After a period of heightened volatility, the markets began to pacify. The flow seemed to be driven by mostly cash-raising and portfolio re-balancing activity as well as a steady diet of relatively benign economic data. Industry-wise: the financials reverted to its downward trajectory; materials stocks are rallying – with steel manufacturers, such as X and CLF, reaching all time highs; solar names remain strong with the heightened prospects of falling polysilicone prices; and oil experienced some disruptions amidst the fighting in Basra, Iraq. 
Let’s face it. We are a blessed people.
If people have more than they need, they are blessed.
If people have a vision to help meet other’s needs, they are blessed in degrees. At some point in the acquisition process, the soul is confronted with the substance and asked to answer the question, “How much do you really need?”
Long before I was a psychiatrist I was a basketball fan, and throughout my adult years I have followed the careers of great players and great coaches. One person I have admired from afar is John Wooden, the legendary coach known as “The Wizard of Westwood,” who earned his nickname by accumulating an extraordinary track record: 10 NCAA titles in 12 seasons before he retired in 1975.
The Top Ten Mistakes made by Collectors of Art, Antiques & Other Valuable “Stuff”
- Failure to use a team approach when planning for your art assets
- Failure to recognize if you are a collector or an accumulator of common objects… and misunderstanding the difference
