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  "documentTitle": "Third Point Management | Activist Presentation Deck | 30 slides",
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  "presentationDate": "2014-04-01 00:00:00",
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  "notes": "Uses a dual-axis chart and a stacked bar chart to highlight the discrepancy between total sales and core art performance.",
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      "kind": "chart",
      "text": "But is Sotheby’s losing share in “art”?",
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      "text": "Value of auction and private sales combined only up slightly vs. 2007",
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      "text": "Flattish sales in a flattish market suggests the Company has failed to gain market share. In fact, the Company may actually be losing share in “art” given strong growth in “non-art” categories.",
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      "text": "Note: global art market data from 2007 through 2013, per TEFAF, is based on actual auction and dealer sales data, as well as projections based on the results from polling. Source: Third Point LLC; Company filings; TEFAF (The European Fine Art Foundation) Art Market Reports for 2011 through 2013",
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      "text": "Sotheby’s has generated a similar level of auction and private sales, though a closer look suggests they might be losing share in “art” given growth in other categories like jewelry",
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      "text": "Sotheby’s: Auction and Private Sales",
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