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  "documentTitle": "Sotheby's (BID)",
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  "authorName": "Daniel S. Loeb",
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      "text": "Category leaders like Sotheby's are responsible for expanding their respective markets. Flattish art market suggests Sotheby's has done a poor job making art more accessible and appealing to HNWIs. Even though art, in general, is perceived to be a greater store of value than most luxury products (e.g., handbags)",
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      "text": "Note: luxury market figures include apparel, perfumes and cosmetics, accessories, hard luxury and art de la table; global art market figures based on actual auction and dealer sales data, as well as projections based on the results from polling (per TEFAF). Source: Third Point LLC; Altagamma / Bain; TEFAF (The European Fine Art Foundation) Art Market Reports for 2011 through 2013",
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