Exactly. Also you can buy emerging artist for way less than $1MM... think $5-10k. They appreciate as well.
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And if you're Jay-Z, you're always right: if you're putting your name behind the artist, their prices WILL rise. That's not transferable.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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That much is just as true of any other asset class.
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Not really. Some assets are productive (rental property, a business that actually sells shit), others are not (gold bars, paintings)
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