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comment by mk
mk  ·  4809 days ago  ·  link  ·    ·  parent  ·  post: 10 Most Expensive Artworks Ever Sold
Look at the list now: among the top ten, 1876 is the latest:

That struck me too. It smells of a game.

I'm part of an art "experiment" that I'm not at liberty to discuss right now. Give it six months or so. It'll be interesting to see how it turns out. I don't think we're going to singlehandedly pop the "art" bubble.

You must share when you can.

IMHO modern art is such a wasteland because the money follows reputation and says nothing about the art itself. Which of course, is what you are saying about Hirst. I think good modern art is possible, it is just that popular modern art is almost shit by default. If so much effort has been put into reputation, then it's exploring that. Who wants to look at another Andy Warhol?

Great art is singular because only that artist could have made the piece. I disagree with Banksy about the self-possessed part. I find most modern artists to be ridiculously obsessed with the audience. Self-possessed suggests to me someone that is looking inward and reporting what they find. Hirst is a performer. His relationships give his art value.





thenewgreen  ·  4579 days ago  ·  link  ·  

Can you divulge the nature of your experiment yet?

mk  ·  4579 days ago  ·  link  ·  

kb was part of the experiment. I was quoting him.

thenewgreen  ·  4579 days ago  ·  link  ·  

Ah, I see. I forgot that italics were the old way of

    quoting
.

I envisioned you breaking on to the modern art scene with some of your own work. -not inconceivable btw.

At some point we should have that Hubski art show.

kleinbl00  ·  4809 days ago  ·  link  ·  
Economists have all sorts of wonderful phrases. The one I like for this is "unhinged from fundamentals."

This lovely phrase is usually used whenever a stock is trading at some irrational level that no sensible person can explain. To say that, for example, Facebook is "unhinged from fundamentals" means "there's no fucking way Facebook has an actual market value ten times as high as Google."

Note that people still trade on things that are "unhinged from fundamentals." They just acknowledge that the market is now displaying "irrational exhuberance" (thanks, Greenspan) and that no matter how many annual reports you read, you will not be able to accurately predict value because "accuracy" has become passe.

There are two prevailing sentiments about modern art. Doesn't matter who you ask, doesn't matter where you ask. Anyone, from lay person to expert, will tell you two things:

1) it's expensive

2) it sucks

These two sentiments are mutually exclusive. There will be a correction. I don't know what form it will take, but it will take form.