Big Beat: Why is some art a better investment than stocks?

"It’s a slippery thing to compare the art of specific artists to the stock market as a whole, as one measure is individual and the other is aggregation. Ottawa collector Glenn McInnes notes, 'I suspect there are some individual stocks such as Microsoft and Google that have performed equally for the original purchasers to those of the Hirsts and Warhols, and I suspect very strongly that all stocks have outperformed all art produced in the last century.'

True enough, but it’s also true that by times investors (or perhaps just extraordinarily lucky art lovers) have earned far greater returns by buying art than a stock-market index would have gained in that same period."  [Read Full Article]

Published by:  Ottawa Citizen
On:  01/02/12
Website:  http://www.ottawacitizen.com

Looking for original art?  Visit Artistically Connected today!