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Hosted by David Wright, a former actuary and reinsurance broker, now a technology executive. Not Unreasonable brings you interviews covering management, analytics, sales and economics interpreted through David's insurance and reinsurance background. Subscribe in iTunes, stitcher, or by rss feed. Sign up for my newsletter here and also see us on youtube! Show notes at notunreasonable.com
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Artwork
 
The Artelligence Podcast presented by LiveArt unpacks the mysteries of the global art market through interviews with collectors, dealers, auction house specialists, lawyers, art advisors, and the myriad individuals who make the art market a beguiling mixture of sublime beauty and commercial acumen.
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Dane Jensen just opened his own art advisory firm in Los Angeles. He has worked in the art and auction industry as a curator, auction house specialist and art advisor. He became much more visible after engaging in an epic bidding war over Ernie Barnes’s The Sugar Shack II that sold to energy trader Bill Perkins for more than $15 million at Christie…
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In this podcast, David Galperin, Sotheby’s Head of Contemporary Art for the Americas talks about the success of Justin Caguiat’s work in last month’s The Now sale, the continuing success of Jadé Fadojutimi’s work and how the cycle of discovery has accelerated. Why do young artists or historically overlooked artists launch so quickly into auction sa…
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Natasha Degen is the chair of the graduate program in art market studies at FIT in New York. She has just published a book called Merchants of Style, Art and Fashion after Warhol. That subtitle doesn’t really capture the depth and nuance of her book. SHe has written an anatomy of the ways art and fashion have become intertwined in the present-day g…
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Danny heads up D&O, E&O and Cyber in the US for Trans Re, one of the market leaders in each line. In this episode we run through all the big issues in D&O: -Silicon Valley Bank and bank runs and how Directors and Officers liability underwriters are incorporating lessons Dana Hojnowski’s favorite claim. (0:00) What’s wrong with securities fraud alle…
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The New York auctions begin this week with just over 2000 lots on offer. The combined low estimate is nearly $1.37 billion dollars. If we remove the Allen collection from last November’s sales, we’re still at about the same level in terms of the value of the low estimate. If that doesn’t surprise you, you’re lucky.That means you didn’t spend three …
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When the $270 million dollar Gerald Fineberg collection was announced, Christie’s Sara Friedlander remarked that the Boston real estate developer, “bought art like a curator.” Citing his ability to go deep into key movements like the artists of Black Mountain College, the Ninth Street Women, Gutai, Pop, Minimalism, Arte Povera and the Pictures Gene…
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S.I. Newhouse Jr. was a titan of the media business in the late 20th Century, presiding over Conde Nast but also owning with his brother Donald Advance Publication’s chain of newspapers and other cable television properties and networks. He was one of the preeminent collectors of Post-war and Contemporary art. Through the painter Alexander Liberman…
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The global auction and art fair calendar hardly seems like the fascinating subject that it really is. The art world still operates on a schedule largely established decades ago. The disruption of the global pandemic seemed to offer an opportunity to reshape those assumptions. Asia has become more important and art fairs are proliferating from Seoul…
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Cecily Brown has been a prominent painter for more than a quarter century. But starting in the last 5 years, her importance in the art market has grown substantially. With the opening of Death and the Maid at New York’s Metropolitan Museum, it seemed like a good time to discuss her market. The Met show is one of only a handful of museum shows that …
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CJ Hendry is an artist “of sorts,” she says. She’s an Instagram phenom, an entrepreneur, a copyright provocateur and an impresario. Last year she converted a church in London into an immersive experience that involved a never-ending indoor “snowstorm.” This month in Brooklyn, she has created a massive indoor playground for children and adults for a…
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Editions, or the sales of prints and multiple works, is an auction category that is rarely discussed. For many artists, editioned work is a significant part of their practice. Over the last several years, there has been an explosion in interest and auction activity. In 2021, Phillips saw a record-breaking year for its Editions sales. Since then, au…
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Innovation is so important to Kenneth Noland's practice, says Pace Gallery's Alex Brown in this podcast. This month, Pace brings a show of Noland's Stripes, Plaids and Shapes to Chelsea after a successful run in their London gallery. To get a better understanding of Noland's career, we spoke with Bill Noland, the artist's son; then Alex Brown and t…
