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.

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

What was the significance of the Thomas Hirschhorn piece mentioned by the speaker?