On: How a Frenchman stole two billion dollars’ worth of art

[paulpauper]

stealing art is pointless, with high risk and no reward. there is little or no resell value unless you can find a collector who will pay you for the piece. totally illiquid market too.

[Scramblejams → paulpauper]

And yet people do it. Repeatedly. They don’t seem to find it pointless.

[atourgates → paulpauper]

That’s part of what makes this story so interesting.

The thief did it because, basically, he wanted to. While mostly not selling hundreds of millions worth of art in his possession and living in poverty.

[adrianN → paulpauper]

I'd assume that art thieves first find a collector who wants the piece and then steal it.