The Artist's Consigliere

A WSJ profile of Frank Dunphy, who handles the money end of the Damien Hirst art empire.

Here's a good analysis of the economics of art galleries by Melik Kaylan, a WSJ arts and culture writer.  Like Buffett himself, he immediately zeroes in on the main questions investors must ask when evaluating an industry:  Who has "a good business" and why?  I wish that paper's business writers could evaluate businesses as well as he does.

Here's a Seth Roberts interview with a lesser-known artist who, like Hirst, has chosen to bypass galleries.

And finally, here's PE investor extraordinaire Luke Johnson in the FT, reminding us not to get too excited about contemporary art, as it's mostly a fraud and a gigantic bubble about to burst. 

By the way, I know nothing about art, contemporary or otherwise.  Felix Salmon, would you like to weigh in on all this?