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- š„ Qatar Buys Venice + Alissa McKendrick
š„ Qatar Buys Venice + Alissa McKendrick
Permanent pavilion. Status locked.
HEY YāALL!
Thanks for all the great feedback on the Damien Hirst piece I shared last Monday!
š„ ICYMI ā Catchs from the Last Week:
Today we have an Alissa McKendrick that hits like a street fightābold, raw, and still cheap. Plus, layoffs shake up advisors, and Qatar flexes in Venice.
But firstā¦
Invest Smarter. Collect Better.
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-Todayās Catch-
Alissa McKendrick
š My 2 Cents: Alissa McKendrickās Untitled (2019) is a small but punchy piece dripping in pink angst. A figure in a fur-trimmed coat and killer boots strikes a pose somewhere between a runway walk and a street brawlālike they just threw hands and are still savoring the moment. Itās got that mix of raw figuration and āI donāt care if you get itā energy that makes her work stand out.
š Key Numbers: 36 x 25 cm means itās compact, easy to place, and harder to ignore. Ā£2,900? Thatās barely above entry-level for a solid mid-career artist with international shows. Her works have popped up in Hong Kong auctions for around $2,500, so this price is fair, if not a steal. Sheās mostly gallery-driven, meaning no crazy secondary-market flipsāyet.
š§ Why Itās a Smart Pick: McKendrickās market isnāt on fire, but itās warming up. Sheās got the critical backing, the cult following, and the kind of satirical edge that keeps collectors hooked. If she lands with a bigger gallery or museums finally catch on, these prices will look laughably low. Either way, youāre buying into an artist who paints like she has nothing to proveāand thatās usually a good sign.
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-In a Minute-
š„ Words I Like: purge, power moves, bloodbath
Artsy Bloodbath: Whoās Next?
Artsy just massacred its secondary-market teamāfifteen people gone, no warning, just a cold email and a "keep your laptop" consolation prize. This isn't just a random bloodbath, it's part of a bigger trend: Sothebyās, Christieās, and the rest are quietly cutting people loose, and the result?
A wave of high-level art advisors hitting the streets, setting up shop solo. Indie advisory is the new flex, and Artscapy is already scooping them upābecause why let the auction houses take all the money when collectors can deal direct?
Meanwhile, Spain is getting cocky, and honestly, itās earned it. ARCOmadrid is coming in hot, fueled by Spainās unexpected economic boom. Galleries from across Europe are suddenly expanding into Madrid, looking for fresh collector money before prices get stupid.

Jorge Pardoās installation at ARCOmadrid
On the other side of the world, Richard Koh is sick of the nonsenseāheās calling out the obsession with high-net-worth flexing and reminding everyone that Southeast Asiaās market isnāt just for seven-figure ego plays. He believes the real money is in the $10K-$50K range, where collectors actually buy instead of just posing for fair selfies. If you're serious about flipping in a couple of years, that's where you look.
And in Venice? Qatar just did what Qatar always doesāwalked in, threw money at the problem, and got itself a permanent pavilion. First new country in 30 years to pull this off.
The message is clear: the Gulf isnāt playing around. Museum infrastructure means long-term validation, and if Qatar starts buying up artists for their collection, their market value gets an automatic upgrade. If youāre already holding works from Gulf-connected artists, congrats, you just got a free price bump.
-Whenever You Are Ready-
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-Alvaro (@theartmarketguy)
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