Presented by
The Future Is a Gold Mine For Moon-Landing Conspiracy Theorists
TOP STORY
First they’ll come for your party balloons. Then, your chatbots.
SPONSORED
CNBC says investors have "nowhere to hide." But one exclusive platform just posted a 22.9% net return. Here's how to get in.
Despite an exciting bull run, gold fell 25% from its January peak.
Bloomberg's Marcus Ashworth said it this week: "No more reliable safe havens."
But Masterworks has been offering fractional investments well outside the norm. Typically those exclusive to the ultra-wealthy.
One of those was an Elizabeth Peyton painting. Total net return to hundreds of their members: 22.9%. Typically 3-10 years, this rare turnaround took just a few weeks.
That's sale number 27. Net annualized returns on sales like 14.6%, 17.6%, 17.8%.
So, despite macro turmoil, the art market has been trending up.
U.S. auction sales jumped 23.1% last year. The $1mm-$5mm segment grew 40.8% in value.
Few people know this. But postwar and contemporary art grew 10.2% annually with near-zero correlation with the S&P 500 over the last 30 years.*
Masterworks lets you invest in shares of works featuring Banksy, Basquiat, Picasso, and more.
70,000+ members. $1.3 billion across 525+ works.
*According to Masterworks data. Investing involves risk. Past performance not indicative of future returns. See important disclosures at masterworks.com/cd.
HEADLINES FROM TODAY
OF INTEREST
It’s not “doing ‘Spider-Man’ experiments on them,” but also, not far off.
NEWS IN QUOTES
“Reliance on AI and inclusion of unattributed work by another writer is a serious violation of The Times’s integrity and fundamental journalistic standards.”
— A spokesperson for The New York Times having a very, very rough day.
NYT Cuts Ties With Writer as Scrutiny of AI Content Grows