How Can Millionaires Be So Stupid ?

A large-scale metal sculpture by American artist David Smith has become the most expensive work of contemporary art ever sold at auction, fetching 23.8 million dollars at Sotheby's in New York.

"This exceedingly rare work was the pinnacle of a four-decade career," said Tobias Meyer, Sotheby's worldwide head of contemporary art and the auctioneer for the evening.

This POS was the pinnacle of a four-decade career ?