2 Burst results for "Mort Olshan"
"mort olshan" Discussed on The Art Newspaper Weekly
"Going alone. You know there was a very strong work actually estimator eight hundred three fifty. Now I've actually spoken to her about this. She's she's very concerned about this it's incredibly difficult and wearing syndrome. Young artists being turned over. Because there's just it's like it's like a washing machine isn't it that's a spin cycle And if you have the right connections and you're rich enough you get in at the beginning and then you get out in time And the rest is desperate to try and by the work and usually by too late and they get lumbered with this. And it's and this. This whole cycle whole this whole dynamic is very concerned for the market. As a whole I think with calls it's just bonkers and you had a really interesting piece that you actually usually root for for the art newspaper recently which is about kind of like populace Martin tasted are How how is that? Maybe shifted over the past few few years and how is that affecting the market his younger artists. Just wondering to what extent. S- those two wills into into sex. I think banks in Kohl's very very so separate markets from the super Super Hot markets will young anointed artists from fashionable galleries. I think not slightly different I wonder how long the calls things can go on for. I'm not sure sculptures particularly interesting. There was a big painting sculpture From edition of Ten plus two is estimated mated at three hundred made eight hundred thirty six thousand That the sculptured the paintings I sort of understand and but the sculpture. I just find completely anonymous and mad. Why is that well this thing and then his time you're going to be looking at the? This is losing me a Lotta money speaking city in the cool room make you look fool. I think Speaking of cause and banks You know we're obviously coming to the end of twenty nine thousand nine here moving into a new decade. Their markets have been the most astronomical made in the last decade. Are there some other artists that you know have had a miraculous rise or miraculous fall in some ways over the past decade or any larger your trends. That you've been noticing since you know. Obviously we were in a very different financial place. Sure back in two thousand nine right after the financial crash and now we're kind kind of staring down the barrel of possible. Recession trade war is brexit. The whole Shebang wonder if you're seeing any kind of trends that you can spot okay in the last ten years of the first thing to say though of course is the that there's no The people aren't losing any money right. Yeah the guessing guessing richer and richer and richer The that the context for all this is is Thomas Spaghetti wrote the script book called capital for century and antique came up with this one fulfilled relation which is aw is always greater than Jesus returns on capital are always greater than growth which is linked to contagious so the rich get richer and richer and richer so the money is all they just they just get distracted sometimes and they're a bit distracted moments and that's that's that's the the only problem no way but what is it from. The market is blue chip off and finding new blue chip artists because house Very interesting came back to this. Aunt net report on staggered to see that in the first half of two thousand nineteen coils made mort Olshan as you'll Michel Basquiat which is a bit of a moment. Now oversleep owners of of a Big Ticket buskers. Don't want to put them on the market and they're they're concerned okay. Let's understood but with with basketball top. Ask as not coming on the market. Warhol's Kuhn's the traditional blue chip where the auction houses GonNa make the numbers. So what I have noticed is the way. They're trying in to pump up secondary names as blue chip and in London in October album. Oland suddenly be was meant to be a great artist. uh-huh so we had to deal shows. We had Serpentine Gallery Exhibition which was sponsored by subsidies and Gagosian and there was a load of Alba Roland sales. which did all right? It didn't actually have a transformative effect. I think Edry Shea last night was another example of this Now he's interesting artist in academically and in terms of art history. That's in terms of Papa. You know he doesn't have the directs. The visual impact of Warhol Lichtenstein or Allen Jones Frogman. Say but what I thought was interesting was that they gave gave that painting. Take Pride of place where the Kuhn's Bundy had been in this shrine to blue chip timeless. Ause I thought they were really pushing the envelope there but on the other hand it made fifty two million now. Is that a reflection of well. Find the histories catching up with Trichet. All this just a hell of a lot of money in California. It's probably a mixture of the two but I think the trend next decade will be. The auction house is desperately trying to find blue chip names to replace Bacon Rick to all the others and I think they're struggling because we're not living living in a great period of I would say.
