*CORRECTION: @ 1:05 ought to say 8.4 million NOT $8.4 million in reference to the variety of shares. Sorry!
Newsthink tells the tales of sensible folks shaping our world.
Created and narrated by Cindy Pom
https://twitter.com/cindypom
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Thumbnail supply:
Elon Musk picture used with permission from U.S. Air Drive Academy https://www.usafa.af.mil/
Sources:
0:04 Authentic Tesla picture: Courtesy of Tesla, Inc.
0:17 Authentic Mark Zuckerberg picture: Anthony Quintano from Honolulu, HI, United States, CC BY 2.0 https://creativecommons.org/licenses/by/2.0via Wikimedia Commons
3:42 Alex Proimos from Sydney, Australia, CC BY 2.0 https://creativecommons.org/licenses/by/2.0 through Wikimedia Commons
3:48 Ron Wyden picture: Senate Democrats, CC BY 2.0 https://creativecommons.org/licenses/by/2.0 through Wikimedia Commons
4:22 CNBC article https://www.cnbc.com/2021/11/07/elon-musk-faces-a-15-billion-tax-bill-which-is-likely-the-real-reason-hes-selling-stock.html
ABOUT MASTERWORKS
https://mw-art.co/newsthink
Masterworks is the one funding platform devoted to artwork investing.
Spend money on blue-chip artwork for the very first time.
Buy shares in nice masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and extra.
Billionaires like Warren Buffet and Jeff Bezos are investing extra in artwork than ever earlier than to diversify their portfolios within the face of elevated market volatility. For the primary time ever, traders like you have got entry to this secure and appreciating asset class.
These numbers clarify why:
Up to date artwork costs have appreciated 14% yearly (1995-2020).
Rich collectors allocate 10–30% of their portfolios to artwork.
Lowest correlation to public equities of any main asset class, in keeping with Citi.
How Masterworks works:
Create your account with crypto pockets or conventional checking account.
Choose main artworks to spend money on or our new blue-chip artwork fund.
Establish funding quantity, there isn’t any minimal funding.
Maintain shares in works by Picasso or commerce them in our secondary market.