The Importance of Knowing When to Buy

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When I first started collecting I was focused personally on big brand name artists and sort of buying lots of objects by those artists. In terms of best paintings I bought paintings for five or ten million dollars sold them two years later for twice the amount. It just depends on the artist and the time. And the art market moves by events. Sometimes it's hard to predict those events, sometimes it's like in any investment, it can be a little bit of luck.

From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.

Scott Lynn is a serial tech entrepreneur who has been collecting art for over 20 years. He brings his passion for tech and art together with Masterworks.io.

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You’re invited to join an exclusive community investing in blue-chip art - just tell them you're a part of Fire Nation - Masterworks.io

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