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Money is something that can be measured; art is not. It's all subjective. ”
The forties, seventies, and the nineties, when money was scarce, were great periods, when the art world retracted but it was also reborn. ”
Not to say people shouldn't get rich from art. I adore the alchemy wherein artists who cast a complex spell make rich people give them their money. (Just writing it makes me cackle.) But too many artists have been making money without magic. ”
When money and hype recede from the art world, one thing I won't miss will be what curator Francesco Bonami calls the 'Eventocracy.' All this flashy 'art-fair art' and those highly produced space-eating spectacles and installations wow you for a minute until you move on to the next adrenaline event. ”
The last time money left the art world, intrepid types maxed out their credit cards and opened galleries, and a few of them have become the best in the world. ”
Chicago seems to follow New York, and coming from New York and being in real estate, I worry about things happening in Chicago that have happened in New York. I've seen a great city like New York go downhill. It has a wonderful financial downtown, but the rest of the city is not very nice. ”
It's bad for baseball to have owners who can benefit another business by losing money in baseball. ”
I never heard of anyone saying they want to deploy their capital wisely and go buy a sports franchise. What you want to do is just not lose money. You see, I don't have to work anymore. I tell people I don't have a real job. On the other hand, I learned long ago that you can't go broke if you turn a profit. ”
When people ask me what my motivation is, I have a simple answer: money. ”
Because Tom Doherty and people like that are not stupid. If they could have streamlined their operation more to get more money out of it, they would have done it. It's not like they're a bunch of idiots. ”