4.6 • 1.8K Ratings
🗓️ 19 September 2020
⏱️ 13 minutes
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0:00.0 | The British Red Cross is here to welcome people fleeing the conflict in Ukraine. |
0:05.0 | We're here to help people the safety when stalks here. |
0:10.0 | We're here to show anyone struggling that someone cares. |
0:15.0 | Hi yeah, thanks for coming. |
0:17.0 | We're here for humanity. |
0:19.0 | With your support, the Red Cross has helped millions of people in the UK and 191 other countries. |
0:25.0 | Search British Red Cross to support us. |
0:27.0 | Together, we are the world's emergency responders. |
0:30.0 | Welcome to the Jill on Money Podcast. It's Saturday, September 19th. Shana Tova for our |
0:40.0 | Jewish listeners, happy new year, for everyone else, it is Saturday and it's time for our interview. |
0:46.8 | What a great concept we stumbled across and it is called Master Works. Now this is fascinating. We are going to |
0:57.3 | interview in two parts today and tomorrow Scott Lynn and what is Masterworks? It's the ability for everyone to invest in Blue Chip |
1:09.0 | artwork. And what's kind of cool about this is I myself love the art world. |
1:15.0 | It's also been interesting to watch how the asset class of art has increased in value |
1:21.6 | almost like exponentially, but you know only the richest people |
1:25.6 | can do that you know you're not going to go out and buy a van go yourself well maybe you are |
1:31.0 | because maybe you have millions and millions of dollars. The rest of us are not. |
1:34.9 | So we thought this was a very cool concept and here is the first part of our interview with Scott Lynn. |
1:42.2 | Scott Lynn, welcome to the show. |
1:44.8 | So tell us what is Master Works. |
1:48.7 | Masterworks is the first company |
1:50.5 | to securitize Blue Chip artwork. So when we when we think about the art market today it's a very large asset class roughly 1.7 trillion dollars in value but historically it's really been limited to the ultra wealthy. |
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