I would never suggest buying art as an investment. No one should buy something as an investment unless they understand what drives its price, and very few of t

I would never suggest buying art as an investment. No one should buy something as an investment unless they understand what drives its price, and very few of the people who buy contemporary art understand what drives prices. Years ago I knew someone who made a living as an art advisor, telling rich people what contemporary art to buy. She was one of the top handful of people in this business. I once asked her why she didn't just use her knowledge to invest in art on her own account. She said it was way too risky. If she wouldn't do it, no layperson should. It's better just to buy stuff you like, without thinking about whether it will get more valuable. It will make your choices more honest too.