Stevie-boy has said that he makes 90% of his money from 5% of his investments. We hope he's trying to make money with this art stuff because the alternative--that someone would actually like to have stuff like this painting hanging around their home--is too horrible to contemplate.
From the New York Times:
As records were being broken at contemporary art auctions this week, the hedge fund billionaire Steven A. Cohen privately scooped up a de Kooning “Woman” painting for roughly $137.5 million, adding to the prestige of a personal collection that is fast becoming one of the world’s greatest.
Landmark De Kooning Crowns Collection [New York Times]
Posted by Bulging Bracket, Nov 20, 2006 1:39PM
Stevie boy bought the shark for god's sake! He's definitely been "educated" in art taste far too much for his own good.
Course call me back when I've got $1Bish to build a collection and we'll see what my tastes are like.