Professional Documents
Culture Documents
van Gogh. Fine art rewards have been grossly overstated, while the risk has been
grossly understated. Based on the most comprehensive auction record, Blouin Art Sales
Index estimates that the actual annual return on art as an asset class was closer to
6.5%, rather than the index's 10%. The presence of an art fund in someone's portfolio
does not raise the likelihood of the portfolio outperforming. There are various reasons
for selection bias in art. Paintings that are in high demand are more likely to be
auctioned and sell for higher prices. Art investments would not significantly improve a
standard asset portfolio's risk/return profile, such as stocks. In simply, if thou enjoy
buying paintings, thou can hope that one or more of them will be sold for a profit later
on, for paintings are primarily aesthetic investments rather than financial ones.
1. Everyone should exercise at least once a day.
False. Because of the phrase "everyone," Many people should not exercise daily, while
others may be incapable or restricted from doing so.