Huge Kirschwasser deflation

[gzz]

1976 African-American pop art painting goes for $15 million at auction

https://www.bloomberg.com/news/articles/2022-05-13/why-this-fund-manager-paid-15-million-for-a-painting-estimated-at-200-000

[flyer]

Very interesting, gzz, and a good example of how obsessed some collectors are. I know my wife has been amazed at the offers she has received from private collectors, even without taking anything to auction. As in the article, it seems like multiple seven figures are becoming the norm.

Hopefully, with all of the millions floating around in our society, some of it will also be used to solve the more dire needs that threaten humanity’s very existence, such as the water issue discussed in another thread. In fact, my wife is considering selling some of her collection to facilitate the greater good.

[Essbee]

There’s also a new Total Wine in Carmel Mountain. It’s next to Nordstrom Rack, where Saks Off 5th used to be.

[Coronita]

Looks like engineering wages are moving up again. Shortage of good talent still persists.

https://www.protocol.com/bulletins/microsoft-raise-satya-nadella-talent

[sdrealtor]

I have a house full of antique furniture that is worth a fortune. I think about selling it but I love it as much as my parents did. I had someone out to take a look at it a little bit ago and was offered crazy money. But I’m gonna hold onto it because of the joy it gives me and the memory of how much my parents loved it. I explained this all to my daughter so that she knows. Someday she can decide what to do with it and sell if she does not want it not just give it away. It’s timeless and I think it will hold great value for a very long time but it’s also really cool and functional

[flyer]

Agree. Never sell anything of sentimental value, the memories are definitely worth more. We have so many things from our families that we love, and would never part with. A pianist made an offer most would not refuse for a one-of-a-kind Steinway, but we passed. I’ll be surprised if my wife does sell any of the art collection, since there’s no need to, but one other collector seems determined to acquire one painting in particular–so that will be entirely up to her–otherwise, just more for the kids to look forward to:)

[sdrealtor]

Yeah I’ve got a houseful of Herman Miller furniture designed by Charles and Ray Eames and George Nelson that my parents bought in the 1950s when they first got married. It’s all in immaculate condition and I even have the original purchase receipts that proves original ownership. It really is of extraordinary quality and the design is timeless. It was always a source of immense pride for my parents who were way ahead of the curve on things like that. I could never sell it and hope my daughter appreciates it so someday as much as they did and I do

[flyer]

Fantastic. Very familiar with that line. Doubt if our relatives would have ever imagined some of these collections from the past would be yielding seven figures today. Life is interesting.

[sdduuuude]

[quote=scaredyclassic]I saw a tiny Ziploc bag of arugula at farmers market for $7.00. by weight, I think weed is now officially cheaper than organic arugula.[/quote]

Officially nominate this for post of the year.

[gzz]

Organic local and beautiful baby arugula at People’s Coop is 6.89/lb. A pound is a fairly large bag.

I also regularly see the giant clamshells of organic arugula for $5.

He either was overpriced or perhaps had micro-arugula, which is much more expensive.

I adore these microgreens however. Micro cilantro, broccoli, peas, red lettuce. They are generally around $30-40/lb, but taste so good that you don’t need dressing or toppings on it.

They are so objectively great I expect the price to decrease somewhat as they catch on.

By the way, when I purchased my rental house there was macro-arugula: several weedlike stalks that were 8 feet high and with central stems 2 cm in diameter. The leaves were still tender but it was ugly and overgrown so it had to go. Kale can also grow into 4ft tall bushes in our mild climate.

[Author]

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