Provided by Beautiful Asset Advisors®, LLC

MASTER CLASS IN ART MARKET PERFORMANCE AND VALUATION©

 

CONDUCTED BY MICHAEL MOSES, CO-FOUNDER OF THE MEI MOSES® FAMILY OF FINE ART INDEXES AND REPEAT SALE DATABASE

MORNING: PERFORMANCE

  
9:00am-10:15am SESSION ONE: MEASURING ART MARKET PERFORMANCE HAS ART ALWAYS BEEN EXPENSIVE INDEX AND DATABASE CREATION THE ROLE AND TIME PATTERN OF TRUE RETURNS
10:45am-12:00pm SESSION TWO: HISTORICAL FINANCIAL PERFORMANCE OF MEI MOSES® ANNUAL AND SEMI-ANNUAL WORLD ALL ART INDEX AND SEVEN ANNUAL COLLECTING CATEGORY INDEXES WITH COMPARISONS TO EQUITIES AND INFLATION

INCLUDING ART IN WEALTH MANAGEMENT DECISIONS
12:00pm-3:00pm LUNCH: LECTURE ON CONNOISSEURSHIP-
PROFESSOR PEPE CARMEL NYU ART HISTORY DEPT

AUCTION HOUSE VISITS

AFTERNOON: PERFORMANCE DRIVERS AND VALUATIONS

 
3:00pm-4:15pm SESSION THREE: STRATEGIC ISSUES AFFECTING ART RETURNS: PURCHASE PRICE, HOLDING PERIOD, CRITICAL ACCLAIM, MARKET TIMING, FRESH OR STALE, DOES IT PAY TO OVERPAY, ARTIST LIQUIDITY
4:45pm-6:00pm SESSION FOUR: CREATING QUANTITATIVE VALUATIONS FOR WORKS FOR SALE AT CURRENT AUCTIONS THAT HAVE A KNOWN PRIOR AUCTION SALE PRICE:

MARK TO MARKET USING ART INDEX
MARK TO MARKET USING ARTIST RETURN HISTORY
RETURN EXPECTATION TO LOW ESTIMATE
RATIONALITY OF PRIOR PURCHASE PRICE
EQUITY/INFLATION RETURN SAME TIME PERIOD