When two paintings change hands for $500 million, it's fair to ask why some of the world's most successful investors put that kind of money into art, and whether everyday investors should follow. Fractional ownership and online platforms are opening a market once reserved for the wealthy, but greater access doesn't make art a simple investment. In this week's Markets in a Minute, Ryan Chang, Investment Analyst, weighs art's potential diversification benefits against its very real risks, from limited liquidity and high costs to the challenge of valuing a one of a kind asset. |
Beyond the Frame: Art as an Investment?
