A study indicates that investments in Brazilian paintings from 2012 to 2022 yielded returns below inflation and traditional financial investments like the stock market.
A study presented at the Anpec Congress reveals that, between 2012 and 2022, investing in Brazilian paintings has underperformed compared to alternatives such as stock market investments and the CDI (Interbank Deposit Certificate), ultimately falling short of keeping up with inflation. Conducted by Thais Mesquita from the National School of Statistical Sciences (Ence) and Luiz Andrés Paixão from the Brazilian Institute of Geography and Statistics (IBGE), the findings highlight the financial challenges associated with art investment in Brazil.
