Are white potatoes actually healthy? Why does tap water taste bad at the beach? (E29)
The Adam Ragusea Podcast
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Investing in Contemporary Art - Masterworks
The contemporary art market is remarkably stable and relatively independent of stocks and bonds, with a correlation of less than.3 to other major asset classes. The S&P 500 is down around 22%, but art is up 26%. No wonder in October of last year, Masterworks raised $110 million in their first fundraising round. That makes them a startup unicorn valued over a billion dollars.
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