SC&P Founder: Why I Collect Contemporary Art

The speaker discusses their journey in art collection, starting in 1997 with a passion-driven approach, amassing around 1200 pieces. They explore the concept of art as an investment, noting that many view it similarly to financial assets like bonds and gold. The speaker highlights the art market's trends, including a bull market since the early 90s, with a slight correction in 2007-2008. They observe an oversaturation in the market, leading to a correction, especially in contemporary art. Finally, the speaker shares their current focus on donating large pieces to institutions, rather than storing them, to ensure they are displayed and appreciated.

When did the speaker start collecting art, and what was their initial motivation?

• In 2000, driven by investment opportunities

• In 1997, driven by passion for art

• In 1997, driven by investment opportunities

• In 2000, driven by passion for art

What does the speaker say about the art market since the late 80s?

• It has been unpredictable

• It has remained stable

• It has been in a bull market

• It has been in a bear market

According to the speaker, what is currently happening in the art market?

• Art fairs are becoming less frequent

• The market is experiencing a correction

• High-end art is losing value

• There is a shortage of art dealers

What is the speaker's current approach to their art collection?

• They are selling their collection

• They are donating pieces to institutions

• They are storing art for future sale

• They are actively buying new pieces

Which artist's work did the speaker recently have displayed after being in storage?

• Andy Warhol

• Thomas Hirschhorn

• Vincent van Gogh

• Pablo Picasso