April 29, 2005

do not invest in this company

Guest blogger: JL of Modern Kicks

From the New York Times:

Takashi Hashiyama, president of Maspro Denkoh Corporation, an electronics company based outside of Nagoya, Japan, could not decide whether Christie's or Sotheby's should sell the company's art collection, which is worth more than $20 million, at next week's auctions in New York.

He did not split the collection - which includes an important Cézanne landscape, an early Picasso street scene and a rare van Gogh view from the artist's Paris apartment - between the two houses, as sometimes happens. Nor did he decide to abandon the auction process and sell the paintings through a private dealer.

Instead, he resorted to an ancient method of decision-making that has been time-tested on playgrounds around the world: rock breaks scissors, scissors cuts paper, paper smothers rock.

Posted by JL at April 29, 2005 6:38 AM