I really just started buying art as a passion. I never considered it an investment, but it ended up being a good investment.
I feel funny about owning art. I don't really want to say: 'Wow, come and see my Monet - it's in a dark room at the bottom of my cellar.'
Artists need a lot of collectors, all kinds of collectors, buying their art.
There's something to be said about the art-industrial complex, the collectors who recognize that your work has some sort of future economic value.
I haven't done much art shopping in Vegas. It tends to be from galleries that are London- or L.A.- or New York-based. We've never had someone standing over our shoulder telling us something is a good investment.
Most collectors I know don't think of art as a business or as an investment.
Megacollectors suppose they can enter art history by spending astronomical amounts.
Some people buy art because they're confident that it'll be a good store value, and this is kind of a recent phenomenon.