From art advisor Thomas Seydoux, on his advice to clients after record-setting art auctions this week at Christie’s and Sotheby’s in New York this week:
Sell, sell, sell.
The Wall Street Journal, “Global Art Free-For-All Sends Prices Soaring”
http://www.wsj.com/articles/art-market-sees-new-auction-highs-new-rules-1431653315
That advice may be applicable to other asset classes as well.