Investment Art Quotes

People were more interested in the phenomena than the art itself. This, combined with the growing interest in collecting art as an investment and the resultant boom in the art market, made it a difficult time for a young artist to remain sincere without becoming cynical.

I feel when you walk into somebody's apartment on Fifth Avenue or house in Malibu and you see a Basquiat, a Warhol, a Richard Prince, you say to yourself, '$700,000, $2.2 million, $350,000...' To me that is completely uninteresting. I'd rather go to a house where there's great art and I have no idea who the work is by.

This kind of painting with its large frames is a bourgeois drawing-room art. It is an art dealer's art-and that came in after the civil wars following the French Revolution.

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.

Art can retain its value and even make you some money. If you have your iPhone on you - and you probably do - look for the artist's signature, and use that to look up the artist and get a sense of the piece's value before you buy it.

I am obsessed with the painter Jonas Wood, but I don't think I'll ever be able to afford one of his paintings. He's an L.A.-based painter; his stuff is incredible.

Some people in the art world bemoan the hedge fund millionaires spending freely to acquire ostentatious displays of wealth and coolth for their giddily chic designer duplexes. Others bemoan art being treated as a commodity. But most of the bemoaning is because the art world is stuffed full of bemoaners, bemoaning about everything.

Some people buy art because they're confident that it'll be a good store value, and this is kind of a recent phenomenon.