Walter Annenberg Quotes

I really just started buying art as a passion. I never considered it an investment, but it ended up being a good investment.

I collect a lot of art.

I don't know a single collector or museum director who says: 'Oh, he's on a list, so I think I'll buy something of his.' The people who buy my art put a little more thought into it than that.

For me, all collecting must be done out of the love of the art. That being said, investment knowledge is absolutely mandatory so that you are really buying what you think you are buying.

Most collectors I know don't think of art as a business or as an investment.

It may be a point of great pride to have a Van Gogh on the living room wall, but the prospects of having Van Gogh himself in the living room would put a great many devoted art lovers to rout.

I would love to collect art at some point, but I think the whole rap/art world thing is getting kind of corny.

I don't buy art just to make artists happy any more than I want to make them sad if I sell their work.

A bad investment is going for quantity over quality. If you're trying to be careful with your wallet, especially with the economy right now, you have to choose staple pieces.

My mission is not to forbid French art. If the quality is there, I buy; if the quality isn't there, I don't.

I started collecting in the late 1990s. My first purchase was from an auction, a scroll by Dong Qichang, from the early 16th century, the late Ming Dynasty.

When you're buying paintings, it feels grown up.

I love art; I collect mostly modern art.

I love to collect modern art.

Art is not an investment. Art is something you buy because you are financially solvent enough to give yourself a pleasure of living with great works rather than having to just see them in museums. People who are buying art at the top of the market as an investment are foolish.

I buy some art but I don't like to talk about it.

It's sort of a law of the art world: The stuff that grows in importance is only the stuff you bought because it wowed you.

Nobody really needs a painting. It's something you kind of create value for in a way that you don't with a company. It's an act of collective faith what an object is worth. Maintaining that value system is part of what a dealer does, not just making a transaction but making sure that important art feels important.

If you have the opportunity to have the best of the artist, then if you overpay, it doesn't matter. Eventually, the market will reward you. If it raises the value of our collection, we go for it.

I especially like to collect contemporary art.

I go to museums. I buy art, even. You should see my house; we don't have any wall space left.

It wasn't that I amassed it with aims of selling it and becoming a rich man. My personality demanded that I be surrounded by the best examples of the world's art.

I'm still around artists. I don't have anymore wall space. And I don't have the money to collect anymore, the prices are outrageous.

A hundred million dollars in the art world is a substantial amount of cash to do anything.

In the art world, Monet means money.