Tuesday, April 25, 2017

Marquette University Philosophy Professor, Dr. Curtis Carter, presented his “Investing in Art” lecture to the AIM students

Dr. Curtis Carter provided a command performance for the Marquette students in the AIM and Alternative Investments classes on April 24, 2017

Dr. Curtis Carter in the AIM Room lecturing on 'Investing in Art'
On Monday, April 24, the students in Dr. David Krause’s Alternative Investments and AIM classes were visited by Dr. Curtis Carter. 

Krause stated, “Dr. Carter is a valued colleague. He is a professor of Philosophy at Marquette University, where his concentration is on aesthetics - he received a PhD from Boston University.

Image result for curtis carter marquette
Dr. Curtis Carter, Marquette professor 
Andy Warhol
Portrait of  Marilyn Monroe
Dr. Krause added, “Dr. Carter is acknowledged as an international expert and has accomplished much in his career; however, I believe his most significant achievement at Marquette University has been the creation of the Patrick and Beatrice Haggerty Museum of Art.  Dr. Carter was the founding director from 1984-2007 and he is responsible for its incredible success. The Haggerty Museum has built a greater appreciation for the arts in the Milwaukee and Marquette University community.”

Image result for rothko paintingsDr. Carter’s lecture focused on the theme of investing in art – and he showed and discussed some of the most significant works of art. Here are some of his major points about investing in art:
  • Buy Out of Style.  “The art market is cyclical”—artists go in and out of fashion, but so long as they are/were talented enough, and were popular enough, there’s a good chance that they will be back in style.
  • Buy Obscure but Important Work. Some collecting categories are improbably affordable because few people know about them.
  • Buy Outside the Narrative. The worth of a work is often tied to its art-historical significance. Yet, pieces that fall out of that historical narrative can be found for an outstanding bargain.

David Krause and Curtis Carter

According to Krause, “Dr. Carter’s lecture on both the personal and the societal importance of the visual and performing arts was greatly appreciated by the students. His lecture included material on ‘art as an investment,' which students found fascinating. He is a true friend of the AIM program and one of Marquette's greatest assets.” 

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