All articles tagged with #art investment
Originally Published 20 days ago — by supercarblondie.com
Lewis Hamilton sold his entire $13 million car collection, including rare models like the Ferrari LaFerrari Aperta and AMG One, mainly due to environmental concerns and a shift in interests, and now only drives company cars. The only car he would still want to own is the Ferrari F40, which he considers a piece of art, and it remains his dream car.
Originally Published 2 years ago — by Yahoo Finance
Charlie Munger, billionaire investor and business partner of Warren Buffett, emphasizes the importance of patience in investing, stating that "the big money is not in the buying and the selling but in the waiting." This highlights the power of compounding, where reinvesting returns over time can lead to exponential growth. Munger's insight challenges the misconception that high returns require high effort, emphasizing the value of a well-thought-out strategy and patience. He also demonstrates his commitment to philanthropy through a recent donation to an art museum, highlighting the importance of art as an investment.