Gerald Nestler: HEDGE AVANTGARDE, exhibition view, photo: Wolfgang Thaler
HEDGE AVANTGARDE, exhibition view
RENEGADES TRAITORS EDUCATORS. Wall text, 50 x 900 cm, 2015.. Photo: Wolfgang Thaler
HEDGE AVANTGARDE, exhibition view, photo: Wolfgang Thaler
WE TAKE YOU EVERYWHERE, BUT GET YOU NOWHERE
blackboard, chalk, mathematical formulations, 2015. Residual of the opening performance by mathematician/quant Paul Wilmott and performers Andrea Gunnlaugsdottir, Nizan Kalina and Evandro Pedroni. Quantitative derivations of risk and the volatile sequences of movements in a crowded space.
photo: Wolfgang Thaler
LA POVERA NELLA SUA CASA. Futurismo Nuovo
(contracts for the 1% and the 99% respectively). Gestell (body): original OTC derivatives contract, application form; transparent paper, glue strip, GRP-bars, aluminum tubes, rope, composite materials, copies, iron, glass, 2015.
HEDGE AVANTGARDE, exhibition view, photo: Wolfgang Thaler
HEGDE AVANTGARDE disperses the time-based flow of cinematic documentary into a spatial arrangement of material artefacts through which visitors move in time and space. Video footage, images, graphics, voice, performance, objects and texts provide the material for a query that resonates around the issue as to whether the conditions of perception and agency in the era of black boxes are being modified – if not disintegrated – into myriad derivative devices that are custom-built to exclude (capitalize) and at the same time internalize (socialize) underlying human assets. This begs the question whether an aesthetics of "resolution" could serve as a toolbox to counter proprietary schemes by employing the full purport of the term. The arbitrary, marginal but at the same time insurgent figure of the renegade – a traitor inside systems and an educator beyond their confines – is introduced as potential pharmakon against the ruptures that transform knowledge into capital and vision into social blindness.
Among other materials, the exhibition features video interviews with Haim Bodek (financial expert and whistleblower) and Randy Martin (dancer and theoretician); a mathematically-derived performance by Paul Wilmott (mathematician and expert in quantitative finance) including financialized sport equipment; educational footage by Sang Lucci about a financial transaction generating $600K profit; as well as contracts drawn up for the 1% and the 99% respectively.
THE VOLATILITY PARADIGM.
Volatility Smile: "There was no promise in it, there was nothing in it". Volatility Skew: "We were not looking at this as some kind of future".
Financial sports equipment for derivative swings in all directions including reminiscences of archetypal fortunes; skateboard, laser-engraved, varnished, 2015. photo: Wolfgang Thaler
HEDGE AVANTGARDE, exhibition view.
photo: Wolfgang Thaler
FORM TCR. TIP, COMPLAINT OR REFERRAL
official form of the US-Securities Exchange Commission (SEC). digitex print, 216 x 330 cm, 2015. photo: Wolfgang Thaler
THE NEW DERIVATIVE ORDER. Register.
Framed pigment print, 125 x 269 cm, 2014.
photo: Wolfgang Thaler
600K TRADE.
educational video by Hedge fund Sang Lucci, 12:20 min., 2015.
CONTINGENT ETHICS. Portrait of a Philosophy II
The Aesthetics of Resolution: A poiesis of turning technology into ethics. 1-channel video with Haim Bodek, sound: Szely, 2nd camera: Mathias Kessler, 44:46 min., 2014-15.
RESOLUTIONIZATIONS.
self-organized | self-regulated | mythological. Photographs of Hedge fund Sang Lucci and high-resolution visualizations of Flash Crashes (courtesy Nanex LLC), 4 prints, approx. 30 x 50 cm, 2015
CONTINGENT OPTIONALITY.
Portrait of a Philosophy Series III.
The Aesthetics of Resolution: Thinking the derivative as shared risk potentiality. 1-channel video with Randy Martin, sound: Szely, 27:45 min., 2014-15.