In Art We Trust

The authors thank Jennie Bai, Fabio Braggion, Geraldine David, Frank de Jong, Joost Driessen, Rik Frehen, William Goetzmann, Kathy Graddy, Harrison Hong, Jun Huang, Daniel Karpati, Arthur Korteweg, Stefano Lovo, Stijn van Nieuwerburgh, Kim Oosterlinck, Christoph Schneider, Christophe Spaenjers, Oliver Spalt, Jan-Jacob Van Turnhout, Patrick Verwijmeren, Hong Yan, Chris Yung, and seminar and conference participants at Tilburg University, Columbia University, New York University, Financial Management Association 2019 European Conference, Southwestern Finance Association 2019 Annual Meeting, and European Financial Management Association 2019 Annual Meeting for valuable comments. All errors are our own.