David syndrome: the winner's curse
bloody shooting games in Europe and America, Chinese are actually bought what? Is a ? There have been reports: In China, unscrupulous rich squander your money to humiliate the old Europe, but also bought an unprecedented abnormal mm Emperor Boti that Alex (Pertinax) by his guards killed, dying, the old emperor to win the throne for those who will set a curse mm The Guard soldiers were on a fishing auction throne. Many traders spend much coveted throne throne bidding, finally, a section called Di Julius (Didius)'s rich film is the throne, and promised to pay 25,000 per Guard soldiers Seth policy (Sesterces, Roman money units). How is a rich man who did not win the throne as emperor a few days, he was back in the Roman army from afar ousted, and really get the old Emperor winner's curse read fantastic stories, but often in the long span of time and space to turn, after showing the effects of their foresight. Take the top of the story in terms of it, since that money went for the Roman throne of the hapless cut under the head after the West Lake in Hangzhou had a shock the country's major collectors: Zhejiang Museum, organized the first , including self-traced back to the Shang and Zhou dynasties, the Qing Dynasty exquisite bronzes, jade, from Qing Dynasty porcelain dates back to the Warring States period fine. The show's main exhibits is 60 more than three generations of the Ming and Qing porcelain kiln, most of them are nearly 10 years by the private entrepreneurs in Zhejiang Province to spend heavily auction bidding from overseas back to Tibet.
The exhibition not only in size and number of exhibits on the shocking, played the role of the camp and the name of the first, exhibition of the same capacity for the domestic rare. responsible for the selection of experts in various fields exhibits include: identification of top-level authority domestic ceramics, Palace Museum, Beijing Gengbao Chang, the former curator of the Shanghai Museum, China's top authority identification Ma Chengyuan bronze, jade identification of top authority in ancient China, the Forbidden City Experts Yang Boda, and this painting expert Yang Chen Bin, Li Jiufang miscellaneous experts, the Hong Kong real painting expert for Huang Jun et al. No wonder the domestic media reported surprise: difficult to see such a strong camp of experts, including almost all of the current line of business of domestic cultural industry's top authority hh Tell me, Geng Baochang excited old man visited the exhibition, taking a seat for hours refused, and kept saying , read the best of old world ceramic Spring experts said excitedly: on: with Collection in depth investigation and study director of the Zhejiang Provincial Museum mission, Associate Professor Zhao Youqiang, it appears that relatively mild face interview, he told reporters: Folk heritage collections in Zhejiang Province is the tip of the iceberg. can be sure that private capital collection of cultural relics in Zhejiang Province, both quantity and quality, have exceeded our Provincial Museum! After, there are many people in the industry have made differences. a local friend of museums and cultural sector, told reporters: acquisition, funding for one year they can not even shoot back from abroad, a Ming porcelain kiln! you? ? is ingrained in the minds of Chinese imperial worship, or the money to show off? art aesthetics or market the Ugly? It values the rich! potato collection will be out tens of millions of auctions, the reporter of the primary education. According to estimates of local government staff, in better times a few years ago, Martin had personal assets of directors about the past billion.
old interview with Martin King, chairman of fees, a television journalist, first commissioned by the province and on behalf of his colleagues met links, but four have since he temporarily gave up a business and. Later, the reporter also commissioned a local official referral, still locked out, the officer quietly said to me: the world financial crisis this year, textile exports Most orders are retirement, if the banks do not issue loans, Bao Dong companies have cash flow risk of broken chain, so almost all interview requests recently, all of which he refused.
Rebate it? The.
said to me.
hard for many years the business world, retains a sincere heart.
test, you reporters later the speculation mm exaggeration! bought something fried treasures of the Patriot missiles were fired into l rhh no way, no turning back but to continue the patriotic l r, to continue to buy, continue to buy , as long as you call it a national treasure, we will pay. the result of a house to buy back the treasures of the museum had to cover for them to do special Treasury, had been stolen or how to do? than speculation, do you not have a plan? But now came the financial crisis, financial chain problems, and everyone is miserable, to sell a few pieces of cultural relics to add cash flow, not working! willing to accept the interview.
there are provisions that are bought from abroad heritage, more than two years time limit shall be in accordance with the national price, most buyers like us, only that Christie's and Sotheby's, do not believe that a good country to sell the genuine stuff! sent sent Paoduan Tui, the domestic film line say that we have overpaid in a foreign country they give the valuation of the purchase price in a foreign country than I am even much lower, how shot? I'm lucky, in time before the financial crisis to sell a few things. what? just to play addictive. I used that paying the money a loan, he returned to me this year, like, how the line? what money I return? Last month I sold two pieces of Qianlong famille rose official kiln, is almost flat out of interest did not get it back. child security, said no. I am also not help it, the bank every day, dun! understand. those years, making money is much more to see someone go out and buy also followed ran out, we engage in investment mostly gut instinct and follow other people go. just like the original did the textile industry, which I know ah? also do not know. only know the policy of liberalization, and buy some cloth by cloth to make clothes but also votes on the two people I hired to sell cloth, serves decent, and what say you did not take the capitalist road, to earn money to do a small workshop and income-generating livelihoods have more, please visit the technician will simply, run from weaving factory. Later let go, foreigners came to China, like our cloth to bulk orders. then we artificially cheap ah, As long as a year to complete export orders down to earn a few millions! in a fight! heritage I do not know, to understand it do? I use it to make money on the line! I go abroad to talk business, someone told me that before us you do not know how to make money, and now the Chinese people have money, China antique price is too low, prices will soar. I listen to, and asked others what to buy antiques to make money, they told me, blue and white Yuan, Ming and Qing porcelain kiln there, I went to the auction to pick the cheapest to buy hh so simple, people tell you how to make money foreigners! 2005 before I buy something, even if not sold, as long as predict with confidence, and reckoned not ultimately lose money.'re wrong film in Hong Kong after 05 something back , on the when those foreign devils, people earn enough to start Paohuo, we went to take a single hh Road investment intuition and courage of the pioneers, as well as lessons learned that thorough and sensitive when I am afraid that in theory, clearly and logically than many theorists have a hundred times stronger.
