Art Galleries
topic on 2 shows · 4 statements across 2 episodes
David Senra 
Invest Like the Best
4 statements about Art Galleries, every show
Stoute: Art galleries will lose relevance as artists demand resale carry and go direct
“You're gonna start to see that take place when artist sells work and they get a carry every time that work is sold. The galleries, which are the, at this point, necessary middleman, because the galleries are like, you wouldn't have an audience if it wasn't for…”
Naimi: Serious Art Collectors Must Own Direct Relationships, Not Rely on Advisors
“Once I spent enough time familiarizing myself with the market, I realized, like anything, if you're going to invest time and resources into something, you're better off doing the majority of the work yourself. Obviously it's good to have people like advisors w…”
Naimi: Major Art Galleries Now Represent 75 to 80 Artists
“Historically these galleries would represent 10, 15 artists. Now the bigger galleries are representing 75 to 80 artists. Smaller ones are representing 25 to 30 artists.”
Naimi: Art collectors who accept lower-tier consolation works get permanently relegated
“If they realize you're only gonna buy what you want to buy, they'll ultimately give you what you want if you play along and play ball, but if you know, you're the guy they can give second tier and third tier work to, you will always be the guy they give second…”