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Satisfaction and lasting relationships rely on one habit

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couple

Think back to the last time your partner did something nice for you.

Now think about how you reacted to that little act of kindness.

Research suggests that people who are grateful — not just by saying a quick "thanks" but also by internally processing that gratitude — get a happiness boost.

More importantly, they also tend to feel more connected to their significant other and better about their relationship overall.

A recent study by Sara Algoe, a psychologist at the University of North Carolina at Chapel Hill, found that on days when partners reported feeling more grateful for their significant other's acts of kindness, they also reported feeling more connected to that person. 

In other words, what mattered wasn't how often someone in the relationship did a thoughtful thing — it was how grateful the partner reported feeling about it. 

Amie Gordon, a psychologist at the University of California at Berkeley, has also studied how gratitude can affect couples. In a series of studies, she found that the more grateful couples said they were the time she first questioned them, the more likely they were to still be in that same relationship nine months later.

It's not just about saying thank you

couple autumnPsychologically speaking, processing gratitude may be different than simply expressing it. So rather than simply saying "thank you" to the person who held the door open, try focusing on how you feel about the person who did that kind act.

"My definition of gratitude," writes Gordon in a blog post for Psychology Today, "includes appreciating not just what your partner does, but who they are as a person. You're not just thankful that your partner took out the trash — you're thankful that you have a partner who is thoughtful enough to know you hate taking out the trash."

Researchsuggests that one of the reasons being grateful feels so good is because it helps kick-start a cycle of positive vibes. In other words, when we start beinggrateful, we're more likely to continue to feel positive in the minutes or months ahead. 

And the people around us probably feel it too.

UP NEXT: Scientists say one behavior is the 'kiss of death' for a relationship

DON'T MISS: Surprising science-backed ways to boost your mood

Join the conversation about this story »

NOW WATCH: The one strategy couples should use to survive tough times in a relationship











14 luxurious travel packages you can take for an unforgettable winter

The 25 most successful 'Saturday Night Live' alumni

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Tina Fey

The 41st season of "Saturday Night Live" is in full swing. It kicked off a month ago with host and musical guest Miley Cyrus and a visit from Democratic presidential candidate Hillary Clinton, and the upcoming November 7 show will feature the ever combative and colorful Republican presidential hopeful Donald Trump. 

The sketch-comedy show has been a pop-culture fixture since creator and executive producer Lorne Michaels started it in 1975, satirizing everything from politics to religion and hosting everyone from pop stars to presidents. But perhaps more significantly, it's served as a school of comedy that has launched the careers of many of the biggest names in entertainment.

From Adam Sandler and Mike Meyers to Amy Poehler and Jimmy Fallon, we've rounded up a list of the former cast members who've flourished the most outside of the show that made them famous. 

Our list includes living SNL alumni who've achieved significant commercial success in Hollywood, whether in film, television, or both. We excluded any cast members who were on the show for one season or less (looking at you, Chevy Chase and Robert Downey Jr.) and didn't include any cast members currently on the show. 

Here are the 24 most successful SNL alumni (ordered from newest to oldest), what they did on the show, and what they're up to now:

SEE ALSO: The 25 funniest SNL cast members of all time, ranked

SEE ALSO: Here's the grueling and intense process it takes to put together one episode of "Saturday Night Live"

Seth Meyers

Years on SNL: 2001-2014

Seth Meyers was a fixture behind the scenes at SNL, where he was a writing supervisor and cohead writer with fellow cast member Tina Fey, who later credited him with writing her viral Sarah Palin impressions. Meyers has been nominated nine times for Emmy Awards for his work as a writer on SNL. He was also the longest-running coanchor of Weekend Update, where he wittily criticized issues in politics and news for eight years.

Upon leaving SNL in 2014, Meyers succeeded Jimmy Fallon as host of NBC's "Late Night," welcoming fellow SNL Weekend Update coanchor Amy Poehler as his first guest.



Bill Hader

Years on SNL: 2005-2013

Hader gained fame for his portfolio of impressions, including Al Pacino, Keith Morrison, and James Carville. But his most popular and beloved recurring role was Stefon, Weekend Update's flamboyant New York City correspondent. He also starred in the hit sketch, The Californians.

During his tenure at SNL, Hader had supporting roles in several hit comedies like "Superbad," "Forgetting Sarah Marshall," and "Tropic Thunder." Since leaving SNL for Hollywood, he's starred alongside Amy Schumer in the box-office hit "Trainwreck," lent his voice to Pixar's "Inside Out," and acted in "The To Do List," an indie comedy his wife wrote and directed. 



