Larry Gagosian

“Take Damien Hirst out of contemporary art history, and there's an incredible void. Great artists, like great people, have second acts.”

“Naturally, liquidity is a big factor in any market that seems to be a lot of money in the world, and there's a lot of discretionary money.”

“Good jazz has been a big part of my life as far as my interest in music, and... It's kind of weird now with music, the way technology is, with downloading and iPods and electronic distributi...”

“You have to be a little bit cautious when the market gets quite strong because there's a tendency to anoint a genius artist every other day. That would be a word of advice for the collectors...”

“Physically, it's getting impossible for me to travel that much. I want to support my artists by showing up at their openings, but I can't always be in Hong Kong one minute and Geneva the nex...”

“The art world is never going to be popular like the NFL, but more people are buying art and I think that's cushioning, to a great extent, our art-market cycles.”

“Honestly, I grew up in pretty modest circumstances. We were a middle-class family.”

“Nobody really needs a painting. It's something you kind of create value for in a way that you don't with a company. It's an act of collective faith what an object is worth. Maintaining that...”