Art an emotional investment
Art Market | Is art a good investment? The question in itself seems legitimate at first, but, in order to answer more precisely the question asked one has to reduce art to a simple investment instrument. Art could be therefore easily comparable to other financial investment instruments such as bonds or equities based on financial analysis, its performance, rate of return, and other measures, when it really isn’t a simple investment. Art is first and foremost an « emotional » investment we think.
» Nothing great in the world has ever been accomplished without passion. »
Georg Wilhelm Friedrich Hegel
Based on this clearer definition one can relate more easily to our above quote from German philosopher Hegel whose lectures on Aesthetics are regarded by many as one of the greatest aesthetic theories to have been produced since Aristotle. Indeed, how can one 2 achieve « financial » success in building up an art collection without passion? All great collectors share a common trait, a strong passion for the art works they are attracted to. Why do these collectors see value in art works we do not see? Maybe Hegel was right when he came to defining why art was such an « emotional investment » : « The beauty of art is beauty born of the […]
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