Hi Matt, for those high profile people who buy Picasso, it's as much as anything about their own little "status matches" to see who's more powerful. Do they care about the art itself? I honestly don't know. Part of what makes art a dodgy proposition as an investment is that fashions change. You buy "Modern" because it's suddenly hot. But then someone decides Modern is OUT and Impressionism is IN. Suddenly your $50K investment become a hard sell at $20K. It's a bit like trying to predict which cryptos are going to go up when....
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