ART AND THE MONEY GAME

Comparing our All Art Index against the S&P 500 (with dividends reinvested) from 1958 through Oct. 31, 2008, shows that stocks have beaten art for the past quarter-century but have done worse than art for the past half-century. Also worth noting, if you think of art as pure investment rather than enjoyment, is that insurance, capital gains tax and transaction costs are much higher on art.

Forbes
Dec 3 2008