An Important Life Update!
SPONSORED BY MASTERWORKS
A Banksy got everyday investors 32% returns?
Mm-hmm, sure. So, what’s the catch?
We know it may sound too good to be true. But thousands of investors are already smiling all the way to the bank, thanks to the fine-art investing platform Masterworks.
These results aren’t cherry-picking. This is the whole bushel. Masterworks has built a track record of 13 exits, realizing +10.4%, +27.3%, and +35.0% net returns, even while financial markets plummeted.
But art? Really? Okay, skeptics, here are the numbers. Contemporary art prices:
outpaced the S&P 500 by 131% over the last 26 years
have the lowest correlation to equities of any asset class
Got your attention yet? Fintech Takes readers can skip the waitlist with this exclusive link.
See important disclosures at masterworks.com/cd
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My wife and I just had a baby!
(Critically important clarification – my wife just had a baby. She’s been doing the equivalent of running a marathon every day for the past nine months. I’ve been typing on a keyboard. Women are real-life superheroes, and my wife is my personal superhero.)
We’ve been keeping it a bit quiet because, well, you don’t talk about a no-hitter in the middle of a no-hitter. But now the game is over. My wife pitched a no-hitter! (again, just for emphasis, my wife is a goddess walking around in human form)
We’re absolutely delighted, as you’d expect. Our daughter is perfect in every single way, and I feel quite certain already that she is a hilarious and brave genius who will probably end up colonizing Europa or something.
Also, as you might expect, we’re already pretty tired.
I mean, I’ve been tired for the entirety of my newsletter-writing career (which just so happens to overlap entirely with my career as a parent), but this next little stretch will be especially exhausting.
So I’ll be taking a little break.
Workweek (the media company that I work for) has an incredibly generous parental leave policy, and they have insisted that I take advantage of it … so (with a ton of gratitude) that is exactly what I’ll be doing!
I will be on paternity leave through the end of June, returning the week of July 3rd.
But worry not! The newsletter will continue moving along without me behind the steering wheel.
I have been working diligently to line up a ton of great content for you while I’m out. This won’t be the stuff you’re accustomed to (it’s difficult to analyze news that hasn’t happened yet), but it will be awesome.
There will be guest posts and collaborations with my fellow creators here at Workweek! There will be shorter, punchier essays from me! There will be summer reading lists, fintech resource guides, and more theories about fintech than you can shake a big stick at!
I won’t be super active on social media or email, so please be patient if you reach out. I’ll get back to you eventually, but I can’t promise alacrity!
Finally, I want to say thanks. Thank you for reading this newsletter and helping me become smarter about fintech and banking. This is the best job I’ve ever had, and it wouldn’t be possible without you.
I look forward to returning, refreshed and brimming with takes.
– Alex
