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re: Leaked email from Johnny Depp to manager on his financial situation

Posted on 6/20/17 at 11:13 am to
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 6/20/17 at 11:13 am to
quote:

I don't get art. Why in the hell would you spend millions of dollars for some douchebag's finger paintings? That's just the dumbest of all the things.

Because he can probably turn around and sell all of them for a huge profit. Art appreciates.
Posted by The Sad Banana
The gate is narrow.
Member since Jul 2008
89498 posts
Posted on 6/20/17 at 11:14 am to
Sounds like he's not into flipping art, though. Looks like he's worried to have to sell.
Posted by Warfarer
Dothan, AL
Member since May 2010
12132 posts
Posted on 6/20/17 at 12:37 pm to
quote:

Because he can probably turn around and sell all of them for a huge profit. Art appreciates.



I agree with you on this one, art isn't a bad investment unless it is new stuff. The Warhol stuff will only go up in value as long as he is willing to part with it when the need arises.

As for the spending habits, how do you have 40 people on payroll making 100k a year? I understand managers, advisors and even chefs but anyone else could be had for way less money than 100k a year.
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