Billionaire Buys a Hideous Picasso Painting for $155 Million

Gary North - November 02, 2021
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From 2013.

Picasso had enormous talent at age 15. He drew magnificently. Then he visited an art museum that was displaying African art. This experience changed him. He painted hideous trash for the rest of his life.

You know it’s trash. Maybe you are afraid to admit this in public. That is because art experts says it’s great stuff. You don’t want to be viewed as what they call a Philistine. You don’t want to admit that you would rather visit the Crystal Bridges art museum in Northwest Arkansas this spring to see the Norman Rockwell collection than to go to a museum to see a Picasso collection.

Begin with this assumption: art experts are professionally perverse. They are also highly successful hustlers. They praise trash in order to put the shuck on the rubes — really rich rubes. The rubes dutifully get into bidding wars with each other. They fork over the money. “Good decision,” say the art experts who sell them the trash.

It’s a real-world version of the children’s story of the emperor with no clothes. There are lots of tailors out there who are ready to make money for closets full of the equivalent of paintings by toddlers. Doubt me? Read the story of 2-year-old Freddy Linsky.

Remember paint by numbers? They look better than any Picasso painting.

If you want to read a great book on Picasso’s con job, read E. Michael Jones’ Degenerate Moderns. Just ignore Chapter 9, which is silly. He blames Luther. Luther gets blamed for lots of bad things. Picasso isn’t one of them.

The man knew it was a gigantic con. He paid for everything by writing checks. He knew that people who received them would never cash them. His signature was worth too much. He lived for free.

If a Picasso painting were signed by some unknown, nobody would buy it except a degenerate art expert. It’s a huge con job. It has worked for decades. It’s the greater fool theory.

Picasso correctly suspected what was coming. There was one word he would never use. He would not let anyone use it in his presence. The word was “muerto.”

Death.

His death raised the value of his paintings . . . and his uncashed checks. But it does him no good.

Continue Reading on telegraph.co.uk.

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Posted on March 27, 2013. The original is here.

The nonsense continues.

In the years since his death in 1973, Picasso’s stature as an artist elevated to the highest ranks, with some of his works going for more than $100 million in public auctions and reportedly at even higher sums in private deals. Currently, he remains the top-grossing artist at auction worldwide, raking in $245 million across 3,400 lots in 2020 alone. “He is in many ways the gold standard of the art market,” said dealer Larry Gagosian in an interview with ARTnews. “I think he’ll remain that way for the foreseeable future.”

https://www.artnews.com/list/art-news/artists/pablo-picasso-highest-auction-records-1234594915
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