Reuters – Hedge fund manager Mick McGuire is not an art collector and has never felt the thrill of bidding in a Sotheby’s (BID.N) auction, where adrenaline spikes with each multimillion-dollar sale of a Cezanne, Rothko or Picasso.
Still, he has ideas on how the 269-year-old auction house might do better for shareholders, and since June has built up a 7 percent stake to allow him to take some of his proposals to management.
