Author: Simulacrum  <nub>    107.201.120.172 Use this link if you want to link to this message and its entire thread of discussion. Post a Msg
Date: 1/6/2015 7:56:00 AM
Subject: RE: what the fuck am i reading

There's no sensible reason for art prices. Yes, you're paying for a unique item with an interesting historical context, but for £30m you could buy a peerage estate, or more likely two peerage estates. It could be argued that art appreciates as an investment depending on how it changes hands, i.e., that its value increases because of who owns it. This is true, but the truth of it doesn't make the art better or more valuable in the way a Lamborghini Veneno is better than a Ford Taurus. It's all market illusion for rich people who can't find better ways to spend their money.

You're the second person in a week who's recommended Tim's Vermeer. I guess I'll watch it next time it shows up on DirecTV.