Editorial | The Phillips Collection's Irresponsible Disregard
Written by Emily J. Thompson, Senior Investment Analyst
Source: WSJ
Updated: Nov 17 20250mins
Museum's Previous Attempt: The Baltimore Museum of Art previously attempted to sell three significant paintings to raise $65 million for diversifying its collection, which led to widespread protests.
Guidelines and Controversy: Although the Association of Art Museum Directors allows such sales if proceeds are used for art purchases, the proposed sale of major works ignited significant backlash, resulting in the plan being abandoned.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
