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art collector mistake guide

The article compiles personal anecdotes from several art collectors—Laurent Asscher, Suzanne Syz, Rob and Eric Thomas-Suwall, Toby Milstein Schulman, and Danielle Falls—who share mistakes they made while building their collections. Asscher recounts buying a lesser Basquiat at Christie's before quickly reselling it to acquire a superior work at Phillips; Syz regrets buying a piece because others wanted it; the Thomas-Suwalls missed out on a Dominique Fung diptych; Schulman accidentally bought a work attributed 'after Keith Haring' at a charity auction; and Falls reflects on her early eagerness as a young trustee of the Bronx Museum.

real estate investor carl gambino young collectors

Real estate investor Carl Gambino, who splits his time between New York, Los Angeles, and Miami, discusses his art collection and approach to collecting in an interview with Cultured. Gambino, who once considered flipping art but resolved to buy for keeps, shares his early mistake of buying under social pressure at a dinner in France, a decision that left him feeling sick. He credits Kim Hastreiter of Paper magazine and Marsea Goldberg of New Image Art for teaching him to buy only what he loves. His collection features emerging painters such as Alejandro Piñeiro Bello, Cynthia Talmadge, Tianyue Zhong, and Dennis Miranda Zamorano, and he supports exhibitions including a showing of LaKela Brown at the Museum of Contemporary Art Detroit.