Jason Sudeikis

Years on SNL: 2005-2013

Jason Sudeikis started as a writer on SNL in 2003, and within two years he became a featured cast member. He excelled at impressions of politicians Mitt Romney and Joe Biden as well as a handful of personalities that appeared in a popular sketch with Kristen Wiig called Two A-Holes.

During his tenure on SNL, Sudeikis starred in hit comedies "The Campaign," "Hall Pass," "The Bounty Hunter," "We're the Millers," and both "Horrible Bosses" films. From 2009 to 2013, he voiced a lead character in "Family Guy" spinoff "The Cleveland Show," and he also had a dozen-episode guest role on Tina Fey's "30 Rock."

Sudeikis has several movies in the works, including a comedy called "Masterminds" costarring Wiig.



See the rest of the story at Business Insider








You've been fighting morning breath all wrong

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Man Holding Breath

Take note, Listerine.

In the near future, the cause of our stinky morning breath could be the thing that helps us beat it.

Our body is filled with trillions microorganisms. Some of those microbes hang out in our mouth, which is nice and humid. While we sleep, our mouths sometimes dry out, which can kill off some good bacteria and cause gas-emitting bacteria to thrive. That's the reason you sometimes wake up with a putrid-smelling mouth.

But, there's a solution, and its name is Streptococcous salivarius K12. Researchers think the bacteria strain could soon be put into a lozenge or spray and used as a probiotic, or beneficial mix of bacteria, to knock out the bad bacteria that causes bad breath. 

The delicate balance of microbes living inside each one of us, collectively called our microbiome, help keep our body running. Unfortunately, things we do — like taking antibiotics, for example — can wipe out many of these beneficial microbes, throwing off the balance.

Susan Perkins, one of the curators of a recent exhibit at the American Museum of Natural History focused on the microbiome, told Business Insider she wouldn't be surprised if we started using bacteria to treat morning breath within the year.

A 2006 study of 23 people with halitosis, or bad breath, found that those given S. salivarius K12 lozenges had lower levels of smelly breathThe participants started by using an antimicrobial mouthwash followed by either a placebo lozenge or one with Ssalivarius K12. They found that the addition of the bacteria reduced the levels of smelly breath better than the mouthwash on its own. 

Ideally, this probiotic could be used in addition to mouth washes like Listerine, which kill all the bacteria — good and bad — in your mouth. Andrea Azcarate-Peril, the director of the University of North Carolina's Microbiome Research Core, told Business Insider that antibacterial solutions like mouthwash and hand sanitizer are being overused to the point where they could be doing more harm than good.

"We are just too clean," she said.

But probiotics aren't a perfect solution either. At least not yet. We still don't know everything about the bacteria in our bodies, and not every probiotic works for every person. Plus, probiotics still aren't regulated by the FDA, so it's a little tricky to know if the supplements people are taking are actually doing what they say they are. 

Even so, the probiotics industry is expanding. The hope is to eventually use these probiotics to treat everything from cancer to bad body odor, said Perkins.

In the meantime, keep your eye out for Ssalivarius K12. 

NEXT: The bacteria in your belly can determine what diet will work best for you

CHECK OUT: 30 mind-blowing facts about the microbes that live inside of you

Join the conversation about this story »

NOW WATCH: We found out if the 5-second rule is a real thing










A sign that the world's richest are about to hit a rough patch (BID)

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rich ladies ascot rain

Quietly, over the last three months, Sotheby's auction house has seen its stock lose a quarter of its value.

This is, in large part, due to its high-end clients. Something is about to happen to them.

The polite way to say it is that — as Sotheby's CEO Tad Smith put it earlier this month — they are about to get more "discerning."

The frank way to say it is that they're about to get walloped by this year's choppy markets. 

Sotheby's stock price is warning of this. Yes, we're seeing record-breaking sales for some items, like a Modigliani painting sold by rival Christie's for $170 million earlier this month, but if you look below that tier the picture isn't so great. 

"The Modigliani sold last week for $170 million, but we're seeing second-tier artists and second-tier works by the best artists starting to slide down in price," billionaire hedge fund manager and art collector Ken Griffin said in a CNBC interview this week.

sotheby's YTD

Cycles

For years, some have said that we are in the midst of an asset bubble spurred on by the Federal Reserve's low interest rate policy.

