Damien Hirst isn't the least bit troubled about last week's disappointing art auctions, or that one of his own works, a painting of four skulls called "Beautiful Artemis Thor Neptune Odin Delusional Sapphic Inspirational Hypnosis Painting," found no takers. It's actually a good thing! Hirst now says the art market was overpriced up until recently, and that his painting wasn't worth $3 million anyway: "It was bought from me less than a year ago at half the price. In a way it's good. We are looking at more realistic prices. People who bought things are not going to sell them that day. That is what an artist wants, for people to hang the works on their wall." Perhaps this means that Hirst, who is now reportedly worth more than $350 million, is planning to issue refunds to collectors who bought in at the peak? Not so much! "Art is worth what the next guy is prepared to pay," he says. But he does plan to adjust prices when he unveils his next batch of work. "If I want to sell new work, I'll price it lower."