Posted October 4, 2019 at 11:44 am
Profiting with the art world’s most mysterious figure… You don’t have to be a secretive British street artist to make coin through art. And, contrary to what many people think, you don’t need millions of dollars either. Nor do you need to have any previous experience in collecting art, a degree in art history, or […]
Posted November 19, 2018 at 9:08 pm
The contemporary art market is going nuts. This painting by David Hockney just sold for $90.3 million — which is really over $100 million when you include the hefty buyer’s premium which added another $11 million or so. This was the highest price ever paid for a painting by a living artist. [As reported by […]
Posted March 5, 2018 at 6:49 pm
During my lifetime there have been two big mass, collecting manias. One was the surge of interest in baseball card collecting which is well chronicled in Dave Jamieson’s Mint Condition: How Baseball Cards Became an American Obsession. Small pieces of cardboard were traded like stocks. While the boom has long since passed there are still rare baseball cards […]
Posted October 21, 2017 at 5:48 am
Arbitrage is basically a process of buying an asset in one market and simultaneously selling it in another market at a higher price. When done right, you end up pocketing a risk-free return. And, although the “simultaneously” part doesn’t really apply to what I’m about to share, the “selling it in another market at a […]