"When you keep the price of money at zero, all sorts of silly things start to happen," said Ruchir Sharma, head of emerging markets and global macro at Morgan Stanley Investment Management at a Bloomberg conference in October.

As that policy changes, that bubble will pop. And a recession is due anyway. 

 "We've experienced a global recession once every seven to eight years over the last 50 years," Sharma said. "The last time we had that was '07-'08, but that was an extreme outcome. This global expansion is in its seventh year, so we have to be careful."

Kindly see yourselves out 

Sotheby's, which reported a $17.9 million net loss for the third-quarter, is preparing for a slump in some ways.

Last week the company said it will offer its employees "voluntary separation incentive programs" in certain regions. In other words, it will pay its employees to leave. 

But, in other ways, it's actually taking on more risk even as odds for a downturn rise. 

The buyout offer above was not extended to employees in Sotheby's financing unit. This is a part of the business that has exploded since hedge fund activist investors like Third Point's Dan Loeb and Mercato Capital's Mick McGuire got involved with Sotheby's, and Smith took over as the company's CEO.

It's not nearly as big as the auction segment of the business, but the margins are better.

According to Moody's, Sotheby's has more than doubled its borrowing capacity in order to support the finance segment. This, the ratings agency says, has the potential to double Sotheby's loan portfolio to $1.3 billion.

"There is a risk that to drive this stronger growth for its lending portfolio, Sotheby’s could choose to increase the loan-to-value it tolerates or extend credit to individuals with a more risky credit profile,"  Moody's said. "In fact, Sotheby’s revolving credit facility now allows it to have a loan to value (LTV) of up to 60%, compared to 50% previously. This could potentially result in an erosion in the collateral value cushion during the next cyclical downturn or prompt an increase in the level of its loan losses."

Sotheby's said in government documents that "in rare circumstances, loans are also made at an initial LTV ratio higher than 60%."

Moody's also points out that since Sotheby's is very much in the relationship building business, it's very likely that it will continue to extend credit to people through a downturn.

That this downturn is coming is still only a possibility, not a certainty, of course. But Sotheby's own shares are a warning sign.

Short seller Jim Chanos shared this chart proving that point with Business Insider last year.

sothebys chart

If you buy this, you may also buy that Sotheby's has taken on more risk just as we're about to head into a downturn that will rough up even some of the wealthiest people on the planet.

Rough, of course, being a relative term.

Join the conversation about this story »

NOW WATCH: This giant blue diamond could sell for up to $55 million










20 fascinating facts that make you think twice

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Old library

The world is a fascinating place, and it's full of weird and interesting facts that you might have never realized were true.

Luckily, the folks over at Reddit have a collection of true facts about life, and we've combed through them to find our favorites.

From a creature that can survive the harsh vacuum of space to the odd state sport of Maryland, you're bound to learn something that makes you think twice.

Cleopatra lived closer in time to the Moon landing than to the construction of the Great Pyramid of Giza.

Source: Reddit/StickleyMan



A mantis shrimp can swing its claw so fast it boils the water around it and creates a flash of light.

Source: Reddit/jicty



The Spanish national anthem has no words.

Source: Reddit/ricick



See the rest of the story at Business Insider








JAMES ALTUCHER: The American Dream is a lie

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Podcaster and blogger James Altucher thinks that people who buy into and work towards achieving the concept of the American Dream should reassess the meaning of the phrase. 

Altucher is a bestselling author, entrepreneur, angel investor and former hedge fund manager. His podcast and blog teach the lessons he's learned about money, health and happiness after having it all, losing it, and getting it back again.

Produced by Graham Flanagan

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The 24 most powerful people in America

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warren buffett

Business Insider recently released its list of the 50 most powerful people in the world, and almost half hail from the United States.

Between political leaders, billionaires, CEOs, and entertainers, the world's top superpower is chock-full of people who possess the potent combination of money and influence that enables them to help shape the world.

To determine our ranking, we considered more than 100 of the most influential players in business, politics, and entertainment, and evaluated their influence using metrics in four major areas: economic power, command, newsworthiness, and impact — a subjective measure that captures how important they are in their respective spheres. We then pulled the top-ranking Americans and re-ordered the list. You can read the full methodology here.

US President Barack Obama topped the entire list. Business mogul Warren Buffett came in at No. 2 in the US, and fifth overall. Read on to see which other Americans command serious power.

