{
  "docId": "019dd923-622b-71dc-a6db-1a1703a09996",
  "docSlug": "4a0ccfd95a60",
  "documentTitle": "Sotheby's (BID)",
  "authorId": "05_Third_Point",
  "authorName": "Daniel S. Loeb",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2014-04-01 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 11,
  "pageCount": 30,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "key_takeaways",
  "function": "quantify_opportunity",
  "density": "dense",
  "nDataPoints": 12,
  "notes": "The slide highlights the growth of the target market for Sotheby's, framing it as a structural tailwind.",
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "bar_chart_vertical",
    "bar_chart_vertical",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6db-1a1703a09996/11",
  "deckHref": "/decks/019dd923-622b-71dc-a6db-1a1703a09996",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6db-1a1703a09996.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-1a1703a09996#slide-11",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Global population of ultra high net worth individuals (\"ultra-HNWI\") and their combined aggregate wealth have increased to record levels (even before factoring in gains from 2013)",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-0393-73a7-a0ae-cd72610ddf59",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.45,
        "x": 0.51,
        "y": 0.28
      },
      "kind": "chart",
      "text": "Ultra-HNWI aggregate wealth +9% vs. 2007",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1b121ec2-2b93-413d-adb4-b5e56bd04fbf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.45,
        "x": 0.04,
        "y": 0.28
      },
      "kind": "chart",
      "text": "Ultra-HNWI +8% vs. 2007",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2ded3974-b33c-46a0-ac2c-eceb323e8487",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.92,
        "x": 0.04,
        "y": 0.86
      },
      "kind": "disclaimer",
      "text": "Note: ultra-HNWI defined as those with USD $30 million or more in investable assets; investable wealth does not include the value of personal assets and property such as primary residences, collectibles, consumables, and consumer durables; 2013 figures not yet available",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "116a2265-1ac4-415d-943f-25b9f6311fe2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Ultra-HNWI population: +9%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-0393-73a7-a0ae-d181e57d247d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.35,
        "x": 0.04,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Source: Third Point LLC; Cap Gemini World Wealth Reports 2008-2013",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e6346821-ba0c-4a1d-bbdc-de47c9b1c23e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.92,
        "x": 0.04,
        "y": 0.12
      },
      "kind": "title",
      "text": "Global population of ultra high net worth individuals (\"ultra-HNWI\") and their combined aggregate wealth have increased to record levels (even before factoring in gains from 2013)",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e0f8371d-601d-4e4a-8797-ca3ab739773b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.35,
        "x": 0.04,
        "y": 0.08
      },
      "kind": "title",
      "text": "Sotheby's: Structural Tailwinds",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "43be7250-a6f3-4c60-9d9a-7ba2974877fe",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}