Professor Kathryn Graddy was quoted in the Wall Street Journal on the risks and rewards of art as an investment.    Graddy points out that one important difference between investing in art and stocks, is that “one would expect to earn dividends from equities… Art pays dividends in the form of enjoyment and social capital. Hence, the monetary returns to art should be less than other forms of investible assets.” The full article can be found here.


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