Editing by Alex Morrell with additional research by Andy Kiersz.

SEE ALSO: The 50 most powerful people in the world

DON'T MISS: The 50 most powerful companies in America

24. Jay Z and Beyoncé

Titles: Singer (Beyoncé), rapper and entrepreneur (Jay Z)

Country: US

Age: 34 (Beyoncé), 45 (Jay Z)

Music's biggest power couple, Beyoncé and Jay Z turn nearly everything they touch into gold, which has helped them mint a combined fortune of $950 million.

Beyoncé shocked the music industry in 2013 when she released an album on iTunes without promotion — it went on to sell over 5 million copies thanks to hits like "Drunk in Love" and "Partition."

Jay Z is consistently one of the highest earners in music, reportedly raking in $56 million last year through his many ventures, including his Roc Nation music label and its sports division. Though his streaming service, Tidal, encountered some turbulencethe hip-hop mogul himself forgot he owned it— Jay Z is still just about everywhere in the entertainment industry.



23. Sheldon Adelson

Title: Chairman, CEO of Las Vegas Sands

Country: US

Age: 82

The "King of Las Vegas" is expected to dole out millions by this time next year, taking a gamble on one of his favorite things: politics. The casino magnate, who owns 13 private jets, is a staunch supporter of the Republican party, famously donating tens of millions from his $25 billion fortune to past candidates such as Newt Gingrich.

For his day job, he runs Las Vegas Sands — parent of the Venetian Resort and Casino and Sands China, a subsidiary that's planning to open its fifth casino in Macau next year. And while Adelson’s vision to make China the gambling capital of the world isn't outlandish considering his industry dominance, it may not pan out under political restrictions and President Xi Jinping's push to make Macau a family-friendly destination. Amid the flux, Sheldon’s fortune has reportedly lost several billions in the past year after a 25% decline in the price of Las Vegas Sands stock.



22. Ginni Rometty

Title: Chairman, CEO of IBM

Country: US

Age: 58

Last year, IBM CEO Ginni Rometty had to break some tough news: The tech company would be abandoning its years-long promise to hit $20 earnings per share by 2015. But the company's top leader has hatched a new plan: IBM will invest $4 billion to grow $40 billion in revenue in areas such as cloud computing, mobile, and big data by 2018. The plan would nearly double what IBM is making in these markets now, though it also means straying from the hardware focus that's defined IBM for decades.

Rometty's mandate is to keep one of tech's most iconic companies — which employs 380,000 people, on par in size with the population of New Orleans — relevant and profitable for the long haul, even if it means changing some of the most fundamental things about the company. The IBM lifer isn't apologizing for adapting. "Reinvention is not about protecting your past," she said at the Fortune Global Forum earlier this year.



See the rest of the story at Business Insider









There's a new 'female-friendly' restaurant in Virginia — here's what it's like

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Matchbox American Kitchen + SpiritA new restaurant in Virginia is hoping to attract a market that makes up 51% of the US: women.

A Matchbox American Kitchen + Spirit location in Ashburn, Virginia, that opened earlier this week is being touted as “female-friendly” by Matchbox Food Group CEO Ty Neal, reports Northern Virginia Magazine.

The aspects of “Matchbox 2.0” intended to appeal to women include more health-conscious options and specialty salads. The portions are also smaller. 

According to Neal, the new location will have the best bar Matchbox Food Group has ever built. It also has an open kitchen, with a modern design that the Northern Virginia Magazine says is “much like the trendy lofts millennials crave with exposed ductwork.”

upstairs @ the "kitchen table" in the new mb @oneloudoun!! ask for it by name! #ashburnva #loudoun #loudouncounty

A photo posted by matchbox restaurants (@matchbox369) on Nov 16, 2015 at 3:28pm PST on

Matchbox is known for its pizzas and burgers, though the new location has a number of new trendy offerings (perhaps attempting to appeal to female clientele), including spicy tuna tartare, beet and burrata salad, and whipped ricotta fettuccini.

STK Milan

Matchbox is far from the first restaurant attempting to attract female customers in a slightly ham-fisted manner.

A huge part of the business model of steakhouses STK and Eva Longoria’s shuttered SHe has been marketing food traditionally associated with male customers to women. While it clearly didn’t work out well with SHe, which labeled steaks He-Cuts, She-Cuts, and We-Cuts, STKs today has about a dozen locations around the world.

