Surreptitious Evil: May 2015
Pablo Picasso’s Les Femmes d’Alger (Version O) set a new world record last week for the most expensive painting sold at auction What they fail to realise is that value is purely in the eye of the purchaser, or potential purchaser. That's it. All of it. The definition of value. To the purchaser, who almost certainly doesn't care what a fundamentally unimportant pair of British metro-ignroant harpies decide.
Would I have paid staggeringly large amounts of cash for that Picasso? No. Even if I had the wodge. Which I don't. Would I have sacked my entirely hypothetical investment portfolio manager if she had? No. Because she isn't interested in art. She's interested in gain after tax. * Who is, actually, for all the acerbic front, a really genuine bloke. Well, not "bloke". Possibly "chap".
Surreptitious Evil: May 2015
Pablo Picasso’s Les Femmes d’Alger (Version O) set a new world record last week for the most expensive painting sold at auction What they fail to realise is that value is purely in the eye of the purchaser, or potential purchaser. That's it. All of it. The definition of value. To the purchaser, who almost certainly doesn't care what a fundamentally unimportant pair of British met
ro-ignroant harpies decide.
Would I have paid staggeringly large amounts of cash for that Picasso? No. Even if I had the wodge. Which I don't. Would I have sacked my entirely hypothetical investment portfolio manager if she had? No. Because she isn't interested in art. She's interested in gain after tax. * Who is, actually, for all the acerbic front, a really genuine bloke. Well, not "bloke". Possibly "chap".