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13min chapter
83: Is Art Investing Legit?
Rich Habits Podcast
Investing in Art: A New Asset Class
This chapter explores the concept of investment-grade artwork as a viable asset class, comparing it to traditional investments like index funds. It discusses market dynamics, sourcing high-value pieces, and the importance of diversification, highlighting the lower correlation of contemporary art to other assets. Furthermore, it examines the meticulous data analysis required to identify investment opportunities and the operational challenges in managing art as an investment.
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