Join the conversation about this story »

NOW WATCH: Try this renowned steakhouse marinade recipe for the ultimate steak










25 ways to be happy, according to scientists

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don draper meditation mad men

We all have a remarkable capacity to make ourselves happier.

Each of the little things we do to boost our mood — from reading an adventure story to keeping a gratitude journal or even gazing up at the stars on a clear night — can add up to greater overall satisfaction.

But happiness doesn't come easy. We have to work at it. 

Here are some of the things that psychologists and social science researchers have found that have the power to lift your spirits and keep them high. Take a look:

UP NEXT: 17 'healthy habits' you're better off giving up

SEE ALSO: 35 science 'facts' that are totally wrong

Write down 3 things you're grateful for.

Keeping tabs on the things you feel lucky to have in your life is a great way to boost your mood.

In a recent study from psychologists at UC Davis, researchers had 3 groups of volunteers keep weekly journals focused on a single topic. While one group wrote about major events that had happened that week, the second group wrote about hassles they'd experienced, and the last group wrote about things they were grateful for.

Ten weeks later, those in the gratitude-journal group reported feeling more optimistic and more satisfied with their lives than those in any of the other groups and reported fewer physical symptoms of discomfort, from runny noses to headaches.



Go on a hike or gaze up at the stars on a clear night.

Awe is a powerful — even awesome, you might say — human emotion. And a handful of recent studies have found a link between experiencing a sense of awe — that feeling you get when you look up at a starry sky or out across a wide open valley — with feeling less stressed and more satisfied.

People who've recently had an awe-inspiring experience are also more likely to say they feel more curious about the world around them and to act more generously toward others.



Move to Switzerland.

Ok, moving to Switzerland might not make you happy, but people who live there are some of the happiest in the world, according to the 2015 World Happiness Report, a ranking compiled by an international team of economists, neuroscientists, and statisticians to measure global well-being.

One of the report's key findings, based on decades of neuroscientific and psychological research, suggests that keeping the brain happy relies on 4 main factors, which include staying positive, recovering from negative feelings, spending time with loved ones, and being mindful.

"These findings highlight the view that happiness and well-being are best regarded as skills that can be enhanced through training," the researchers write in their report.



See the rest of the story at Business Insider








The 19 coolest new businesses in San Francisco

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Graphics_Coolest businesses in SF

San Francisco has long been the hub for huge Silicon Valley tech companies — but it's also home to some seriously cool local businesses.

From a 2.5-ton mobile pizza oven and a beef-jerky bar to the city's first indoor golf course, we're highlighting some of the newest and coolest businesses in San Francisco.

Scroll through to check them out.

SEE ALSO: The 5 most unusual tasting menus in San Francisco

NOW CHECK OUT: The 16 coolest new businesses in Portland

Ampersand

80 Albion St., ​The Mission

What it is: A mood-boosting flower shop and studio.

Why it's cool: Step through the shop's unmistakable bright-turquoise doors and into a design studio and flower shop that feels like a fresh and fun gathering space. Ampersand sells California-grown flowers by the stem and designs for weddings, and it puts together custom arrangements and wreaths too.

Ampersand's customers praise the shop's owners, Benjamin and Emerson, for their expertise, originality, and charm.



Del Popolo

Around SF and (coming soon to) 855 Bush St., Dogpatch

What it is: A 2.5-ton pizza oven on wheels.

Why it's cool: Chef Jon Darsky has been serving Neapolitan-style pizza from a 5,000-pound wood-fired oven housed in a 20-foot shipping container since 2012, earning a mass of Bay Area loyalists. Del Popolo — Italian for "of the people" — is so popular the team behind the pies is planning to open its first brick-and-mortar location by the end of the year.

While the forthcoming restaurant will feature the food truck's signature thin-crust, natural- yeast pizza, it's adding to the menu Italian appetizers and salads and more beer and wine.



Eatsa

121 Spear St., SoMa

What it is: A restaurant where robots serve quinoa bowls.

Why it's cool: This vegetarian restaurant specializes in $7 quinoa bowls that use fresh ingredients. Quinoa is a superfood that requires far less energy to produce than any animal-based proteins, according to Eatsa's website, making it good for both people and the planet.

Eatsa uses technology to automate its two-step process: Customers place their order on an iPad, then they wait for their name to appear on an LCD-screened cubby when the order's up. Of course there's kitchen staff creating each meal behind the scenes, but the illusion of being served by a robot is what makes this fast-casual restaurant one of a kind.



