Buy High, Sell Low?

Dotcom pioneer Halsey Minor bought millions of dollars worth of paintings at the top of the market. Now he has another venture to fund, and he’s selling off his art. “Mr. Minor stands to lose about $13 million on the Christie’s sale alone, scheduled for Thursday. And experts speculate that he has already lost $10 million on paintings the Gerald Peters Gallery recently sold privately, including works by Hopper and Hartley.”