There is more to representing art than selling art. The life of the gallery is dependent on the renewal and refreshment of its artists and dealers. When that stops happening, it's the end.
In the early 1990s we witnessed the emergence of a revitalized contemporary Chinese art world that began as a reaction against the government-approved Social Realist style. Zhang Xiaogang, Huang Yong Ping, Ai WeiWei, Yue Minjun, and Wang Guangyi were among the first group of artists to establish a movement that became known as Cynical Realism.
The most wonderful time to be in the art world was in the sixties, because it wasn't a business - there was no business of doing art.
The conceptual artist Ai WeiWei illustrates the schizoid society that rapid change has produced - sometimes by reassembling Ming-style furniture into absurd and useless arrangements, or by carefully painting and antiquing a Coca-Cola logo on an ancient Chinese pot.
Art is not an investment. Art is something you buy because you are financially solvent enough to give yourself a pleasure of living with great works rather than having to just see them in museums. People who are buying art at the top of the market as an investment are foolish.
The '80s market was only a Japanese market. It was the Japanese outbidding each other for the most expensive works of art. When the Japanese economy went down the tubes, there was no one left to pay the prices that have been recorded for all of those works.
Art is a tool by which society extends its perception.
Everything happens through relationships.
People see owning a gallery as a way to get rich. I never thought that I could get rich in the art world. I wanted a life in art. I wanted to live with artists. I wanted to make beautiful shows.
I would begin by collecting lithographs and etchings. It's a way of coming in and benefiting from real quality art. Even younger artists make wonderful prints. Prints can become very valuable. That's how I began collecting.
I like the idea of a love story between men. There is a great affection between men, which exists much more in ethnic groups: Latin, Italian, Jewish.
When Nixon opened the door to China in the early 1970s, Chinese artists got their first view of the West. Suddenly five centuries of Western art lay before them as a stylistic smorgasbord. Chinese artists could reinterpret it out of admiration or try to replace it. They choose the former.
Some prescient American collectors, including Vicki and Kent Logan and Mera and Donald Rubell, began collecting Chinese art before 2000 with a genuine passion, but as the auction prices exploded everyone was beating a path to the galleries and artist studios in China. It became the 'China thing.'
As a result of World War II, European artists migrated to America, enlarging the scene and diminishing Paris as the center. America was beginning its dominance of the art world with the emergence of the Abstract Expressionists.
If Abstract Expression reached for the sublime, Pop turned ordinary imagery into icons. Roy Lichtenstein and Andy Warhol illuminated the transformative power of context and the process of reproduction. Claes Oldenburg's soft ice-cream cones and hamburgers changed sculpture from hard to soft, from stasis to transformation.