Financial Mines

News and notes from the business reporters for the Connecticut Media Group.

Stevie, in London, passes up on latest Hirsts

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Greenwich resident and Stamford hedge fund manager Steve Cohen was in London Wednesday browsing the Frieze Art Fair, according to Bloomberg News. My bet is he didn’t fly commercial to get to the special VIP day.

Cohen, who owns the infamous Damien Hirst sculpture with a large, dead shark floating in formaldehyde (which used to grace the foyer of SAC Capital’s Stamford offices), didn’t buy Hirst’s latest fish-in-fluid work, which boasts 400 finned species in three glass cases. It went to an Asian collector.

Stevie — and everybody else at the show, according to Bloomberg — also passed on a $6 million cabinet some 10 feet tall filled with Viagra tablets.

Now, I can see some hedge fund managers thinking that’s a pretty low co-pay for a virtually never-ending script of little blue party pills, but the art lovers at the show gave this new Hirst installation the cold shoulder. Good for them.

Categories: General

One Response

  1. aanno says:

    Why good for them?

    “but the art lovers at the show gave this new Hirst installation the cold shoulder. Good for them.”

    I don’t get it, are you lobbying against this artist’s work or are you just worried that they should save their money and not overspend? Do you dislike art or this artist’s work, or?