I encountered something like the 5-and-10 problem in the art market. If I like a picture of the artist A, and I know that I have a good taste, it is an evidence that artists A is good, so I should buy it. The more good art I found, the better is my taste.
Now repeat it 100 times and you end buying pile of garbage.
I encountered something like the 5-and-10 problem in the art market. If I like a picture of the artist A, and I know that I have a good taste, it is an evidence that artists A is good, so I should buy it. The more good art I found, the better is my taste.
Now repeat it 100 times and you end buying pile of garbage.