do not know is unintentional or intentional, Bao Dong help me find a local interview with the second object, the situation seems much worse than his. It is also a private entrepreneur, surnamed Fang, general manager of a plastics products company. to see him before I asked Bao Dong Three do not do: there is no money do not ask, do not tell other people's collections are true or false, do not ask how to do in the future. I found each other and not so depressed Bao Dong said. his character quite cheerful, and not taboo to talk about how their own mistakes. to meet him to put it bluntly: , only one word mm lose! enterprises lose money, debt management .07 funds continued real estate crisis is not the end, I became engaged in the project schedule, low income to the bank loan, there are several hundred million not 10 antique cast by the Treasury in the hh the first few years I hear you say, it is praise me! now called me to say it is, ridicule me! is the total abalone tell you, right? Do not listen to the old Martin hype! He also hit a large number of antiques in his hand, even worse than me, he on the pirate ship earlier than I, bought more than I am at least 10 million or more. We were all in accordance with the investment patterns of foreign entrepreneurs, out of total assets 1 / 3 Investment antiques. old Martin probably run one or two million, and earned a the million, there are several hundred million in the coffers to sleep 10! few days ago, a few things he wanted to transfer me, which I have money? complete go in, I would like to sell it out! which sold out? I used to do 10 years before the plastics industry earned profits hit three campaign wins a defeat. think ah hh6 thousands of points to escape the stock market, 2 million points to escape the property market, 100 million points burst into the film field, or away from the hammer not open word mm quilt! say is on the old Martin's when he saw he bought a jar, half earn more than 1000 million, just like I go up without thinking. In the three years 06,07,08 I breath from Christie's and Sotheby's take back several hundred million of antiques, was still in possession of the United Kingdom and Taiwan, bought a house several hundred million, is largely the Ming and Qing Guan porcelain and jade. addicted to that stuff you know it? normal heart will think that the price too fast, I will not take over the last bar? But as long as a field on the film, people go crazy, crazy, one would like to beat the last competitors to enjoy the kind of pleasure mm thunderous applause, the reporters came up cotton, flash in the face painting flowers hh
situation got more than an invitation, friends would call, they ask each other: l You receive the invitation did not ah? When are you leaving Hong Kong, ah? go together! r curious coincidence, do not have to go, do not lose face ah! fear that other people see to foreign auction house owner, said a party how did l come? money chant! r then if money is not money, is the face. Sometimes one of convenience simply on safe screw, which installed it a Qianba million in cash is common, got up and left, like my wife on the market to buy cabbage, radish-like. that more and more ghosts auction company, more refined, and now booing, a great preview to move you to the door to, and greedy you, seduce you, poor you do hh , also made the ads free of charge to businesses, such as in the hands of Wushang prices doubling itself a few years and then sell it, or run into trouble business downturn when the shortage of money, sell one or two for an emergency. not to say that works of art investment in the most secure? the stock market has had its ups and downs, real estate sold out can be rebuilt, is a non-renewable resources antique ah! does not seem such a thing, and now the economic crisis, trouble, no matter how good things are sold at good price! hh not that bluff it I tell you the truth, the past few years to overseas bidders antiques, not who does not lose money, so are reluctant to talk about this matter, but worry the hh The interview has been further confirmed, some of those treasures as bidders, private entrepreneurs fame, it seems a more than a miserable defeat, have all been So one thing I said before:
few years ago one of his clients do better business, to buy antiques more, the media called for his personal collection organized a special exhibition on the hundreds of pieces of jade from the Neolithic in court, local administrative officials down to the Ming and Qing Decoration, the time caused no small stir collectors. displayed when there are dozens of pieces of ancient Yu-amplifier placed beside the identification of the state certificate of renowned experts to participate at the launching ceremony of the market, experts also explain to the audience: Excessive obsession with collection and buy antique capital investment to the enterprise's normal production of profit, last year's financial crisis, this enterprise debt, insolvency, had to declare bankruptcy. At first, this bankrupt enterprise asset evaluation, we also hope antique archive collections, since experts had given > Who did not think things can happen, when the court expert group organized this group of jade artifacts were identified, valuation and concluded turned out to be: not jade hh . Soon, the private entrepreneurs quickly got a Several cases of wealthy collectors, ask the auction industry had engaged in domestic friends. They think: the cause of such conditions because the lack of those basic knowledge of cultural aspects, but do not know the basic rules of art and means of investment, they handicraft products or business with the idea of the past, see cheap to buy, see the prices of the to sell, buy fish to sell as shrimp. precisely because they do not know how to merchandise properties, many rich people can only make money for the blind to see follow-up, it is easy to take over the last stick. not to mention the economic crisis hit, even in the case of economic boom, the ripe apple and then a beautiful escape eventually fall to the ground from the high branches fate.
Perhaps, we can buy from overseas Chinese tycoons have applauded the Chinese cultural objects, but also reason to be increasingly forcing up the cheap Chinese antiquities worth and pride. But behind the scenes of these exciting, the reporter saw more is this huge amount of assets to pay the uneasy and painful experience.
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