Slate Money - Slate Money: SWAG: Art
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 5 November 2019
⏱️ 47 minutes
🧾️ Download transcript
Summary
In this Slate Money mini-series, Felix Salmon will investigate SWAG -- Silver Wine Art Gold -- and other things people invest in that don’t have any cash flows.
This week, Felix sits down with Julia Halperin, Executive Editor of Artnet News to talk about when, if ever, art is a good investment.
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Transcript
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| 0:00.0 | Hello and welcome to the swag special edition of Slate Money. |
| 0:18.9 | This is a midweek little treat for all of you who listen to Slate Money. This is a midweek little treat for all of you who listen to Slate Money. |
| 0:25.2 | Thank you for listening. And what I've done for the next few weeks is put together a series |
| 0:31.4 | of shows about swag, which is a financial term, which stands for silver wine art gold. It's basically anything that you |
| 0:40.6 | can buy that you might think will retain its value, even though it doesn't have any cash flows |
| 0:46.7 | associated with it. We are going to talk about cryptocurrencies. We're going to talk about |
| 0:51.2 | gold and wine and maybe, I don't know, cars, that kind of thing. |
| 0:55.8 | But today, to start it off, my favorite subject of all is art. |
| 1:01.0 | And there is no one better to talk to about the idea of art as an asset class and whether anyone can ever make money buying and selling art. |
| 1:10.2 | Then Julia Halperin of ArtNet. |
| 1:13.2 | Hello, Julia. |
| 1:14.0 | Hi. |
| 1:14.4 | Welcome to the show. |
| 1:15.9 | What do you do at ArtNet? |
| 1:17.5 | And do you have a podcast to plug? |
| 1:20.4 | Yes. |
| 1:21.0 | I am executive editor at ArtNet News, |
| 1:23.8 | and we have just launched our very first podcast. |
| 1:27.2 | It's called The Art Angle. |
| 1:28.8 | So check the Art Angle out, which is hosted by Andrew Goldstein, not Julia, sadly. Stay tuned |
| 1:36.6 | here to listen to Julia. And yeah, we're going to talk about big names. We're going to talk about |
| 1:41.5 | Banksy comes up and Rothko comes up and Picasso and Warhol. |
... |
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