Gustavo Ballvé on June 14th, 2012
Food for thought, Home, Investment Themes, Mental models, Portfolio Management, Risk management

We’ve talked about the art market in light of incentives, insiders, asymmetry of information and price formation – in an Oct ’11 post called “Invaluable art and analysis“. In a late May article called “How the art market thrives on inequality“, the NY Times writer goes in pretty much the same direction and highlights why the “art fund” attempts have had, so far, less than stellar results. It’s a great read up to the last paragraph, which is the writer’s opinion of the “right” motivation behind creating art.

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