Word: peyton
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Canvassing the Stars. The first survey of work by portraitist Elizabeth Peyton, who is sometimes compared to David Hockney or Edwardian-era painter John Singer Sargent, in the U.S. includes her early paintings (of Kurt Cobain and Liam Gallagher), as well as more recent works depicting significant figures in politics, art and fashion. Live Forever: Elizabeth Petyon will be at the New Museum in New York City through Jan. 11, 2009. Afterward, the exhibit will travel to Minneapolis, London and Maastrict, the Netherlands. 235 Bowery...
...pouring your passion into your favorite football or baseball teams. Or, you could buy some shares of LeBron James (ticker symbol: KING), who was up almost 400% on October 2. Or grab PMAN (no, not that's shorthand for notorious footballer Pac-Man Jones) the ticker symbol for Peyton Manning, up nearly...
...priced at $5 per share, and after that, the share price is determined by basic supply and demand. Fantasy sports enthusiasts, who are used to obsessing over player stats, may be surprised to find that prices aren't tied to specific performance criteria - touchdowns, home runs, rebounds. So if Peyton Manning throws five touchdown passes on Sunday, his price won't automatically shoot up. But if you own him at, say, $15, and a buyer (or some would say, sucker) wants to give you $20 for it, you profit...
...Therein lies the potential problem with the OneSeason concept. The market is totally dependent on the fluctuating passions of a group of people willing to play a game. An invisible share of Peyton Manning has no underlying value. "This is the ultimate 'beauty contest' market," says Raymond Sauer, a sports economist at Clemson University. "If there are no fundamentals backing it up, something like relative productivity among a pool of athletes, the market will ultimately collapse. It just seems like a very odd game to play, and to set up in the first place...
Like the patriots last year being undefeated, Tom Brady doing what he does, Peyton Manning and the Colts, San Diego Chargers coming along under Norv Turner, Dallas Cowboys last year I can see that they?re going in the right direction...