Abstract:
This research aims to delve into the unique market of collectible luxury assets. It discusses various aspects such as the role of auction houses, the psychological and financial appeal of these investments, and their impact on portfolio diversification and risk management.The main objective of the thesis is to examine historical performance and the potential of these assets as part of a diversified investment portfolio. Moreover, the study provides an in-depth analysis of how investing in art, diamonds, and fine watches differs from traditional investment strategies, highlighting factors unique to such assets and the related challenges.