Point of view: the beholder.
But returns are not everything. In the art world, talent and value can be measured by many factors such as technique and sophistication, and the true artist probably doesn't have a price in mind when staring at the blank canvas. But it takes money to train that young artist and to keep demand for art alive. That's where business comes in. Investing in a region like Latin America may create jobs and help the economy, which is good. But those investments also lead to economic development that backs the schools and universities needed to produce the next great master. Without money, people soon might wonder where all the Picassos went.
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|Title Annotation:||SPECIAL REPORT: LT CAPITAL MARKETS; picasso painting|
|Article Type:||Brief Article|
|Date:||Apr 1, 2005|
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