Madeline: I just lovethi stuff, and it's really great to see somebody doing something really unique and potentially changing financial markets the way they work because of all those assets that are currently locked up. Jamie: You can get up, you go out there, you talk about what you're doing, and that's all you can do. Madeline: When do you think the next fund will be offered? Jamie: We're working on a lot of other products, kind of behind the scenes, but we've been thinking about doing one based on the fact that we hold a lot of critical mass in a lot of outreach behind it.
Our guest this week is Madelaine D’Angelo, Co-founder and CEO of Arthena, the first quantitative investment firm for art assets. The firm uses hundreds of thousands of data points to identify the factors (artist, year of creation, gallery displays, etc.) that are predictive of future returns. In this wide-ranging conversation, Jim, Jamie, and Madelaine discuss:
- Value & Momentum factors in the art market.
- Arthena’s models.
- The problems with repeat sales data.
- Portfolio construction and exit strategy.
- The nuances of investing in art assets.
- Biggest misconceptions about art investing.
For more information, check out https://arthena.com/ .