Nov
26
A Bull Ready for All Comers, from Victor Niederhoffer
November 26, 2010 |
At year end 1999, I purchased a red wood bear about 10 feet high carved by a prominent American Indian sculptor as a symbol and reminder of the perils of bull markets. I placed it in a prominent spot on my driveway, and I joined it in subsequent years with several more examples of bears made with chain saws from State Agricultural fairs. Little did I think at the time, that ever since I purchased the bears, the market has not metaphorically had an up period. Indeed, in real life the market is down some 25% since I bought my first bear. and we've gone through what must be the first or second worst 10 year period in the history of the stock market. It's enough to turn one into a pessimist of the market, and to actually believe the bearish underlying view of the Triumphal Trio despite the ineluctable optimistic force of their enumerations and statistics for all existing markets.
I thought it was time to turn the situation around. Fortunately, I met Mr. Zura Bushurishvili , a sculptor, outside of his metal working shop in Williamsburg. I liked the optimistic, emotional,and representational stance of his sculptures. I retained him to sculpt a bull out of brass for me, hoping that it would be a symbol, and a sign of the turnaround. I believe he has created a masterpiece. and that it will counterbalance all the woes that the bears have caused.
An unveiling took place on Thanksgiving at a home in the suburbs and suitable words concerning the glory of skillful sculpture, bulls ready for all comers, and the dignity and value that immigrants bring to this country (Zura has been here 10 years from Georgia) were uttered.
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I was very much waiting for this final shot for almost 2 months and the result is simply unbelievable.
Zura is the dearest friend of mine and I know and appreciate his art for almost 5 years..
I value his work highly and consider him as the greatest professional and just a newcomer in a world of art with his remarkable style and manner of impression.
I congratulate everyone with this piece of symbolism he and his peers would enjoy for many years to come..
Thank you Zura being so ingenious and talented.
As a contrarian, does the arrival of the spectacular bull, very beautiful indeed, signal a move a move to the bearish side?
Or is sentiment not extreme enough yet?
so, the real truth comes out as to the cause of the market tanking since 1999…….good idea on buying the bull approach. here
something that ya can hang on the wall htpp://tinyurl.com/35j5kcj
3 better than one …sometimes