65. Magnus Resch

Magnus Resch is an art-market economist, serial entrepreneur, and bestselling author, as well as a Professor for art management, lecturing at Yale University. He holds a Ph.D. in economics and studied at Harvard, the LSE and University of St. Gallen. His career has been portrayed in a Harvard Business School case study and in various articles with the New York Times, Wall Street Journal, Vanity Fair, and the Financial Times. He and I discuss the difference between the art world and the art market, why artists should spend less time in their studios, finding a niche, how to make money, talent not mattering, the subjectiveness of art, collecting art at the age of 16, 100 secrets of the art world, that 90% of all artwork costs less than $10,000, and at what value art can be considered an investment! *** This episode is brought to you by Kelly Klee private insurance . Please check out their website: Kellyklee.com/Heidi and they will make a $50 donation to Artadia, an art charity I’ve recommended, per each qualified referral. This episode is brought to you by Best & Co. Please visit www.BestandCoAspen.com and use discount code Heidi2020 to receive 5% off of any item on the Best & Co. website.  If you are interested in creating a custom piece please email [email protected] and mention that you heard about Best & Co. on my podcast to receive the special discount. *** Interested in sponsoring the podcast? Please email [email protected] *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.Follow Heidi: Instagram: https://www.instagram.com/heidizuckerman/ Twitter: https://twitter.com/heidizuckerman LinkedIn: https://www.linkedin.com/in/heidi-zuckerman-a236b55/