Chip is forever. Once investors take a position in you, your positionability is never relinquished. Your prices can go up and down.

People can say “You really want his red period, or his wood period.” But no one says, “Yeah he sucks now, what a mistake that was.” Because they’re financially invested, and people in such high economic echelons don’t ever throw money away like that. 

They’ll spend $50,000 a night to dock a yacht. But they won’t admit their $10,000,000 position in an artist was a mistake – with the result that the artist’s work remains a good investment.