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Impressionist & Modern Art Bidding Opens

|Includes: AAPL, Sotheby's (BID), EBAY

Sotheby's (NYSE:BID) Impressionist & Modern Art Day Sale is today in New York. Can't make it but want to bid? The auctioneer is working with eBay (NASDAQ:EBAY) on the sale here. They are also working with Apple (NASDAQ:AAPL) on hosting such live events via Apple TV.

Additional disclosure: Chris DeMuth Jr and Andrew Walker are portfolio managers at Rangeley Capital. We invest with a margin of safety by buying securities at discounts to their intrinsic value and unlocking that value through corporate events. To maximize returns for our investors, we reserve the right to make investment decisions regarding any security without notification except where notification is required by law.

We manage diversified portfolios with a multi-year time horizon. Positions disclosed in articles may vary in sizing, hedges, and place within the capital structure. Disclosed ideas are related to a specific price, value, and time. If any of these attributes change, then the position might change (and probably will).