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Sara Friedlander, a deputy Chairman at Christie’s who styles herself and “art merchant,” joins LiveArt’s George O’Dell to discuss the first New York sales of 2023. The auction calendar is anchored by the May & November sales in New York but the rest of the year is a free-for-all of sales. On a year-over-year basis, the New York Contemporary art sal…
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Philip Guston Now is the biggest international retrospective of the artist's work in a generation. It's debut at the National Gallery of Art in Washington, DC this month comes shortly after the announcement of a major gift of the artist's work to the Metropolitan Museum in New York. Both the retrospective and the donation contain a considerable num…
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The art market has been holding its breath for nearly three months. How will the global economy affect the art market in 2023? With the important London auctions now on view, we speak to Sotheby's Helena Newman, Phillips's Cheyenne Westphal, Christie's Keith Gill, Olivier Camu and Tessa Lord, as well as Sotheby's James Sevier to learn more about th…
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Noah Horowitz returned to Art Basel as CEO after a year and a half away at Sotheby's. In his new role, which is also a new role for the company, Horowitz is rebuilding the Art Basel team around a strategy for a bigger art fair business with more galleries, more fairs and more opportunities. In this podcast, he talks about the importance of each fai…
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Acquavella Gallery has represented the artist Wayne Thiebaud since 2011. The artist, who died on Christmas day in 2021 at the age of 101 was serious about his art, teaching and tennis. How serious was he about his art? Thiebaud worked on one painting for 32 years. Now the Fondation Beyeler has a show of 65 works by Thiebaud that will introduce the …
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Amy Finkelstein is Professor of Economics at MIT. Amy’s research focuses on market failures and government intervention in insurance markets and she has won numerous awards include a MacArthur Fellowship and the John Bates Clark Medal. Amy is co-author with Liran Einav and Ray Fisman of the forthcoming book: “Risky Business: Why Insurance Markets F…
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One of the clear trends visible in last year’s auction data is a renewed interest in abstract painting. Bidders are pursuing a range of overlooked artists from the 1940s and 1950s. Into that trend, David Zwirner Gallery has opened a new show, Roma New York, 1953-64. The exhibition more than 50 works by 23 different artists highlights the connection…
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Who are the hottest artists at auction in 2022 whose markets are likely to continue to rise in 2023? George O'Dell talks us through the trends that emerged from looking at more than 200 artists whose overall auction prices were well above the estimates. We identified six main trends: 1) strong demand for artists who are women; 2) revivals of forgot…
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Nobody knew how to price volatility until now. I bet you're surprised! This isn't hyperbole, Steve Mildenhall and John Major have a deep and thorough understanding of all the relevant literatures and have been part of a loosely collaborative team of academics and actuaries working out the details of a coherent, actionable theoretical foundation for…
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Laura Paulson is Principal at Gagosian Art Advisory where she has recently advised on the sale of David M. Solinger's collection which featured the much-talked about Willem de Kooning "Collage." Earlier this year, Paulson also advised on the sale of the Macklowe collection which galvanized the market and was briefly the most valuable single-owner c…
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Mark Friedlander returns to talk through the changes to Florida's insurance laws. It's just about the most comprehensive reform anyone could imagine, even if all it does is put Florida residents on a similar footing to many other states! Assignment of Benefits Removal won’t be enforced until January 1, 2023. 3:35 What’s the risk of a political back…
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Do you think Florida is weird? Most everyone does. Why? Gary is the man to answer this question. Gary is Professor Emeritus of the University of South Florida and has dedicated his career to studying the social history of Florida. Here is Gary on wikipedia Here is Gary on Amazon Quote of the show: "Do crazy people immigrate to Florida or do perfect…
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Dave DeMott is President-Elect of The Florida Surplus Lines Association, Chair of the Legislative committee and sits on the national Wholesale & Specialty Insurance Association committee. Most importantly for today, Dave DeMott is a real, legit, on-the-ground insurance practitioner in Florida. He gets into the real details and war stories about ins…
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Lucius Elliott and Kelsey Leonard go through some of the sales trends in the November auctions with LiveArt's George O'Dell. David Hockney, new market share levels for female artists, Abstract and Color Field painters, Christina Quarles, Lauren Quin, Njideka Akunyili Crosby, Louise Nevelson, Andy Warhol and Salmon Toor are the artists and markets c…
