Daniel Peltz
Conference Room, Providence, RI, site of Investors’ Drum Circle workshop, 1-14-13. Photo: Shirin Adhami
Daniel’s Prospectus contribution, Unrealized Gain/Loss, comes out of a cross-cultural exploration of notions of retirement and pension systems.
About the project he writes:
“In a spiritual society, one spends this life preparing for the afterlife; in a secular society, one spends this life preparing for the after-work life. But how do we insure our well being in the after-work life? What to do with all this unrealized gain and loss?
“The pair of sarongs in the image above was produced through an intensive collaboration with my TIAA-CREF retirement portfolio during a residency in Indonesia. Composed of a symbolic system derived from charts documenting the performance of my assets and allocations, each motif that makes up these cloths is a modification of an existing one in Indonesian batik design. The sarong pair is accompanied by a set of porcelain Unrealized Gain/Loss vessels for use in the making of after-work life offerings. “The success of these methods of connecting with my retirement portfolio led to the development of a series of human resources workshops for investment professionals. The workshops used percussive techniques to help employees of a Rhode Island based wealth management company to connect to the experience of gain and loss within their portfolios. The triptych video, a client of the firm, offers a glimpse into this process.
Unrealized Gain/Loss will culminate in Spring 2013 with the launch of a new public performance form, a quarterly investors’ drum circle, that will invite citizen investors to use publicly displayed market data to respond to fluctuations in their after-work life prospects. More information about these drum circles will be posted here shortly.