The humblest materials combined with imagination can make the most extraordinary things. This artist, Jake Fried, uses ink and liquid paper to make a portrait that moves you wondrously through the landscape of his mind. No mistake here, white-out has a whole new meaning.
Who beat the market this year? Investors who like the finer things in life. Luxury assets, including wine, art, classic cars and fancy colored diamonds, have outperformed stocks and bonds this year. “People are looking for a place for their cash, and the security of holding something physical is appealing,” said Anthony Maxwell, director at Liv-ex, the London-based wine exchange. “They are looking outside securities, and gold is not what it used to be.”
On Thursday, a well-known painting by British artist David Hockney is poised to smash the record for a work by a living artist sold at auction.