# Prof. Emeritus Michael Moses discusses the art market

1 Faculty News November 28, 2014 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2014/11/29/business/with-art-investing-in-genius.html?_r=0) -- "'It’s phenomenal,' said Michael Moses, a founder of the Mei Moses Fine Art Index, a widely followed measure of art prices, and a retired professor at the New York University Stern School of Business. 'At the Christie’s postmodern and contemporary sale, the average compound return was 20 percent annualized. That’s amazing.'"

[Read more](http://www.nytimes.com/2014/11/29/business/with-art-investing-in-genius.html?_r=0)