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"Looking at the past 18 years, Artnet’s index of the 10 top-performing artists produced a 7 percent compound annual growth rate (or CAGR), beating the 3.7 perce
by Bostonian 7y ago
"Looking at the past 18 years, Artnet’s index of the 10 top-performing artists produced a 7 percent compound annual growth rate (or CAGR), beating the 3.7 percent for the S&P 500."
This statistic is misleading unless the top-performing artists were identified 18 years ago.