You Won’t Make Money From Buying Art, But Rich People Can - And Do | Complexify 

Depressing that only 15% of artists make over 10k in a year. It’s a hard gig to crack and even harder now that almost everything has been done by someone else

Art teachers: anime is not art Some guy: I just sold a banana duck Tape to a wall for billions of dollars

One of the better vice vids - entertaining and immediately forgettable. Welcome to RU-vid.

'Banana on wall' is amateur hour. When I went to a Hunter College MFA program, I saw master pieces like 'shoe insole on wall', 'piece of tape on wall', and 'half empty whiskey bottle on wall'.

It's just a way for people to launder money.

This is just an excuse to launder money and avoid taxes for the rich people

I buy a lot of original art because I like to look at it, but this video does a great job of clarifying why I shouldn't expect to make any money off of selling it - the people who would be inclined to buy the artists I collect aren't rich, so there's no reason for my pieces to appreciate.

Another thing rich people will do is they will donate paintings to get tax write offs. The paintings can be seriously over valued and way more than anyone would ever pay for, but since they are donating it, no one cares.

The sad part isn’t about “the mediocre so called art” it’s that there are true talented artists in the world that aren’t discovered and probably will not be discovered because they don’t have the opportunity to showcase their art!

Why not buy a school in Africa and give a lot of children a free education. That would be art in my eyes.

Well this is a perfect way to start my poor Saturday, while doing overtime.

Da Vinci and Picasso be silent ever since the Banana in the wall came out

Amazingly well edited and researched, now I wish I could level up my own video on art investing

2 words: money laundering

always with these rich people, laundering money, dodging taxes, and stealing from the poor. just rich people things

This is the perfect example of people with too much money

“Bullshit..bullshit..derivative” - Ongo Gablogian

Feels like there’s more money involved than sense lol

Patronage also has a huge affect on the value of art. Jay-Z brags about he buys paintings and then sells them for a lot more money, but no matter what painting he bought the value would increase simply bc Jay Z owned it...

“Ass, it’s a chance to see the world from a new perspective!”- I thought that’s what he said in the beginning of the video!! You

2:48 I don't know about Jasper Johns' flag but the frame it was in looked gorgeous

I like his sarcasm.

Banana on the wall... How could they think of such a magnificent art form, Its beauty is just pure orgasmic. Definitely justifies the price tag.

So basically you need money to get money, which we have known all along. Got it.

Ahh art. A conspiracy between the rich and artists to make poor people feel stupid

I see that plantasia poster

Art in the past : Baroque, Renaissance, Classical *Art now* :

Agreed! Just bought a piece of art from a U.K. Artist and it made (and will continue to make) my day for just £150! :)

This was a really interesting piece from VICE.

I have an oId rotten French Cheese in my fridge. I wonder if it will be accepted as an interesting art for rich peopIe...

Everything I hear an auction, yeah...its a money laundry show!

The banana doesnt rott. ...its really art...

Ok Sir. Good Morning

I only want to say to buy directly from the artist to give him /her craft a real value. Please 🙏❤

I’d splash a bit of paint on a canvas and rich people would call it “beautiful” or “Powerful” and sell it for $100 million

this presenter has a nice taste in music. nice

Meanwhile I am shoplifting clothes for my little sister

So they're telling me that is I buy a blank poster board duct tape a banana to it I could be a millionaire?

So the first thing people do during a pandemic Is buy Art?

I just wrote a MA thesis on the topic and how art restitution can increase soft power. Hit me up if you would like to read it!

I just put my hand up teacher

why didn't you mention someone ate that banana?

Art made by people like Leonardo DaVinci should not be sold like that, it's a human heritage piece, that should not be owned by a single person like that. Sell the modern art garbage, but leave the classic Renaissance art alone in a museum or something

Why is everything about what rich people do. Let us poor people buy our art, and they will buy their art without anyone interfering in anyone elses business?

Art can be a big ass Con game at times.

i'm selling my smelly socks... $200,000 is the bid.. bout you?

And certainly the artist won't!

Vice telling you being rich bad, support my deviant art OC and not my dali piece. Like people can spend their money where they want lmao

Might tape a potato in a wall and sell it for 2 million bucks

Legal way to wash money

Title isn't really accurate but okay.

Art has value because people give it value...it has no fundamental value...i get buying it as a investment but not for personal enjoyment

I think Vice is trashier than live love laugh signs but I allowed this one to play and enjoyed it.

