how many hedge fund/CTA traders do we have here?

Quote from Aaron:

Thanks, Surfer. That's pretty strange for art -- preserved sharks!

Schindler Trading keeps plugging away -- taking some money out of the market here and there. '06 is going to be a good year, I can feel it! :) Send me a PM sometime with your email address.

Aaron Schindler
Schindler Trading
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sure.


here's the work i am refering to, incase anyone has any interest. SAC paid 20 million for this:

http://www.guardian.co.uk/arts/gallery/image/0,8543,-10404640117,00.html

surfer
 
Quote from marketsurfer:

there are several HUGE fund managers who visit ET. most of you would be surprised who. they shall remain anonymous....

aaron--- speaking of art--how about SAC's purchase of the dead shark in formaldahyde named " the physical impossibility of death in the mind of the living" by damian hirst i believe, for 20 million !
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I know a few HFMs reading here, but they do not contribute anything.

It was sub $10M for the 15 feet of dead tigershark.
But Cohen paid $100M for a Jackson Pollock and a Andy Warhol.
 
Quote from Zastaber:

I know a few HFMs reading here, but they do not contribute anything.

It was sub $10M for the 15 feet of dead tigershark.
But Cohen paid $100M for a Jackson Pollock and a Andy Warhol.
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there are various stories concerning the actual cost:

"Damien Hirst’s sudden embrace of painting coincides with a similar shift on the part of his most famous patron, Charles Saatchi. Last January, the press-shy collector celebrated the twentieth anniversary of his London gallery by mounting a show called “The Triumph of Painting,” relegating his considerable holdings of “Sensation”-era sculpture, installation, and conceptual art to storage. That same month, Saatchi divested himself of Hirst’s shark-in-a-vitrine, purchased in 1992 for $93,000, and sold to hedge-fund manager Stephen Cohen for $13 million."

http://newyorkmetro.com/nymetro/news/people/columns/intelligencer/11086/

http://improbable.typepad.com/improbable_research_whats/2005/02/preserving_the_.html


i stand corrected on the figure. thank you for the information.

surfer



:) :)
 
:)
At first I wrote "more like 10M" but then my recollection was slightly fading towars "sub 10M", so I edited my post. Think you are right this time, it was above 10M.
:)
 
Quote from marketsurfer:

there are several HUGE fund managers who visit ET.
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Damn, I would better be careful with my predictions, they might decide to play it and I will be responsible for a few millions in the red, if it doesn't get fullfilled. :)
 
i have noticed that the term "hedge fund" has lost its cache'.

"asset management" "private fund" these words, among others seem to be taking the place.

surfer
 
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