| Art as Investment II: Recent Academic Research Papers Relating to Art, American Paintings, Wine, Stamps, Prints, Latin American Art, Violins Contributor(s): Lewis, Robert L. (Author) |
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ISBN: 1974262987 ISBN-13: 9781974262984 Publisher: Createspace Independent Publishing Platform OUR PRICE: $18.99 Product Type: Paperback Published: September 2017 |
| Additional Information |
| BISAC Categories: - Art | Business Aspects |
| Physical Information: 1.07" H x 8.5" W x 11" (2.68 lbs) 530 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Everyone argues whether fine art and collectibles are a suitable investment with the potential for substantial appreciation. Art consultants are making a living from this concept. In my first book "Art as Investment: An Anthology of Academic Research Papers from the Past One Hundred Years," I published a few academic research papers on the subject, leaving readers to decide for themselves. I did receive several comments with some thinking it was excellent and a few put off by the mathematics contained in modern economic research studies. In truth, you can skip the mathematics and still understand the results of the study and the reasoning behind its conclusions. Many felt that i had taken a biased approach and only published the papers I agreed with and abandoned the rest.In my new book, I have published more research papers and have also sought those research papers which were more current and contemporary. Again, I selected at random and simply looked for relevancy in the papers that I have published in my new book. The mathematics can be skipped and is simply used as an additional argument to bolster the academic researcher's conclusion. The content and conclusions are very clear in each paper even if you avoid the mathematics. I would not tamper with anyone's research finding and therefore provided no editing to the papers. They are here in their entirety. To simply quote excerpts or to eliminate parts of the paper or to substitute my own words would simply be wrong. In addition my understanding of each paper may be very different to how it appears to the reader.These academic research papers are simply tools to be used to get a better understanding of the issues and approaches. They should not be considered gospel and beyond refutation. They seemed very solid to me but then there are many ways of interpreting conclusions and results.Knowledge, in and of itself is good. This additional information as developed by career academics can only enhance one's understanding as to whether or not art should be also considered as an investment vehicle and if so, is it an asset class worthy of investment. I have spoken with many collectors and the truth is that if you buy an expensive work of art, there always exists an investment component. The very same applies in buying a residence. It may primarily as a place to live, raise kids or simply a place to hide from the world, but at all times it is also a financial investment. anyone you speak to can always give you an estimate of the home they live in. You do not have to read the whole book. You can simply glance through it and read only those papers that appeal to you. It does not matter. Even if you come away with only one good idea, it is worthwhile examining this book. |