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 custom@bestandcoaspen.com and mention that you heard about Best & Co. on my podcast to receive the special discount. *** Interested in sponsoring the podcast? Please email press@hiz.art *** 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/

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Heidi Zuckerman is a globally recognized leader in contemporary art and the first woman to build two art museums. About Art has Heidi in courageous authentic conversations with people she finds interesting to talk about their lives, values, and always about why art matters! Join Heidi, an inspiring story teller, on the journey to connect to art and make lives better!