Amen to that...
In Detroit, major collector and steel company executive Gary Wasserman says he's stopped buying works by England's Anish Kapoor and China's Yue Minjun so he can focus more on buying "powerfully Midwestern" art by artists like Brian Carpenter, whose $1,000 photographs often feature images of dead deer, Lake Erie nuclear reactors and snowy footprints. Swiss collector Guy Ullens, widely known for his vast collection of Chinese contemporary art, says he's also started buying landscapes by Swiss and German painters like Anselm Kiefer to hang in his home in the Alps. Italian collector Pierpaolo Barzan says the only contemporary art fair he's attending this season starts next Friday in Turin, where he hopes to find work by Roman artists like Nicola Pecoraro and Pietro Ruffo.Read the WSJ report here.
"I believe that I can put together a much stronger collection, and make an impact in the art world, by collecting local artists rather than trying to find the next Chinese star," Mr. Barzan says.
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