Pablo Picasso’s 1955 painting Women of Algiers (Version “O”) recently sold for an eye-popping $180 million.  What was Professor Graddy‘s take?

“I don’t think you should be investing in art purely for investment purposes,” said Kathryn Graddy, an economist at Brandeis University. “You’ve got to like art.”

See the Washington Post article on the sale.

 


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