Joshua Kennon

This, ladies and gentlemen, is why I am rich. It’s a thing of beauty – just sit back, and watch. Ha!!! Now that the deal is closed, I can talk about it.

Scrooge McDuck by Carl Barks

You may have noticed, as Ellary emailed me a day or two ago, that we’ve been missing in action. Recently, some odd situations have developed in various markets throughout the world, some as a result of the credit crisis on Wall Street and some just because the inevitable nature of the world is that five-plus sigma events (”black swans”) occasionally manifest. This has happened in the animation world of late, especially in the works of a few key illustrators. I’ve been working with several auction representatives, including the person who headed the comic and animation division at Sotheby’s for decades, to build a collection as part of the e-commerce group’s investment portfolio. Money was reallocated from equities (actually, it was all fresh capital from operations so that’s not entirely accurate but I digress …) (more…)