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Serious Question for the Serious Board
Comments
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True enough about liquidity. Stipulated. But you can always sell the right art. Not quickly, but you can sell it. The idea is a unique diversification that I understand. I don't understand crypto, and it has limited history. Art has held value for eons. It was no random hobby that inspired the Nazis pilfered France of great art and tried to keep it as they retreated.Doog_de_Jour said:creepycoug said:Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?
I'm considering it.
I wouldn’t. It’s once of the most illiquid assets around.
This is not to say don’t buy art...absolutely do! But buy it because you love the piece.
If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.
Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.
Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.
Yes, all those points are good ones. You have to go through a rigorous authentication process, and you have to have someone on your side. I posted about this a couple months ago. I have a contact in Boston who knows this shit and has invested herself. Her access includes, among other big names, varied works by Chagall, which really can range in price depending on what you get. But you're going to spend a lot of $$ even for a lower-end piece. I break it down like this:
Good: the value increase has been steady and there's no reason to think that will change (he's been dead for a while now); I like his work; I can look at it and enjoy it during the investment period.
Bad: I will likely overpay, as the market for fine art is inefficient; I will have to make arrangements to really secure my house, I'll have to add a rider to my homeowners, I will have to get some kind of safe or something in my house so I can go on vacation and not worry about it and I will have to lie to my friends and say it's a fake; and, lastly, to your point, I can never use it for "need money fast" or I will take a bath.
Art is a legitimate alternative. I mean, when you stop and think about it, it is AT LEAST as rational as buying a metal brick. -
Fixed that for youBaseman said:creepycoug said:
So I'm busting my ass here for like two months trying to breathe life into you're board, and THIS is what brings you back?Baseman said:Doog_de_Jour said:creepycoug said:Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?
I'm considering it.
I wouldn’t. It’s once of the most illiquid assets around.
This is not to say don’t buy art...absolutely do! But buy it because you love the piece.
If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.
Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.
Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.
Well this NFT gem brought $130,000 and it's on the blockchain. So....
If a blockchain impressionist master isn't your speed you could have this self portrait, blockchain's own Vincent Van Go
Open your mind woman!
I now hate you as much as you hate me. 7-11, Sunday evening. You know which one. And don't be a no-show like four eyes in the Tug. I know how to drive to Tacoma.
I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?
Congrats on your free ride on my coattails. -
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I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.DerekJohnson said:
Fixed that for youBaseman said:creepycoug said:
So I'm busting my ass here for like two months trying to breathe life into you're board, and THIS is what brings you back?Baseman said:Doog_de_Jour said:creepycoug said:Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?
I'm considering it.
I wouldn’t. It’s once of the most illiquid assets around.
This is not to say don’t buy art...absolutely do! But buy it because you love the piece.
If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.
Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.
Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.
Well this NFT gem brought $130,000 and it's on the blockchain. So....
If a blockchain impressionist master isn't your speed you could have this self portrait, blockchain's own Vincent Van Go
Open your mind woman!
I now hate you as much as you hate me. 7-11, Sunday evening. You know which one. And don't be a no-show like four eyes in the Tug. I know how to drive to Tacoma.
I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?
Congrats on your free ride on my coattails.
But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.
Our Floundering Father making an ass of himself in his old neighborhood.
@Baseman -
@MikeSeavercreepycoug said:
I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.DerekJohnson said:
Fixed that for youBaseman said:creepycoug said:
So I'm busting my ass here for like two months trying to breathe life into you're board, and THIS is what brings you back?Baseman said:Doog_de_Jour said:creepycoug said:Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?
I'm considering it.
I wouldn’t. It’s once of the most illiquid assets around.
This is not to say don’t buy art...absolutely do! But buy it because you love the piece.
If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.
Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.
Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.
Well this NFT gem brought $130,000 and it's on the blockchain. So....
If a blockchain impressionist master isn't your speed you could have this self portrait, blockchain's own Vincent Van Go
Open your mind woman!
I now hate you as much as you hate me. 7-11, Sunday evening. You know which one. And don't be a no-show like four eyes in the Tug. I know how to drive to Tacoma.
I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?
Congrats on your free ride on my coattails.
But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.
Our Floundering Father making an ass of himself in his old neighborhood.
@Baseman -
@MikeSeaver doesn't care about this malarkey.GreenRiverGatorz said:
@MikeSeavercreepycoug said:
I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.DerekJohnson said:
Fixed that for youBaseman said:creepycoug said:
So I'm busting my ass here for like two months trying to breathe life into you're board, and THIS is what brings you back?Baseman said:Doog_de_Jour said:creepycoug said:Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?
I'm considering it.
I wouldn’t. It’s once of the most illiquid assets around.
This is not to say don’t buy art...absolutely do! But buy it because you love the piece.
If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.
Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.
Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.
Well this NFT gem brought $130,000 and it's on the blockchain. So....
If a blockchain impressionist master isn't your speed you could have this self portrait, blockchain's own Vincent Van Go
Open your mind woman!
I now hate you as much as you hate me. 7-11, Sunday evening. You know which one. And don't be a no-show like four eyes in the Tug. I know how to drive to Tacoma.
I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?
Congrats on your free ride on my coattails.
But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.
Our Floundering Father making an ass of himself in his old neighborhood.
@Baseman -
So quit bothering @MikeSeavercreepycoug said:
@MikeSeaver doesn't care about this malarkey.GreenRiverGatorz said:
@MikeSeavercreepycoug said:
I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.DerekJohnson said:
Fixed that for youBaseman said:creepycoug said:
So I'm busting my ass here for like two months trying to breathe life into you're board, and THIS is what brings you back?Baseman said:Doog_de_Jour said:creepycoug said:Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?
I'm considering it.
I wouldn’t. It’s once of the most illiquid assets around.
This is not to say don’t buy art...absolutely do! But buy it because you love the piece.
If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.
Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.
Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.
Well this NFT gem brought $130,000 and it's on the blockchain. So....
If a blockchain impressionist master isn't your speed you could have this self portrait, blockchain's own Vincent Van Go
Open your mind woman!
I now hate you as much as you hate me. 7-11, Sunday evening. You know which one. And don't be a no-show like four eyes in the Tug. I know how to drive to Tacoma.
I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?
Congrats on your free ride on my coattails.
But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.
Our Floundering Father making an ass of himself in his old neighborhood.
@Baseman
@RaceBannon -
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What happened to him?creepycoug said:
I've certainly been embroiled in such contests, as you well know.Doog_de_Jour said:This internet dick measuring contest bores me.
But not today. This bore walks away from his own idea and casually swings around out of nowhere (with a few days to kill, lolz), drops three third-person referenced posts on successful stock picks (a limitation of his intellectual interests that caused this board to be a mausoleum in the first place), immediately bleeds out in response to some good natured ribbing from yours truly, and then makes clear why he was here in the first place, which I guess was to name drop his new stock pick pay board ... or whatever.
And @NorthwestFresh , RIP, used to say I'm arrogant. Jimminny Christmas. -
Banned
