noob question, I wonder the reasons people are spending 100m+ on paintings. is it possible that buying art is actually a great way of storing wealth? Like buyi

noob question, I wonder the reasons people are spending 100m+ on paintings. is it possible that buying art is actually a great way of storing wealth? Like buying real estate but less flashy, easier to store, and easier to transport. I assume there aren't too many ways you can safely store 400m cash?