Art as a Financial Investment
Art as a Financial Investment is a scholarly work, published in 2008. The main subjects of the publication include finance, financial economics, alternative investment, portfolio, neuroesthetics, transaction cost, foreign portfolio investment, investment style, equity, diversification, asset allocation, economics, business, and modern portfolio theory. The article examines return patterns that an art investment portfolio would have generated, taking a more conservative approach to examining the financial gains that artworks have exhibited historically.