Why Art Is a Sensible Investment — Just Not for You

Investing in the “art market” is essentially throwing your money into an unregulated market. It’s extremely risky and should not be undertaken by anyone without bottomless capital and a superior knowledge of the industry. It’s been compared to other luxury “alternative investments” like gold or even real estate (…). But buying the kind of art that might make you money is more in the realm of buying a sports team (…). The fan-owned Green Bay Packers notwithstanding, neither sports teams nor major art purchases are investments that should be undertaken by the layman, but they are still investments that can pay off when done right — and that’s a distinction that should probably be made more clearly more often. (Artinfo).

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