A passion for food + fashion

Posts Tagged ‘TSE’


In Fashion on January 5, 2009 at 9:14 pm

stamps1What can I say? Life is better with a friend like Billy in your life. Billy and I met on a fashion shoot eight years ago when he was heading up the Muse program at LACMA. He’s an art consultant with a wicked eye and an even wickeder wardrobe. (Think tailored boys blazers, monograms, cashmere, and lots of it.) Every so often he sends me what we call “postcards,” emails loaded with completely over-the-top yet somehow sensible advice on what to wear, where to buy, and why. Here’s his latest on recession shopping. Settle in with a cuppa or cocktail, and enjoy.


My version of long-term investments has always been a well-stocked freezer. I’m not in the slightest bit knowledgeable about portfolios or solid stocks. However, I did hear Warren Buffett say recently on NPR that when times were tough he invested since bargains were to be found and always came back around. At this year’s Art Basel Miami Beach many savvy collectors were offering similar advice – great art will hold its value and galleries and dealers were making cut-rate deals left and right. It’s the same with fashion, so spend some now and freeze your credit cards again when the sales end in February.

So, before you plunder the fashion equivalent of Eastern Europe circa 1994 – Barneys, Bergdorfs and Saks – this is my advice.


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