Art: Kandinsky, Man Ray for $110

Excerpt from a Bloomberg.com article on Katherine Kuh's life in modern art, entitled, "Buying Kandinsky, Man Ray for $110: Katharine Kuh's Last Laugh".

In January 1937, Katharine Kuh was fortunate enough to attend an art sale in Chicago where the auctioneer had ``no idea what he was doing,'' as she put it. That day she bought two Kandinskys, two Man Rays, a Gabriele Muenter and a Bonnard lithograph -- for a grand total of $110.

Her conclusion? ``Prices, then as now, are interesting social barometers having nothing to do with the quality or staying power of art,'' she wrote in her posthumously published memoirs, ``My Love Affair With Modern Art.''

Check the money quote; I think she summed it up nicely.

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Moneyball: How the Red Sox Win Championships

Welcome, readers . T o get the first look at brand new posts (like the following piece) and to receive our exclusive email list updates, please subscribe to the Finance Trends Newsletter . The Boston Red Sox won their fourth World Series title of t he 21st century this we ek. Having won their first Se ries in 86 years back in 200 4, the last decade-plus has marked a very strong return to form for one of baseball's oldest big league clubs. So how did they do it? Quick background: in late 2002, team own er and hedge fund manager, John W. Henry (with his partners ) bought the Boston Red Sox and its historic Fenway Park for a reported sum of $ 695 million. Henry and Co. quickly set out to find their ideal General Manager (GM) to help turn around their newly acquired, ailing ship. This brings us to one of my fav orite scenes from the 2011 film , Moneyball , in which John W. Henry (played by Ar liss Howard) attempts to woo Oakland A's GM Billy Beane (Brad Pi

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