The fine art of fine art investments
April 15th, 2009
In recent years, fine art has increasingly been viewed as a wise alternative investment and as a means to better achieve diversification. The low correlation of fine art to more traditional markets and a reasonable risk to reward ratio makes it an attractive investment for some. But amateur investors should proceed with caution because the illiquidity of art and the irrationality in the art market makes it difficult to benchmark against more conventional investments...