See the rest of the story at Business Insider








The largest airplane ever built has a wingspan that’s nearly the length of a football field

A billionaire hedge fund manager explains what is freaking him out about the art market

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Ken Griffin

Ken Griffin, the billionaire founder of the hedge fund Citadel, was collecting art before it was cool on Wall Street.

Now he's concerned that his peers who have jumped into the art market are doing it for the wrong reasons — they consider it an investment.

"The art market is now viewed as a market," he said Thursday in an interview with CNBC's Kate Kelly. "When I started collecting art 20 years ago, it was really a market dominated by collectors. Today we're seeing far more people pursuing art as an investment. I would have some cause for concern around that."

The problem with seeing art as an investment is that it is an opaque market. There's not enough information out in the public to really understand the future value of an asset.

Two professors at New York University's Stern School of Business, Jianping Mei and Michael Moses, developed their own valuation method — the Mei Moses Art Indexes — after writing a paper called "Art as an Investment and the Underperformance of Masterpieces" in 2002.

The idea behind the indexes was to bring more clarity to price discovery by putting sales data in one place.

"Two major obstacles in analyzing the art market are heterogeneity of artworks and infrequency of trading," the paper said. "The present paper overcomes these problems by constructing a new repeated-sales data set based on auction art price records at the New York Public Library as well as the Watson Library at the Metropolitan Museum of Art."

Sounds great, but it's not enough.

modigliani nude paintingMei and Moses will tell you that even with the information they have the art market is still super secretive. Their data sets are not close to complete, and they never will be.

What's more, in the past few years sales have been moving away from big auction houses — where there's some transparency —and toward smaller art dealers. That will only make the market more difficult to track.

So what the newbies are doing, according to Griffin, is buying art based on the value of an artist's name, not based on what the buyer loves. That's adding even more price dislocation to the market.

"We're seeing the tier-one artists with their best works setting all-time record highs," Griffin said. "The Modigliani sold last week for $170 million. But we're seeing second-tier artists and second-tier works by the best artists starting to slide down in price.

"I think people should be very hesitant in thinking about art as an investment."

Join the conversation about this story »

NOW WATCH: Here are some incredible toys hedge fund boss Steve Cohen has bought with his billions










A billionaire hedge fund manager explains what is freaking him out about the art market

$
0
0

Ken Griffin

Ken Griffin, the billionaire founder of the hedge fund Citadel, was collecting art before it was cool on Wall Street.

Now he's concerned that his peers who have jumped into the art market are doing it for the wrong reasons — they consider it an investment.

"The art market is now viewed as a market," he said Thursday in an interview with CNBC's Kate Kelly. "When I started collecting art 20 years ago, it was really a market dominated by collectors. Today we're seeing far more people pursuing art as an investment. I would have some cause for concern around that."

The problem with seeing art as an investment is that it is an opaque market. There's not enough information out in the public to really understand the future value of an asset.

Two professors at New York University's Stern School of Business, Jianping Mei and Michael Moses, developed their own valuation method — the Mei Moses Art Indexes — after writing a paper called "Art as an Investment and the Underperformance of Masterpieces" in 2002.

The idea behind the indexes was to bring more clarity to price discovery by putting sales data in one place.

"Two major obstacles in analyzing the art market are heterogeneity of artworks and infrequency of trading," the paper said. "The present paper overcomes these problems by constructing a new repeated-sales data set based on auction art price records at the New York Public Library as well as the Watson Library at the Metropolitan Museum of Art."

Sounds great, but it's not enough.

modigliani nude paintingMei and Moses will tell you that even with the information they have the art market is still super secretive. Their data sets are not close to complete, and they never will be.

What's more, in the past few years sales have been moving away from big auction houses — where there's some transparency —and toward smaller art dealers. That will only make the market more difficult to track.

So what the newbies are doing, according to Griffin, is buying art based on the value of an artist's name, not based on what the buyer loves. That's adding even more price dislocation to the market.

"We're seeing the tier-one artists with their best works setting all-time record highs," Griffin said. "The Modigliani sold last week for $170 million. But we're seeing second-tier artists and second-tier works by the best artists starting to slide down in price.

"I think people should be very hesitant in thinking about art as an investment."

