4.5 • 979 Ratings
🗓️ 15 September 2023
⏱️ 36 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | All right, welcome back to the QTR podcast. |
0:03.6 | How the hell is everybody? |
0:05.4 | How's it going? |
0:06.7 | It is Weekend Morning Edition. |
0:09.1 | Let's all wake up together and hold hands and drink coffee. |
0:12.4 | The whiskey will come out in T-minous four minutes. |
0:15.2 | All right, happy to have you guys here. First and foremost, as soon as I could find the damn |
0:19.8 | thing I'll tell you about the sponsors because they keep me in business so if you like me you got to like them too that's the way it goes first and foremost listen |
0:29.5 | the market has been uncertain this year and volatile and as a result there's been a lot of |
0:34.6 | investment into alternatives somebody the biggest players in finance like |
0:38.4 | Goldman Sachs and Black Rock ever heard of them they say the days of There is No Alternative are over T-I-N-A. R-I-A reports 88% of surveyed advisors intend to increase |
0:49.1 | allocations to alternatives over the next two years, with over half raising allocations all the way |
0:54.0 | to 15%. Institutions are already maxed out at 30 to 50% into alternative |
1:00.0 | investments. What are they looking into? Goldman specifically names fine art among the ways to help protect |
1:06.0 | your purchasing power. In 2022, the big three auction houses posted record high revenues of a combined |
1:11.7 | 17.7 billion, the best auction year ever. |
1:15.6 | The global art market is still exceeding its pre-pandemic level, |
1:18.6 | according to the 2023 UBS art market report. |
1:21.8 | And how can we take advantage us the peons? |
1:25.0 | Tens of thousands of everyday investors already use today's sponsor |
1:30.0 | Masterworks where you can invest without needing millions or an art degree. |
1:34.6 | I have invested with Masterworks in the past. |
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