How to bet on art and other baubles
There’s an app for that
IMAGINE OWNING a Claude Monet, a 1977 Lotus Esprit, or a thoroughbred racehorse. Some retail investors have got their kicks during the pandemic taking a punt on call options (see article). But others prefer a slice of the high life. With a tap on an app—and often for less than the price of a bottle of champagne—they can fill their boots with expensive baubles.
This article appeared in the Finance & economics section of the print edition under the headline “Money in the Banksy”
Finance & economics September 12th 2020
- Beware the power of retail investors
- How to bet on art and other baubles
- How has trade survived covid-19?
- Ports are highly exposed to climate change and often ill-prepared
- What can be learnt from Chinese futures trading?
- How to launder ill-gotten gains
- Why are European banks merging?
- Which is the best market model?
From the September 12th 2020 edition
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The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer