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comment by thenewgreen
thenewgreen  ·  4337 days ago  ·  link  ·    ·  parent  ·  post: Edge and the Art Collector

kleinbl00, I recall that a while back you and some friends had put together a plan to capitalize on the speculative nature of the modern art world. Am I right? If so, how did it go?

Also, a very interesting read Owl.





kleinbl00  ·  4337 days ago  ·  link  ·  

If I had I completely forgot. I run the other way - if there's no intrinsic value things are much too easy to manipulate through stampeding. The stock market is played by millions and still a few power brokers can splash things however they want. the art world? Forget it. You can't even look up a P/E ratio for art.

thenewgreen  ·  4337 days ago  ·  link  ·  

I think I confused the conversation with another. Anyways, I've continued my collection of artwork from local artists and it's very gratifying. I try to get a new piece for our home ever month or so. It makes such a big difference.