Famous, unique pieces of art are inherently illiquid. They don't sell very often, and pricing is inherently difficult to estimate. Nonetheless, it's a huge business, and investors have been attempting for a long time to turn art into a proper asset class. On this week's podcast, we speak to Margaret Carrigan, an editor at The Art Newspaper, about how investors are attempting to financialize the art world via the use of guaranteed prices at auction.

Famous, unique pieces of art are inherently illiquid. They don't sell very often, and pricing is inherently difficult to estimate. Nonetheless, it's a huge business, and investors have been attempting for a long time to turn art into a proper asset class. On this week's podcast, we speak to Margaret Carrigan, an editor at The Art Newspaper, about how investors are attempting to financialize the art world via the use of guaranteed prices at auction.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

How Auction Guarantees Are Changing The World Of Art

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/be099077-7660-46b0-81f0-ae270054f4e9/transcript

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