"mort olshan" Discussed on KNBR The Sports Leader
"What's happening? Hello villas. How are you? Tremendous yourself. pretty good pretty good i voted last week we were talking about goals and betting on golf and at the action network we are all very avid betters needed Coverage me feel really good about what we do there. And so, I think I made. First round meter. The rocket mortgage. Even know what they're calling the new. Anybody playing loaded on about ten first round leader. So it just whoever leads the end of the first round. Exactly that's it. And you have no idea who you have. I could not tell you right now. i wouldn't advocate this form of betting but that's how much confidence i have in guys we have covering this there's sometimes i will see variety of what the guys in the office are doing and what do it you'll love this we'll do it was yesterday i was at my desk and one of the guys on our team side so show heavily the weight of the world on his shoulders and i was like do what what's going on and he goes i just Get all of my fish right now. That was it. so what kind of odds do you give for that they gotta be shorter than a full tournament i would assume yeah but you do it you end up betting right Ninety one shots. So I don't think that anybody and. Order than sixty to one. Wow. Will you hit the woodland one for seventy two one? i think that's the problem it's like i hit women one i'm like this is easy i'm just going to keep doing this w. realize if you bet the same amount in golf like if you bet your futures you get your first round leaders in your in your turn among winners you have you bet the same amount you have seventy four swings and misses to go and you still break even Yes. i knew you did i just reiterate listening just wanna make sure you knew that i knew that i wanted to make sure that we're telling the people that knew that didn't know that the now they know I also know that. Yesterday afternoon. I don't know. Why did it? the it would be blue jays yankees and the night before they score ten thousand runs and the yankees hit home runs and one hundred nine thousand straight games and they've got a murderers row offense and i decided to under in the game and i think it was five five Go. Well. Let's just say I was being. Do you ever bet the the, the second half? Oh. Do the the. Oh, yeah. No, I don't do that one. No never I wouldn't do. No, there's no value in that. is there here's the one thing i want people to understand and i think they they they missed the point on this one because we've talked a lot about sharps on this show when what though bed and how bed and sherpas like just value so they're not telling you that this game like s._m._u.'s going to be baylor or they're gonna lose by less than ten let's see some us getting ten they are telling you that more times than not by their calculations s._m._u. is going to cover that ten point spread it doesn't mean it's going to be that one now if it goes down to nine and a half which maybe doesn't seem like much you they might say well now it goes from sixty percent to fifty two percent and it's not i why would i bet it so today's game brings up that point chad with nor winning land i mean the sharps i guess we're all over norway the whole public was on england and obviously england crushed norway but everybody's vetting england so it drives it to a price where it's like okay if they play a hundred times this is profitable now and that's that's how you have to think of it if it's played one hundred times now it's going to be profitable it doesn't mean that one time is going to be profitable and i think that's where people get confused they think sharps a lot of times are picking games picking games are picking numbers that would be profitable over the long haul You are a hundred percent. and they look for what's called closing align value bet at a number that is better than what the line Close. They like you know. Believe in the in the conference finals for warriors. The trailblazers. I like the warriors. John. Blazers? Plus, yes, I believe that game that game close higher. I got I got whose value because I bet it with John at minus seven and it closed higher value on that. 'cause I beat the number-one at the. John number when that happens number, you are brilliant. You really are brilliant, that was a brilliant bet on your part. Yeah. Of course, remember that that's exactly what was the result of that. is this a big deal that new jersey top nevada is tommy and i were just talking about that three hundred eighteen point nine two three seventeen point four in the month but there's a lot more outlets in new jersey arthur than than vegas it's not necessarily about the it's about the mobile bedding any state right now his pondering legalize sports and they don't do the way new jersey did it then all they are doing is pandering to the political process making stupid decisions that dope benefit anyone in the state doesn't benefit taxpayers doesn't bring in as much revenue does not give back to all the programs they say will benefit if they get sports betting just did this emmy did it stupidly new york just did this and they did it stupidly those are two of the biggest states in the country that legalize sports betting and what do we legalize sports betting and they blocked out certain certain operators specifically to punish draftkings they were said about the way they rolled out daily fantasy for eighteen months so they're limiting the number of operators can come into the market for political reasons and they only allow mobile betting what someone has gone into casino and registered on a in atlanta based casino idiotic like you want people to bet the people who are going to aren't necessarily going to go to a land based casino give him a mobile app give him an unfettered marketplace with the best possible pricing and let them either going you can't be half pregnant new york to the same thing legalize sports betting in four upstate property not nobody in manhattan is going up state to bet him you know what i mean like they're gonna take the path the path and go to new jersey that's all that's going to happen new york is just you know cutting off its nose despite its face it so clearly you got jammed up on this because i just like i can see your exercise I just so stupid. It's so agree. Let me ask you read sovereign stories. The. go ahead point yeah it's a very big deal that new jersey got more revenue this month in nevada how tough is it for sharps like the guys that know what they're doing to play because i've read stories that they they're they're not really into that like if you're a sharp you better you better still be in vegas or you better be betting overseas but if you're going to expect a roll into one of these