Photo by Richard Mosse

William Goetzmann

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You want to look for the places where the money might come back, and what the people with that money are going to be buying. Areas like Indian and Chinese art, even though they might be very highly valued currently, are places to continue to look. Where are the next billionaires? That is the question to ask. Then you look at the traditional and contemporary art of those countries. That would be the strategy. Now might be a fantastic time to build up a collection of things you really want.

What would you buy?

I collect old financial securities. It depends on whether you regard that as art.

"Conversation With William Goetzmann" originally appeared in the July/August 2009 issue of Art+Auction. For a complete list of articles from this issue available on ARTINFO, see Art+Auction's July/August 2009 Table of Contents.