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Picasso

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 15, 2025 by Jimmy Basile · across every show →

Everything said about Picasso, oldest first

Jul 15, 2025
Disclosure
Basile began art advisory selling Picasso and Monet to Middle Eastern clients
“An opportunity came to me for my wealthy Middle East clients out of Saudi Arabia and Kuwait with a Picasso and a Monet and a couple other works of that caliber, Van Gogh's and things of that nature.”
Jimmy Basile Jul 15, 2025 ▶ 2:23 Art Investment 101: The Asset Everyone Overlooks
Jul 15, 2025
Assertion Contradicted
Art stored in international freeports like Geneva avoids capital gains tax
“Artists considered immune from capital gains tax, okay? If you sell your shares in, in a stock, you're taxed. Sell your Picasso, untouchable. You go into another country, now you put it into Geneva into a Freeport, you're not taxed, and that's legit.”
Jimmy Basile Jul 15, 2025 ▶ 41:48 Art Investment 101: The Asset Everyone Overlooks
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