Doubt in big book question


Why is the second bank predictable, I thought since the art world is so changeable that stock prices should not be predictable by comparison.

Oh. Wow! This is a very tricky one. So let me see if I can explain. There has been a switch in subject. The first is something about art. The second is the stock market. And what is going on is a comparison between the two.

So art world is so hard that even someone who has insider knowledge never knows what something will really end up selling for. But as crazy changing unpredictable the stock prices are, by comparison to the art prices, stocks are tame and predictable. That’s how unpredictable art market is.

Now try: insider and predictable.

Hope that helps.

Okay, now I understood it. Thank you so much!