In the July interview Stanford Business School’s Insights The art media doesn’t seem to notice that big fundraiser Ken Griffin was asked about his favorite artwork. Over the past few decades, Griffin exchange and Jackson Pollock Number 17ain a small group deal with David Geffen, the price was $500 million, which might reasonably think he already has his favorite.
Not so.
“Oh, my goodness Blue Pole,” Griffin said. That would be Jackson Pollock’s 18-foot-wide painting Blue Polethe original title No. 11, 1952completed in one year. Few jobs can better reflect Pollock’s Fling-paint-cross-in-floor technology. He achieved his mark at the age of 40 just a few years after adopting the method, and the year after Hans Namuth’s famous film captured the action.
There is only one problem. Since 1973 Blue Pole Owned by the National Gallery of Australia in Canberra, it remains the pride and joy of the museum. But at the time, neither Pollock nor Abstract Expressionism was fully encapsulated, and the purchase from New York dealer Ben Heller for about $1 million was controversial. Griffin is opinion interview. “They spent a million dollars on American paintings.” How the times changed! In 2003, the museum dedicated its entire exhibition to celebrate the 50th anniversary of the painting.
Griffin tells Titan hedge funds that have small obstacles opinion Interviewer Michael Liu[ed] Australians brought the painting back to the United States by hundreds of millions of dollars without success. ” ((Artnews Extend the museum to comment, but no replies at press time)
Kicking: Liu is Australian. “Yes, it’s in my homeland.” He hardly started his next question – “What is the characteristic that separates a good investor from a legend?” – Griffin cuts him off: “Wait, do you have that damn painting?”
