Art is altogether more nebulous. In a realm where beauty is purely in the eye of the beholder, specialists have the advantage. Thatâs one reason why most investors probably arenât delighted to learn that their sm.
(Bloomberg Opinion) Art as investment is a tricky business. Stocks and bonds have cash flows that can be projected and discounted to arrive at a theoretical value. Even commodities are subject to supply and demand curves. Art is altogether more nebulous. In a realm where beauty is purely in the eye of the beholder, specialists have the advantage. Thatâs one reason why most investors probably arenât delighted to learn t