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Reflected World Masterpieces Investment Thoughts - The Most Compliant and Secure Cryptocurrency Trading Platform
During the National Day holiday,
due to the needs of villa design,
I talked with a teacher from the Academy of Fine Arts all day,
Among them, when using Mondrian’s abstract painting design,
we discussed an interesting story about one of Mondrian’s masterpieces,
which I think is very relevant to our investments,
and I want to share it.
Dutch painter Piet Mondrian,
March 7, 1872 – February 1, 1944,
early on studied at the Royal Academy of Art in Amsterdam,
receiving academic training,
laying a solid foundation in realism.
His early works were mostly landscapes,
showing a traditional naturalistic style.
Around 1911,
Mondrian went to Paris to study Cubism,
and his works began to become more simplified and geometric,
such as the “Still Life with Ginger Jar” series.
Later,
Mondrian gradually felt the limitations of Cubism,
and began to pursue a more fundamental artistic expression,
composed of horizontal lines,
vertical lines,
primary colors (red,
yellow,
blue), and three non-colors (white,
gray,
black), forming the “New Plasticism.”
He believed that this pure abstraction could express the harmony and order of the universe.
His iconic style works include "Composition in Red,
Yellow,
and Blue."
The “New York City No. 1” we discussed is a work by Mondrian from 1941,
composed of red,
yellow, and blue lines intersecting at right angles (see attached picture).
It was first exhibited in 1945 at the Museum of Modern Art (MoMA) in New York,
and since this painting does not bear the artist’s signature,
the initial hanging orientation was probably determined based on the artist’s name marked on the back of the frame by the estate manager,
Mondrian himself passed away in 1944,
so he couldn’t confirm in person.
It wasn’t until 2022,
on the 150th anniversary of Mondrian’s birth,
that German curator Susanna Meyer-Busser became suspicious while preparing an exhibition.
She noticed that in a 1944 magazine “Town and Country,” a photo of Mondrian’s studio,
the orientation of “New York City No. 1” on the easel was opposite to the current display orientation.
Later, through further analysis of other paintings’ features and technical means,
she confirmed the correct orientation of this painting.
From 1945 when it was first exhibited until the discovery of the issue in 2022,
a total of 77 years,
Mondrian’s “New York City No. 1” had been hung upside down for 77 years.
Even more interesting,
after the museum confirmed it had hung the painting incorrectly,
due to the fragile material of the artwork,
flipping it might cause damage from gravity,
they decided to keep the current hanging method,
making this long-standing “mistake” part of its history.
I wonder how everyone feels after hearing this story,
a fun anecdote from the art world,
after discovering the mistake,
they continued as if nothing happened,
embracing the error,
and treating it as part of the artwork’s history.
And what about investments? Investment is also an art,
so when we find out our investments are wrong,
can we also refuse to change? Yes,
many investors or speculators,
when realizing their investments are wrong,
adopt an ostrich strategy,
bury their heads in the sand,
ignoring everything,
just waiting for the day to break free.
Of course, the ending might be that after many years, they finally get out,
but by then, the company might have delisted.
A more realistic version is,
many investors don’t even realize they are wrong.
They continue to mistake speculation for investment,
holding onto long-term losses while waiting for a turnaround, thinking it’s value investing (I have emphasized before,
long-term investing does not equal value investing,
and value investing does not equal long-term investing).
Not knowing what they don’t know,
not realizing they are always making wrong investments,
this is probably the main reason most people lose money.
"Not knowing which way is up,
and which way is down,
is precisely the key."
Perhaps art museums are indeed sanctuaries for progressive thinkers,
capable of inspiring many reflections,
and what are the common mistakes in investment?
Feel free to list them, fellow enthusiasts.