I'll concede that this...

...painting, “Untitled (New York City),” a 1968 abstract by Cy Twombly is art, but is it really worth $36.7 million? I mean, after all, Sotheby’s had it valued at $40 million.

If you think that looks like some schoolkid's scribbling on a chalk board, well, then you just don't understand abstract art.