Our guest this week is Madelaine D’Angelo, Co-founder and CEO of Arthena, the first quantitative investment firm for art assets. The firm uses hundreds of thousands of data points to identify the factors (artist, year of creation, gallery displays, etc.) that are predictive of future returns. In this wide-ranging conversation, Jim, Jamie, and Madelaine discuss: Value & Momentum factors in the art market. Arthena’s models. The problems with repeat sales data. Portfolio construction and exit strategy. The nuances of investing in art assets. Biggest misconceptions about art investing. For more information, check out https://arthena.com/ .