New York Times reported a record art auction in France run by Christie's in this devastating bear market: the loot was Yves Saint Laurent's accumulated art treasures. It could be the idle rich ignorant of impending doom as the passengers of the Titanic were.
But then again maybe it's the smart money.
Sotheby's, BID, a public company is ridiculously cheap and is part of the small club of auctioneers in this tight yet lucrative industry.
It's a buy based on the news coming out of France.
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