bertil

The Contemporary Art Bubble and Money Managers

Since the article is about contemporary art, perhaps we could leave out baseball cards and rare books? Prices go up and down in all art, just as with gold, stocks etc. but I haven't heard of any fire sale of Jackson Pollock, DeKooning, Warhol or Jeff Koons. Like some (equally) famous banks, car or mining companies for example. The less famous - well, compare it to penny stocks. In the meantime, you can always enjoy the art ...