Pump & Dump Investments believes that art is a viable alternative asset class that can be exploited through strategic trading. The company purchases stocks in auction houses, art investment funds and in companies owned by major art collectors that trade on global exchanges. The investment information is exhibited through objects, installations, site-specific interventions and an eventual website, ipumpanddump.com, that maps the collectors’ links between the art world and the world of economic, social and political power. By investing directly in the art product, Pump & Dump’s aim is to help bring transparency to a market otherwise synonymous with its opacity and lack of regulation.
Los Angeles, CA
Laura Carton’s practice explores the relationship between art, economics and politics. Her work has been exhibited at the Queens Museum of Art, The Bronx Museum of the Arts, the Institute of Contemporary Art, Philadelphia, The Nelson Gallery at UC Davis, the Kunstmuseene Bergen, the Haus der Kulturen der Welt, and in galleries in New York, Los Angeles and Washington, DC. She is the recipient of a Creative Capital Foundation grant, a Jerome Foundation Travel and Study Grant, a NYFA Fellowship (Computer Arts), and was nominated for the Rema Hort Mann Foundation Grant. Stripped, a monograph of photographs, was published by Nazraeli Press in 2010. Her work is in in public and private collections in the U.S. and Europe. Born in Los Angeles, California, she received a BA in French Literature from the University of California, Berkeley and attended the Whitney Independent Study Program. She lives and works in New York.