like local betting establishments and you're gonna make money because you know what you're doing the not gonna let you get down that much money and soon as they they do as soon as they find out you know what you're doing we're gonna put an end to it you hit on one of the biggest sort of inside baseball issues in the sports betting space right now and there's a great story on the ringer actually guy named david hill just type in david hill the ringer sports betting in historial come up and he's fat he tracks from professional better who is just getting locked out and every sports and they're not taking his money and happening too so people with a lot of sports book now bringing in the the era of sports betting that like you grow up in tom that i grew up in when i was writing a book the odds covering this it's gone it just doesn't exist anymore because there's more and more money at stake as the need to become much more high revenue producing businesses as more and more corporations outside of extreme industry get involved they're trying to turn these into full-scale sophisticated trading operations so they're bringing high end risk management consultants and executives who treat these markets the way you trading and so they're using software changes the risk calculus and why people are and how much people are willing to let others that two questions one i mean you have a bunch of the action network he got a bunch of al Nerds that work there. Right. genius as we call them okay i call them nerds speaking of the romantic era of sports betting all that a lot of it was even before we got into it but when we were younger but how many of those guys have you seen walking around this year where the gold sheet in their back pocket Oh. That would be zero. that would be absolute zero i mean i'm not saying it's wrong i'm just saying that's that's kind of me like you and i know and people are era who bet sports i mean they were like oh course absolutely i'd one of those to my back pocket we're good to go go to the book and look at that the power rankings and the three top plays and all the articles of mort olshan used to write fan but that doesn't happen anymore because now it's about algorithms and but my second question is this this is probably more for a person that sets a line but i'm gonna ask you you've talked to all these guys if they could set the perfect line could you start to get this is analogous to me to free agency in baseball where all these guys weren't signing and they thought it was collusion i'm not saying it wasn't but i think it's more everyone so smart now and everyone has their al-gharib their algorithms tell you what you should pay for free agent and if everyone has similar algorithms they're all gonna have a similar price point for certain players so you're aging can't schmooze anymore you can't you can't use one team delivered another team 'cause everyone's like look this is what the computer says and if everyone's saying this is what the computer says then they're not gonna argue with the computer so you're gonna price yourself out and i wonder from a betting standpoint chad if they could make the perfect line would they if they could make the perfect line all these algorithms of you worthless because there'd be no value and betting against the perfect line so how do these lines generate value with different algorithms and do the books who make these lines do they share the one way or the other off a perfect line if they thought they had it just to get action i don't know that i can define what a perfect line is perfect line is is defined by the bookmaker as where they think they can either get to ask because they're not comfortable with figure side or where they think they can continue to get the public to bite on a bat line but they feel good about the other side so it's not about the rhythm so much as it ultimately they're still needs to be somebody keeping track and whether that is sort of a risk management expert who's using software to define that more a bookmaker i think the perfect line is whatever the bookmakers taking make the most money I guess I guess I think you're right. I guess what I was trying to. I know I don't know that at all I would say, you're less than fifty percent now. You're probably more than that. But certainly not enough, including the big to make money off of it. i guess what i was saying like if they could if they could nullify the rhythms like algorithms we set there for value so if you see a line that's four and you think it should be five you'll bed until it's to five and then there's no more value on it but the the old time people don't have those a lot of people do casual sports better don't have those but i wonder if they could take that off the out of the equation like will match your aga rhythm like our lions are going to be what your line say you should be so you won't be able to bet at all because every line going to be the same your algorithm will match our algorithm your value is now gone yeah but then somebody's gonna bet something and someone's going to move line and then the entire universe is going to move the line off at that point to gives you need a lot of money from like good but i do get a lot of money from from squares as well it's very it's it's a super interesting i mean if you're into that kind of stuff i just find it i find it fascinating chad's book Okay. The people interested in that might be mean you. Could be right. You could be right. It's a possibility. Nobody's listening right now. No remote may you and John. That's if people have broken radios and stuff. john john was it was in neither listening actually you know what john district is is is phones off put them back no you know what i was reading a revolt we were asking this the other day we were because we had a legislature on from california probably two or three years ago and he was saying how maybe within a year we'd have gambling here now we've got eleven states california's not one of them and reveal wrote a piece today updating where everybody sits in the country where in projects by two thousand twenty one that's when california get going but thirty two the fifty states and he gives an update on each state then nice job on it He's very good at that pride ourselves and getting that story done and making very searchable. It's simple to understand, and everything. I mean not as good as his re tweet of Tommy's urinal. But still, I mean, good. We can go highbrow and lowbrow at the action. Oh, and you do. I know we gotta let you run. So good luck on the Gulf futures that you don't know any of the players or what turnament they're playing. From? you have no know that you may be no gamblers sick by nature you're not the only one but you beg golfers the.