Thank you Cheryl Karim and Ellen Hoener Ross of Gallagher for inviting me to speak this week to your young collector group. It was an honor to lead the group, and it was an exciting moment to do so, at the end of The Art Business Conference day, with so many interesting conversations fresh in mind.

The talk dealt with strategies for starting an art collection and navigating the complexities of buying art at galleries and at auction, and caring for a collection.

Among the issues discussed were: 1. defining the parameters of a collection; 2. factors that might signal potential market growth; 3. the relative advantages of buying art at auction vs. in retail contexts, for different types of work; and 4. assembling the right team to help you with your collection, including but certainly not limited to an advisor, an insurance broker, a framer, an appraiser, and logistics experts.