The Margin: This Monet painting’s return on investment just blew away the S&P 500

Wall Street will tell you stocks are always the best long-term investment.

Try telling that to art lovers. Especially after what happened Tuesday night.

A painting by legendary 19th-century French impressionist Claude Monet fetched a record $110.7 million in a frenzied eight-minute bidding war at Sotheby’s auction house in New York.

Not only is that reported to be the highest amount ever paid for an impressionist painting, as well as the first time an impressionist has sold for more than $100 million, it also marks a spectacular, equities-crushing return on investment.

The unnamed seller of the Monet “Haystacks” masterpiece bought it for just $2.53 million back in 1986.

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