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Lock Kresler is a Senior Director at Helly Nahmad Gallery in London. He's deeply involved in the private market but also spent a decade working at Christie's. In this conversation with George O'Dell of LiveArt, Kresler comments on the success of Paul G. Allen Collection, the uneven nature of this season's sales and how that will influence both the …
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The Day sales are where the art market does its business. These marathon marts are where dealers, art advisors and the occasional brave collector chase the works they believe in. Collecting trends, price movements and discoveries all take place in the day sales. LiveArt's George O'Dell, Arina Novak and Sophie Coco discuss a broad range of artists o…
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In 2022, artist Lynne Drexler's work exploded on the art market. An artist who had briefly shown in the early 1960s in New York, she continued to work on a remote island in Maine until her death in 1999. Two decades later, she became the artist of the moment. Sukanya Rajaratnam and Christine Berry have collaborated on a dual-gallery show of Drexler…
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LiveArt's sales team discussed the Paul Allen collection at Christie's, Alex Katz's market in light of his retrospective at the Guggenheim Museum, and the new record prices set for Alighiero Boetti's work in Paris and the expectation of an even bigger record in New York this month.由Marion Maneker
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Christie's Chairman Marc Porter talks about Paul Allen as a collector and the role philanthropy now plays in the sale of the major art collections of our time. Max Carter discusses the challenge of estimating a wide array of artists in a collection that ranges over hundreds of years. Led by works from Cézanne, Seurat, Gauguin, Klimt, van Gogh, Boti…
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I worry about whether we can improve the insurance system. I once wrote an essay arguing that all insurance is compelled, so the only way to get someone to buy insurance is to force them to do it. The implication is that nobody will ever do anything good without being forced. We learn some lessons the hard way but then quickly forget. What's more w…
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Mark Friendlander is Director of Corporate Communications at the Insurance Information Institute a think tank focusing on insurance education. In this episode we dig into a bunch of detail of the ways in which the insurance ecosystem in Florida is doing Floridians harm and why the world is like that. What are the root causes of the fraud in Florida…
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LiveArt's George O'Dell and Sophie Coco discuss the mood in the market. George is just back from Paris Plus, the new Art Basel fair in Paris. He gives his impressions on the difference between the Paris and London markets. Can the two fairs survive side-by-side as they have for years or will one win out? Sophie and George also assess the Fondation …
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Joe Petrelli founded Demotech, the rating agency that dominates the solvency assessment market for Florida's homeowners insurance market. This year (2022) he has found himself the bearer of bad news: that many of Florida's domestic insurance companies have not met Demotech's standards. At least six insurance companies went insolvent this year with …
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Fresh off Sotheby's strongest Frieze-week sales ever, James Sevier discusses the state of the Contemporary art market. London was filled with eager buyers who packed the fairs and auctions. More than $257 million was spent at auction and there's no telling how much more changed hands at the various fairs and galleries in London. In this conversatio…
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LiveArt's sales team of George O'Dell, Adam Rutledge, Sophie Coco and Arina Novak discuss Sotheby's Hong Kong Contemporary art sale where $81m in art was sold but the bidding was lackluster overall. Still, there were strong sales for Emily Mae Smith, Maria Berrio, Lynne Drexler, Lucy Bull and Louise Bonnet. Then the discussion shifts to what the sa…
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Brian Nosek, has been at the center of the two most important recent social revolutions in academia. First is implicit bias where Brian co-founded Project Implicit http://projectimplicit.net/ based on a pretty incredible idea: that we don't do what we say we value. The concept of implict bias has really taken off and the practice of implicit bias d…
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Isa Lorenzo founded Silverlens Galleries in Manila in 2004. She was joined three years later by co-Director Rachel Rillo. Together they built an innovative gallery program in Manila and on the global art fair circuit. After partnering with galleries around the world for several years, Lorenzo and Rillo discovered they were seeing significant traffi…
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George O'Dell, Sophie Coco and Arina Novak discuss the results from New York's mid-season Fall sale opening auctions. With $69 million in art sold at an 84.5% sell-through rate, the market remains stronger than many expected though the tug-o-war between sellers and buyers is now at a draw after several seasons where sellers were in the advantaged p…
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