[Bill]

No, that’s wild speculation, not investing.
Also, the art world is absolutely rigged.

You can’t just buy a famous painting from a gallery by bidding the highest.

The visibility of where the art goes has a lot of influence on what their next price will sell for.

[Rick]

No. My rationale is simply that nearly all of these crowd sourced specialty alt product offerings struggle eventually and worse their ownership structure of the underlying assets has often been exposed as not friendly to individual investors.

You may feel or even have been led to believe that you own a small share of the actual asset but later learn, sadly when the fund unwinds sometimes via lawsuits, that what you own is a small share of a legal entity that owns a share of another entity that owns the actual asset.

And guess how much your claim is of the actual asset…..zip.

[David]

No, as it’s a horrible investment and a very niche thing. On top of that, I like my investments to be able to be liquidated easily.

Now if you are FatFIRE and want to spend $100K+ on art for the house Im all for it.

Keep investing simple don’t overthink it chasing returns.

[Jin]

I wouldn’t trust it. A few trusted finance youtube channels have done in depth analysis on them and show how the performance is artificially inflated.

But to each their own.

[Damon]

Why?
I purchase original art pieces I like, but I don’t think the next guy knows who the next Picasso is going to be anymore than I do.

Plus the owners of these art syndications seem just as bad as the real estate syndicators.

If art has a place in a portfolio it’s after a lot of other asset classes and still remember that it is extremely speculative.

[Jeanna]

My parents did to a small extent. The artist oversold and the pieces they bought were sold for less than the purchase price at the estate sale.

You may believe in an artist, but you have no control over what that person will do, or how others will value the art over time.

[Author]

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