Join the conversation about this story »

NOW WATCH: Here are some incredible toys hedge fund boss Steve Cohen has bought with his billions










These 25-year-old BFFs are Instagram stars thanks to their crazy, creative beards

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Gay Beards

Beards have never been more in style, and a new Instagram account is taking the male facial hair trend to a whole new level.

Meet "The Gay Beards," 25-year-old gay best friends from Portland, Oregon, who spend their days ornately decorating their luxurious beards.

After starting their Instagram account in July 2014, the duo have amassed over 103,000 followers and counting.

After checking out their colorful feed and talking to the men behind the beards, we get why.

SEE ALSO: Glorious beards and mustaches took Manhattan by storm this weekend

"The Gay Beards" is a beautiful new Instagram account with 103,000 followers and counting.



The account is run by Brian Delaurenti and Johnathan Dahla from Portland, Oregon.



They're 25-year-old gay best friends with luxurious, flowing beards.



See the rest of the story at Business Insider









The American West has some of the world's most breathtaking canyons

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Western America is a region full of unique beauty, thanks, in part, to its amazing canyons.

This particular footage, shot by Metron Films, was taken in Arizona at Antelope Canyon and the Grand Canyon, as well as in Utah at Bryce Canyon.

The canyons are magical; visions of red and orange rocks that have some of the most starry night skies you'll ever see.

It's a vast expanse of otherworldly formations that you won't want to miss. 

Story by Sarah Schmalbruch and editing by Kristen Griffin

INSIDER Is on Facebook: Follow us here

SEE ALSO: See why one of the world's smallest countries is also one of the most beautiful

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The one suit that should be every guy's first

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Gray Suit

When it comes to buying a first suit, many guys have no idea where to start.

But it's actually easy: There's really only one clear option.

For their first suit, every guy should buy a single-breasted, two-button, dark gray suit with three-inch notch lapels in the $500-750 range.

And here's why it has to be that way:

  • Why gray? Because black is too formal for some settings and earth tones can be too informal. This is your first and only suit. You need to be able to wear it anywhere. Navy is also acceptable, but it won't serve as well if you have a funeral to attend.
  • Why single-breasted, two-button? Because single-breasted, two-button jackets are the dominant style in most situations. Other styles may be too adventurous for some weddings, parties, or the like.
  • Why 3-inch notch lapels? Because notch lapels are preferred over the more formal peak lapels; they should measure around three inches, as skinny lapels severely limit the ties you can wear as well as take the suit's formality down another notch.
  • Why the $500-750 range? Because plenty of makers — from Suitsupply to Banana Republic — sell perfectly serviceable suits in this price range. And for your first suit, that's exactly what you need. Save patterns, other colors, and non-traditional styles for your second or third suit.

SEE ALSO: Forget everything you've heard — this is the only jacket a man needs for fall

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The Bentley Bentayga sets the stage for a new kind of hyper-luxury SUV

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Bentley Bentayga

After much teasing, Bentley's Bentayga SUV is finally here. The British luxury automaker debuted the vehicle at the 2015 Frankfurt Motor Show.

The Bentayga will join the Continental GT, Flying Spur, and the flagship Mulsanne in its lineup. With luxury SUVs now a must-have for high-end automakers, companies such as Rolls-Royce and Lamborghini have announced plans to jump into the market.

The Bentayga is the first of the three ultra-luxury SUVs to arrive over the next year or so. Bentley chairman Wolfgang Dürheimer told Business Insider earlier this year that the company will build 3,600 Bentaygas in its first year — and that the company has more orders from the US alone.

There will be more of this genre of hyper-luxury ride to come, as during the 2015-16 car show season, the world's car makers show us what they've got.

SEE ALSO: Rolls-Royce is calling this the 'sexiest' car it has ever built

The Bentley Bentayga is the first SUV to emerge from the hyper-luxury brands of the world.



The Bentayga gets its name of the Roque Bentayga, a rock formation in the Canary Islands.



Together with the Lamborghini Urus and ...



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The TAG Heuer Connected is the first smartwatch that Apple should be worried about

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Tag Connected

Touché! 

The Apple Watch was supposed to be a big threat to established Swiss watchmking brands like TAG Heuer, whose sporty timepieces often serve as entry level luxury choices for people buying their first "real" watch.

You can pick up a simple TAG Formula 1 watch, in stainless steel, quartz-powered, for less than $1,000.

A comparable Apple Watch, once you add the $450 stainless-steel bracelet, comes in around $1,000. But of course you can spend a lot less. And the Apple Watch does a whole lot more than tell the time, which is about all the TAG F1 does.

