![]() |
|
|
|||||||
| FlashChat | Actuarial Discussion | Preliminary Exams | CAS/SOA Exams | Cyberchat | Around the World | Suggestions |
Life Actuarial Jobs | Salary Surveys | DW Simpson & Co. | Casualty Jobs |
![]() |
|
|
Thread Tools | Display Modes |
|
#51
|
||||
|
||||
|
If I had $100mm to waste I would by Frank Lloyd Wright's Millard House and have $94mm left over. I find functional art such as architecture more appealing.
![]() ![]()
__________________
It's Bush's fault... |
|
#52
|
||||
|
||||
|
When the price is in the millions, those who buy it as a monetary investment are subscribing to the bigger fool theory.
__________________
There has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of guaranteeing such profit in the future, even in the face of changing circumstances and contrary to public interest. This strange doctrine is not supported by statute or common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back. - Life-Line, Robert A. Heinlein, 1939 |
|
#54
|
||||
|
||||
|
Looks like Mike Teavee leaving the Wonka factory...
__________________
ಠ_ಠ -- JB is watching you... ................"Don't let 'em talk bad about you!" Due to my strong personal convictions, I wish to stress that this post in no way endorses a belief in the occult. |
|
#55
|
||||
|
||||
|
The more I look at it, and other works of art by Alberto, the more I understand the price tag of $104 million dollars. :drevil:
|
|
#56
|
|||
|
|||
|
What I don't think you get is the rule of diminishing returns. If you're a multi-billionaire who's into tall skinny men with bubbly skin, then why not throw 100 million at a particularly nice one?
What I don't get is how Van Gogh couldn't sell his Sunflowers. Have you seen those mofos? They're like the bomb.com. Last edited by sweetiepie; 02-06-2010 at 02:54 PM.. |
|
#57
|
|||
|
|||
|
Quote:
__________________
"Allow me to introduce you to the American public. You'll want to wash your hands afterward." --Samantha |
|
#58
|
||||
|
||||
|
|
|
#59
|
||||
|
||||
|
Rich people want the stuff they like being untouchable, and they want to perpetuate it -- that was the main reason. Also, an art piece can not be duplicated -- that was part of the reasons too.
So, demand = some rich people bid the things they like sky high; supply = there is only one in the world, forever. |
|
#60
|
||||
|
||||
|
Why does that not surprise me?
__________________
Just in case you missed it... |
![]() |
| Thread Tools | |
| Display Modes | |
|
|