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Slate Money

Slate Money: SWAG: Art

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 5 November 2019

⏱️ 49 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to the swag special edition of Slate Money.

0:19.1

This is a midweek little treat for all of you who listen to Slate Money. Thank you for listening and what I've done for the next few weeks is put together a series of shows about swag which is an is a

0:35.0

series of shows about swag, which is a financial term which stands for silver wine art gold.

0:38.0

It's basically anything that you can buy that you might think will retain its value even though it doesn't have any cash flows

0:46.8

associated with it. We are going to talk about crypto currencies, we're going to talk about

0:51.2

gold and wine and maybe, I't know cars that kind of thing

0:55.2

But today to start it off my favorite subject of all is art and there is no one better to talk to about the idea of art as an asset

1:06.4

class and whether anyone can ever make money buying and selling art.

1:09.8

Then Julia Halperin of ArtNet, hello Julia.

1:14.0

Hi. Welcome to the show.

1:16.0

What do you do at ArtNet and do you have a podcast to plug?

1:20.0

Yes, I am executive editor at ArtNet News and we have just launched our very first podcast.

1:27.0

It's called The Art Angle.

1:29.0

So check the Art Angle out, which is hosted by Andrew Goldstein not Julia sadly stay tuned here to listen

1:37.3

to Julia and yeah we're going to talk about big names we're going to talk about Banksy comes up and Rothko comes up and Picasso and Warhol and we're going to I think we're going to conclude that you shouldn't buy any of them but stay tuned to find out.

1:59.4

Sign up to the Economist for in-depth curated expert analysis of world events, and topics ranging from business and culture to science and technology.

2:02.0

You'll get the weekly digital edition,

2:04.8

online only articles, curated newsletters on politics, the markets, science, culture and

2:10.1

China and full access to the Economist Podcast Plus. The Economist is independent

2:16.1

journalism for independent thinking. Go to Economist.com and get your

2:20.8

first month free.

2:26.0

So let's start with this question of

...

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