The challenges of investing in art with art world editor Jane Morris #118

“Buying art is a little bit like buying property in Knightsbridge…if you buy a blue-chip artist who’s dead and sit on it long enough then you probably will make money, but that means you need to be able to afford to sit on it for something like 30 or 40 years.“Art is a very difficult asset class generally, it’s felt that if you have a wide portfolio then art is something interesting to put your money into, but you certainly wouldn’t do it as your primary source of investment. It’s also ...