Transcript
Mark Russo (0:00)
Have you ever walked away from something and actually had a good feeling and not know why? If you play hard rock music, not to knock hard rock music, and you play it for a plant, the plant will weather and die, literally, like almost in an hour. If you play a musical or symphony or an opera, it actually blossoms. It's just frequency. It's energy. You believe it or not, that our silver sculpture, we're going to have the Grand Opera Singers of Miami program frequency into our sculptures. So the peace not only radiates energy, it radiates positive energy. It's like walking on the ocean. Have you ever walked on the beach and gotten an ion charge from saltwater grounding? Right. It's like. Like recharging your battery on your iPhone.
Podcast Host (0:39)
All right, guys, we got a really special guest here today. We got Mark Russo, CEO of Treasure Investments. We're going to talk art today, which is a very interesting topic, right?
Mark Russo (0:47)
Yeah, very. Really is. They're very interested, very excited to share it with you. The story and the journey.
Podcast Host (0:51)
Yeah, yeah. And historically, as an asset, it's performed very well over time.
Mark Russo (0:55)
Right. Blue chip artwork does perform quite well. By definition. Blue chip is artwork that's the most expensive, most valuable, has a history of high value sales at the auction houses.
Podcast Host (1:06)
Yeah.
Mark Russo (1:06)
And the annual appreciation statically is about 14%. So if you own a piece of a famous painting, like a Picasso, they go up. Just if you have it in your home or your museum, they go up by 14, usually about 14.2% annually for the last three decades. So it's. It's a great opportunity to invest. If you can have a chance to buy a blue chip piece of artwork like that.
Podcast Host (1:27)
Yeah. That's impressive. That's double the S and P, Right?
Mark Russo (1:30)
It's. It outperforms all the major indexes, and it has for the last three decades.
Podcast Host (1:33)
Wow. So when you got into art, was that kind of the main reason, you know?
Mark Russo (1:37)
No, I got in the artwork because I'm a designer artist myself. But I started back in the 80s, if you can believe that. I don't want to date myself, but I had a chance to go to an art show in New Orleans and represent an artist, and I said, so what do I get? He said, I'll give you 20%. So I had a little booth, was a New Orleans investment conference, and I sold 900 grand worth of dartwork in three days. And I thought, holy smokes, I made $180,000 in commission. This is back in the 80s. I thought, that's a lot back then. I can. It was a lot.
