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Macro Voices

Spotlight #5 The Democratization of Alternative Investments – Art & Farmland

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.83.4K Ratings

🗓️ 30 October 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

Asset classes previously available only to the super-rich such as fine art and farmland are being democratized and brought within reach of all investors. Hear insights from the CEOs -Artem Milinchuk of FarmTogether.com and Scott Lynn of Masterworks.io- behind this new trend, where it’s headed, and how to invest in both fine art and farmland without breaking the bank. Link: https://bit.ly/3jIBUqu

Transcript

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0:00.0

This is a special edition of Macro Voices with hedge fund manager Eric Townsend.

0:14.1

The premier financial podcast targeting professional finance, high net worth individuals, family

0:19.7

offices, and other sophisticated investors.

0:22.9

Now for this special edition of Macro Voices, here's Eric Townsend.

0:29.6

Macro Voices Spotlight Episode number five was recorded in late October 2020.

0:35.8

I'm Eric Townsend.

0:37.5

Our topic for this episode is the democratization of alternative investments, specifically

0:43.7

art and farmland.

0:45.4

Now regular investors have heard my previous interviews with Artamillenshuk, founder

0:50.6

and CEO of FarmTogether.com, and with Scott Lynn, founder of masterworks.io.

0:57.5

If you haven't heard those interviews, I strongly recommend that you listen to them,

1:01.9

because there is relevant today as the day that they were published.

1:04.9

But what I'd like to do now, Artam and Scott, thank you for joining me together.

1:09.0

I think you guys actually met through both having been interviewed on Macro Voices.

1:14.0

You're both doing completely totally different things.

1:17.1

Art and farmland sound like they're unrelated.

1:20.1

But in many ways, from an investing standpoint, they're very closely related because these

1:25.4

are asset classes that have been very popular with very well-heeled investors, with billionaires,

1:31.6

for more than a decade now.

1:33.3

But they were out of reach, even to accredited investors, because to buy a painting that

1:38.4

costs several million dollars or to buy an entire farm that might cost several million dollars,

1:43.8

most normal investors don't have the ability to do that as a small percentage of their overall

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