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Rick's Picks for Thursday
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Rick’s Picks is a daily trading newsletter and intraday advisory packed with detailed strategies, fresh ideas and plain old horse sense.
Rick Ackerman is the editor of Rick’s Picks and a partner in 
Our Investment Choice for the Ages: a Warhol
by Rick Ackerman on November 19, 2009 12:01 am GMT · 9 comments
If we were to pick the one investment most likely to outperform all others over the next hundred or even five hundred years, it would be a painting by Andy Warhol. The artist’s soup cans, Brillo boxes and Marilyn Monroe silkscreens will probably be as recognizable centuries from now as they are today, powerful icons of an age in which beauty itself came to be repudiated by artists and disdained by dealers (if not necessarily by their clients). Perhaps centuries from now, historians and art critics will have a better idea of how this came to be, and how even prestigious museums like the Whitney got hooked on trash. The longer these disturbing trends continue, however, the greater will be the dollar value of » Read the full article