My comments are included in Arun Kakar’s article, May’s Record-Breaking $2.5 Billion Auction Week, Explained, published this week in Artsy:

“‘New collectors may find that they are entering a market of cautious growth,’ said advisor David Shapiro. ‘They will be wise to learn lessons from recent burst speculative market bubbles, and instead, to prioritize, as much as possible, purchases of characteristic works by artists with proven standing and strong institutional support.’”