Still, when I see numbers like those, I always wonder how any object that doesn’t cure cancer, end hunger or prevent global warming can be worth that much.
AND MORE D.L.: President Kim Kardashian? You can bet on it
Value is relative, of course. People might ask what makes a baseball player worth $80 million, but at least that can be calculated by the number of home runs he hits. What justifies paying a CEO $20 million? The answer is as clear as the company’s profit and loss statement.
But what makes one painting worth $100.5 million while another fetches $18.95 at your nearest Walmart? As nearly as I can tell, the answer is: “because somebody said so.”
AND EVEN MORE D.L.: I think my microwave is spying on me
Perhaps I’d be able to understand all that if I were better educated about painting. But I lean more toward the written word; I’m particularly fond of a piece of literature called “The Emperor’s New Clothes.” Still, in my continual effort to culturize myself, I did some research and learned that an original “Dogs Playing Poker” sold two years ago for $658,000.
For $110.5 million, I could have bought 168 of them.