This video is a work of art.

random hiroshi nagai on the wall

Liked your slightly sarcastic tone journalism 👍👍

i just stuck a banana on the wall wheres my 6 figure cheque

The subtle sarcasm is on point 👌🏿

I’m a classic art dealer. Please don’t put classic art with contemporary art business. Our practices are completely different and are much more affordable than you think.

Johns didn't make money from that $110 million - it was from an auction. most artists and galleries don't get money from a resale.- but yeah it's all laundering .

So if i duct tape a banana to a wall and sell it to rich idiots i get rich too?!

g wizz got here quick

The Chinese people might have a different option about China being free. You might want to check on that.

hi

Who would pay six figures for a banana ducktaped to a wall...

Omg... that kid that busted the statue in the museum..... I'd leave the kid there and he can work off his debt for the rest of his life, little bastard... def. wouldn't be paying them over $100k. Then again, my kid wouldn't be unattended in the museum scaling fine art......

Do it and you will be...dang

Everyone knows furries single-handedly keep the art market afloat lmao

Want this to have a realistic price, add a property tax on high value pieces.

Artistic way to launder money.

WTF a banana and duct tape...

Expensive art is a scam for most people. Buy posters or cheap art. Don't waste your money on limited editions or originals that cost a kidney. Ask most art galleries and they will NOT buy your art back, even on consignment. This should be your first clue. When they sell to you they convince you the value will skyrocket or you will miss this exclusive opportunity. Years later, when you want to sell it, it is worthless to them. I fell for this trap years ago. Yes, I enjoyed the art but I also expected it to hold some monetary value. Art is so plentiful and broad that hardly any of it will yield a return on your investment. The reason the rich buy ultra expensive art at galleries or auctions is to launder money, fund political agendas, or escape paying income taxes. It is commonly a tax shelter/avoidance for them. Don't fall for their sleazy sales tactics and outright lies.

C'mon guy..... It's always to soon for a Kashoggi joke breh.

This dude’s amazing.

NFT Art doesn’t gaf about exposure. superrare.co

These people don't deserve to have money.

Make "Robo NJESUS", you will rich 💲💰💵

Why feed poor people when art can be bought

"Support small artists" Shows some of the worst art I've ever seen

The reason why rich people get richer They are wayyy more smart and cunning

Who says im not rich?

ark sells because thats how they money launder

How they just assume no rich people watch them ahahahhaha

wish i could run into one of those "have too much money" people that likes comic book art.

And now there are NFTs...

That banana with that duct tape is a art! 🤷🏻‍♂️

4 In answer to the question-Is not the reckoning of God’s time, angel’s time, prophet’s time, and man’s time, according to the planet on which they reside? 5 I answer, Yes. But there are no angels who minister to this earth but those who do belong or have belonged to it. 6 The angels do not reside on a planet like this earth; 7 But they reside in the presence of God, on a globe like a sea of glass and fire, where all things for their glory are manifest, past, present, and future, and are continually before the Lord. 8 The place where God resides is a great Urim and Thummim. 9 This earth, in its sanctified and immortal state, will be made like unto crystal and will be a Urim and Thummim to the inhabitants who dwell thereon, whereby all things pertaining to an inferior kingdom, or all kingdoms of a lower order, will be manifest to those who dwell on it; and this earth will be Christ’s. 10 Then the white stone mentioned in Revelation 2:17, will become a Urim and Thummim to each individual who receives one, whereby things pertaining to a higher order of kingdoms will be made known; 11 And a white stone is given to each of those who come into the celestial kingdom, whereon is a new name written, which no man knoweth save he that receiveth it. The new name is the key word. The Doctrine and Covenants 130:4-11

Well not quite true !

For a long time in human history the highest class was supposed to be the most sophisticated etc, modern art really exposed how that isn't true at all.

arts in asia is anime

who says art is dying

Its called money laundering

Vice news don’t turn me into a live laugh love sign! NOOOOOOOOOOOOOO

The opening clips could have been from The Onion. lol

Stay woke porople

Finesse The Rich.

Was praying him to host this, and he did :)

Pay an influential person. Let that influential person gossip/shop it around. Create a story around it...and bam...even a turd can become a expensive art piece that displays the shittyness of the world. And of course sheeple will follow that new created 'truth'. The masses are always just following all day long. This is the formula of all these new vague created bubbles of bull-ish. Everything to avoid silence and introspection. Btw.You can buy this comment for $200 and show it off to your friends.

Nailed it

I wonder what Picasso or Monet would think bout modern ‘art’ like that sicko Marinovich