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He just needs one bed.
They can't do it. Everyone's sort of waiting with bated breath for one of them to take the bait. And then, four minutes later, they didn't. And then when the hammer, you know, came down, the collective gasp that came out of these 600 mouths in the room was so audible that it was really startling.
They can't do it. Everyone's sort of waiting with bated breath for one of them to take the bait. And then, four minutes later, they didn't. And then when the hammer, you know, came down, the collective gasp that came out of these 600 mouths in the room was so audible that it was really startling.
They can't do it. Everyone's sort of waiting with bated breath for one of them to take the bait. And then, four minutes later, they didn't. And then when the hammer, you know, came down, the collective gasp that came out of these 600 mouths in the room was so audible that it was really startling.
Well, immediately my heart starts racing, right? Because, you know, I've been covering the art market for 20 odd years. I mean, I have to go back to like 2008 to remember a piece that sold at this level, you know, this badly or that didn't sell right at this level, this badly.
Well, immediately my heart starts racing, right? Because, you know, I've been covering the art market for 20 odd years. I mean, I have to go back to like 2008 to remember a piece that sold at this level, you know, this badly or that didn't sell right at this level, this badly.
Well, immediately my heart starts racing, right? Because, you know, I've been covering the art market for 20 odd years. I mean, I have to go back to like 2008 to remember a piece that sold at this level, you know, this badly or that didn't sell right at this level, this badly.
The art market is an alternative asset, just like real estate, you know, and it tells us how wealthy people spend their money. And you kind of want to see how the world's wealthiest people who are arguably more insulated than the rest of us, how confident or wary are they of to go big or go home, you know, when it comes to these artworks that are over $30 million, over $50 million.
The art market is an alternative asset, just like real estate, you know, and it tells us how wealthy people spend their money. And you kind of want to see how the world's wealthiest people who are arguably more insulated than the rest of us, how confident or wary are they of to go big or go home, you know, when it comes to these artworks that are over $30 million, over $50 million.
The art market is an alternative asset, just like real estate, you know, and it tells us how wealthy people spend their money. And you kind of want to see how the world's wealthiest people who are arguably more insulated than the rest of us, how confident or wary are they of to go big or go home, you know, when it comes to these artworks that are over $30 million, over $50 million.
It's a very small pool of people to begin with, but you can glean a lot about how they feel about the overall market's health by seeing how willing they are to go shopping.
It's a very small pool of people to begin with, but you can glean a lot about how they feel about the overall market's health by seeing how willing they are to go shopping.
It's a very small pool of people to begin with, but you can glean a lot about how they feel about the overall market's health by seeing how willing they are to go shopping.
We talked to you not long ago in December about this banana taped to the wall that sold for $6 million.
We talked to you not long ago in December about this banana taped to the wall that sold for $6 million.
We talked to you not long ago in December about this banana taped to the wall that sold for $6 million.
The banana at the grocery store costs about 30 cents. This one just sold for $6.2 million. The cryptocurrency entrepreneur paid more than $6 million for this piece at an art auction last night. And it's...
The banana at the grocery store costs about 30 cents. This one just sold for $6.2 million. The cryptocurrency entrepreneur paid more than $6 million for this piece at an art auction last night. And it's...
The banana at the grocery store costs about 30 cents. This one just sold for $6.2 million. The cryptocurrency entrepreneur paid more than $6 million for this piece at an art auction last night. And it's...
I'm not sure if it was a red herring or if it was just like the great sort of theater, right? You know, it went viral from the moment it was taped up to the wall at the fair. It had a whole backstory that this generation of collectors and young people and folks on Instagram, you know, were dressing as this banana for Halloween. It sort of had this pop culture breakthrough.