I look at value investing as an art. Looking at the market is like looking at messed up art. It is confusing if you look at it superficially. But instead of looking at the picture right side up, you need to turn the picture upside down, then you understand it for what it is and see it in its true form. and you see its real beauty.
As far as what other people consider art...honestly i look at that stuff and think wtf is this. Most artists were hermits/lonely/disturbed people who nobody paid attention to when they were alive. Then after they die young from depression or drug abuse, they become special and people attach all these meanings to the work they did and their paintings sell for millions. Ask someone who likes art about a specific art piece and why they like it...their response will be borderline bi-polar and something like "oh when i look at this i see this this but i also see that and it makes me feel like this but it also makes me feel like that". C'mon now, you don't need art you need medication. The worst part is these same people who worship these artists would never have paid attention to these people when they were alive.
Value investing is true art (or inventions like cars, planes etc the people who invented these things were bad ass artists).......and if you get the art right you get paid....real artists get paid when they are alive.
I would short the whole art market if i could.
This reads like some punk rocker writing about classic music. "pianos, who needs that crap? Melodies? They're worthless!"
I appreciate art. Like anything there are a lot of different styles. I acknowledge and appreciate the talent that went into sculpting, or creating lifelike statues out of marble. Think of the challenge in taking a piece of rock and making it look like a person. I also like landscapes and paintings about specific things. My guess is you're ranting about modern art. Most seems strange, but some is fascinating.
Art is a medium for an artist to tell a story. I personally enjoy writing, that's the medium I use. Others use a paint brush, or chisel, or musical instrument. If you view art in this context I think it's easier to appreciate.
Most on here probably agree with you. I enjoy lingering at art museums, looking at the paintings and imagining the emotion that created the picture. My wife will breeze through "looks good, where's the exit?"
Art is a medium to be respected. It's one of the only timeless artifacts. Reading 10-K's and investing? No one will care in 500 years. Statues and monuments created today might persist for a thousand years or more. We are still analyzing cave paintings from 10s of thousands of years ago. Ponder that for a few minutes. For most of us 100% of what we create will fade into the wind. But paintings in a cave still have meaning.