Last year, artist Cy Twombly’s “Untitled, 1970” fetched just short of $70 million at Christie’s New York auction, and so many were left scratching their heads. What? How? Why? The old, “My kid could do that!” could be heard echoing across the Atlantic from Wall Street...

So you now realize that Farjao’s strategy of collectively buying big ticket artworks is a safe and cost-effective method for getting into the historically exclusive art market. This is good.

But it doesn’t end there. Farjao could also be a useful tool for e...

You have no doubt been watching the art market explode in recent years. But the higher end works with the most potential for gains are out of your price range, or you don’t want to take on the sole risk. You stand idly by, watching someone make a lot of money,...

Buying contemporary art because you love it is easy—just buy what turns your crank, and forget about the fickle nature of the art market. You will hang or place your cherished acquisition in a place of honour in your home or office, and contemplate its form and meani...

The Skinny 

Most people claim that they don’t understand contemporary art, but they do understand money, and contemporary art has in many people’s minds become synonymous with money. 

Common and even not so common folk, including Morley Safer of 60 Minutes fame, s...

What the hell is going on? The art world is out of control, with living artists’ works selling for tens of millions, and dead ones’ for hundreds. For decades, it has been declared a bubble on the verge of bursting, but it just keeps self-inflating and provi...

The cost to purchase an “A List” work of art in the U.S.A. or Europe has become prohibitive for most art buyers, with many works by artists such as Jackson Pollock, Mark Rothko, Willem de Kooning, Lucien Freud and Francis Bacon going for as high as $50 to $1...

Why invest in art?

Very simply, art has value. And the numbers are staggering. 

Paul Gauguin’s “When Will You Marry?” sold for $300 million in February of this year, the highest price ever paid for a work of art. Picasso’s “Women of Algiers” sold for $179 mi...

It is about time for the art market to have its own derivatives trading market place. It will only make the market price discovery process more transparent and offer the institutional investors a way to hedge their investments. Hence, more and more institutio...