Feed Post

The Indian Luxury Market achieved something interesting in FY 23. (see image below) I've always been curious - why do the rich invest a substantial amount in art pieces? Is it because of their love for art or is there some other reason?

Anonymous

Anonymous 1

Stealth • 2m

Art is seen as a tangible asset that can appreciate significantly over time. Unlike stocks or bonds, art is not directly affected by market fluctuations, making it an attractive option for diversifying investment portfolios. Historical data often shows substantial returns on investment for high-quality pieces.

0 replies1 like

More like this

Recommendations from Medial

Image Description
Image Description

Arcane

Stealth • 2m

The Indian Luxury Market achieved something interesting in FY 23. (see image below) I've always been curious - why do the rich invest a substantial amount in art pieces? Is it because of their love for art or is there some other reason?

2 replies6 likes
Image Description
Image Description

Sagar Vadadoriya

Stealth • 3m

India now has more than 300 family offices, up from 45 in 2018, revealed a latest report by PWC India. The report further highlighted that family offices are increasingly investing in startups, diversifying their portfolios, and seeking higher retur

See More
9 replies9 likes
Anonymous
Image Description

🥶 The Economist: Zoomers are the richest generation. 💰🌟 Born between 1997 and 2012, they are actively entering the workforce and have already surpassed baby boomers almost everywhere on the planet. To the surprise of analysts, at this stage in li

See More
1 replies6 likes
Image Description
Image Description

SHIV DIXIT

Stealth • 8d

📖 DAILY BOOK SUMMARIES 📖 🔗 FREE DIRECT E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/1xXFTDwr-9pN3iZTIPKTPF9UU3WQVCiBY/view?usp=drivesdk 🔥 The Intelligent Investor 🔥 🚀 20 Lessons By 👉 ✨ Benjamin Graham ✨ 1. Cor

See More
3 replies22 likes
21

Mr Z

Stealth • 5m

Introduction: Go Digit General Insurance Limited, a leading digital insurer in India, backed by prominent figures like Virat Kohli and Anushka Sharma, recently launched its IPO to raise funds for expansion and growth. Background: In the nine-month p

See More
0 replies4 likes
Image Description
Image Description

SHIV DIXIT

Stealth • 8d

📖 DAILY BOOK SUMMARIES 📖 🔗 DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE — https://drive.google.com/file/d/1xY_NHVKRm4-qFTOVJVqnt9WQQMeB30BJ/view?usp=drivesdk 🔥 A Random Walk Down Wall Street 🔥 🚀 20 Lessons By 👉 ✨ Burton G. Malkiel ✨ 1. E

See More
10 replies20 likes
20
Image Description

Sairaj Kadam

Stealth • 2m

The Harsh Reality of Venture Capital: Recently, I spoke with a founder who had a fantastic business idea, but he was struggling to secure venture capital funding. Got myself thinking: why do some great ideas never get the backing they need? The tr

See More
1 replies6 likes
2
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 4m

Top News of the Week: 1. Funding: - 31 Indian startups raised around $336.45 million in funding this week. These deals count 11 growth-stage deals and 18 early-stage deals. Moreover, two early-stage startups kept their transaction details undisclo

See More
7 replies33 likes
5

Download the medial app to read full posts, comements and news.