When you move up to Omegas and Rolexes, with automatic movements and much more status appeal, you're talking $4-8,000. Properly cared for, the Tag will last pretty much forever. So will the Omegas and the Rolexes. The Apple Watch, pointedly, probably won't.

But the thinking before the Apple Watch launch was that Omega and Rolex were safe, whereas TAG wasn't. If your timepiece has to say something about your taste, better to do it later with a Rolex and wear a smartwatch on a daily basis. See ya later, TAG.

TAG Heuer CEO Jean-Claude Biver clearly took this dire prediction to heart and set TAG on a course to recently introduce what to my eye looks like the first real competitor to the Apple Watch to emerge from watchmaking's traditional Swiss stronghold: the Tag Heuer Connected.

Ironic, isn't it, that the company the Apple Watch was supposed to do in (TAG is part of the luxury conglomerate LVMH) could be its first meaningful foe in the smartwatch wars?

Why is it so good?

When you get right down to it, smartwatches aren't quite ready for prime time. On CNBC, Biver noted with astonished enthusiasm that since the Apple Watch was introduced, it's sold millions of units. This from a company that had never had anything to do with watches before.

Still, even the Apple Watch is basically just a watch without an iPhone to add to its functionality. And, from my perspective, not a very good watch. I'm actually not sure that Apple even knows what do with the thing, long-term.

Apple watch

I haven't yet handled the TAG Heuer Connected, but it looks like the nicest smartwatch on the market (the $15,000 Apple Watch Edition, in gold, notwithstanding).

Critically, it isn't trying to avoid being a watch. Powered by the Android Wear operating system and Intel processors, the TAG is built like a watch, with a lightweight titanium case and a rubber strap that comes in various different colors. As with most high-end watches, there are Tag logos on the crown and the clasp on the band — small details that matter to true watch fans.

When you pick it up, it's going to feel like a real watch, although it's reportedly quite lightweight for its size, which is on the large side. But big watches are the fashion now. They provide a considerable wrist presence. And for smartwatches, bigger is probably better, given what happens on the relatively small screens. The Apple Watch, in this respect, is kind of on the small size. Look at modern-day wrist-worn dive computers: they're enormous.

The TAG Connected can't say "Swiss Made" on the dial (it's built in Asia), but it can say "Swiss Engineered" on the case. The clincher, however, is the dial, where Swiss heritage finally gets an opportunity to push back against Apple.

The Connected's face is designed to refer very explicitly to TAG's most famous watch, the Carrera chronograph, created by Jack Heuer as a tool for motorsport ("Carerra" recalls the Carerra Panamericana, a road race run in Mexico in the 1950s; the chronograph function allowed for relatively precise timing). Several additional face designs can also be activated. To be sure, the Apple Watch can show different faces and complications, but only TAG can really display, with credibility, what many watch lovers consider to be among the greatest timepiece designs in history.

Heuer Chrono

Trade up?

The Connected also comes with an interesting piece of upselling marketing: At $1,500, it isn't cheap. It will also, like all smartwatches, probably lose some functionality as it ages (it has to be recharged daily, just like the Apple Watch). But TAG has created an intriguing trade-up option. After two years, for an additional $1,500, you can unload the connected for a similar Carerra design that has a mechanical movement. 

So you wind up having spent $3,000, a bargain in the luxury watch world, for a groundbreaking smartwatch that you may not like that much plus, potentially, a well-regarded modern version of TAG's best-known watch. Sure, maybe you'll want to upgrade to the next version of the Connected, and maybe you won't. But if you don't, TAG will send you home with a fine timepiece that could last decades. Yes, a bit passive-aggressive. But also savvy.

TAG's goal here is to stay in the game as smartphones become more popular while simultaneously tapping the ambivalence that luxury watch enthusiasts have for wearable tech. If you're going to wear something, make it a great Swiss watch. And if you do that, you don't have the wrist real estate for a smartwatch.

The TAG Connected is the best of both worlds, although to be sure if you're buying a smartwatch you may decide that the Apple Watch OS is simply too compelling to avoid. That said, a product has finally hit the market that could give the Apple Watch a run for its, and your, money.

[I still haven't had a chance to check out the Connected for real, but I'm planning to over the Thanksgiving break, so check back for an update.]

SEE ALSO: Apple's new partnership with Hermès makes it clear the tech company has no idea what the Apple Watch is supposed to be

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