Modern art is simply the craft of creating financial instruments, the only reason it's imbued with all of the imagery of sophistication and insight is because the people who buy expensive financial instruments like to think of themselves as sophisticated and insightful.
There's no difference between collecting fine art and collecting stamps. A stamp may be pretty, but its purpose is to be scarce, difficult to copy, and to have a clear provenance from a known issuer.
There's no difference between collecting fine art and collecting stamps. A stamp may be pretty, but its purpose is to be scarce, difficult to copy, and to have a clear provenance from a known issuer.