Collecting art is something that people do for fun, but it can eventually become something that people do for profit if they are skilled in this. That is the case with Adam Sender. He has spent years collecting the art that he loves so much. Now this hedge fund manager turned art collector has a grand opportunity to reap the harvest from the bountiful art collection that he has built.
Adam Sender, as seen in this Observer article, isn’t a run of the mill art collector. To the contrary, Sender has become an authority as a collector of pieces that are highly sought after by other art collectors. When Sender started collecting art he starting getting pieces almost 2 decades ago that were in the 6 figure range. As time progressed much of the art that he collected would increase in value that was 10 or 20 times more than the original price. The art that Sender started selling back in 2014 would be valued at a sum total of about 80 million dollars. This could be a huge payoff that shows the he made an excellent decision to choose this as his occupation.
The reality is that he could have made millions in hedge fund management, but he may not have been happy in this role. When it comes to art collecting Sender certainly had a passion for this. This is evident because he was actually using the hedge fund earnings to collect art. It would become evident that this was what he wanted to do with his life. It takes a lot to move out of security and into the unknown. The art world definitely is an unknown venture because there is never a guarantee that one can get the return on investment that was originally put into the art. Sender didn’t have any guarantee that his painting would be valued at millions of dollars. It is like stocks and hedge funds. He simply had to pick based on what he knew and hope that his returns of investment would be substantial in the long run.
Adam Sender is one of most successful investors because he has been able to find something that he is passionate about and make money from it. This is what everyone desires in life. Sender likes a lot of the contemporary art, and he has shown his art in many different exhibits. He has had thousands of painting at one time. He sold a great number of these paintings in 2011 and held on to more for several years. As time progressed other paintings grew in value. Now he is selling even more that will also yield a handsome profit. He has art earnings that will last a lifetime.