Manifesto

The art market
felt impenetrable.

I love art, but I’m not an art expert. I’ve spent my career in fintech, helping companies scale. When I sold some of my equity, conventional wisdom said to put the proceeds in the S&P 500. We had just bought a home, and the idea struck me: could I put that money on the walls instead, and become a collector? Could I buy art I loved, but buy it the way I’d make any other investment?

I knew almost immediately that I was out of my depth. I could tell what I liked. I could not tell whether it was any good, whether the price was sane, or who I was supposed to ask. Everyone who seemed to know was either selling me something or had been doing this since birth. The question I kept turning over was not whether art was a good investment. It was whether someone like me could do this at all.

I bought every book on collecting. I learned that 95% of gallery art never returns a dollar — and that frameworks exist for identifying the investment-grade 5%. Applying frameworks to tricky problems is what I’ve built my career on. That half, I could do.

The books had one other piece of advice: “buy what you love.” A nice sentiment, but no help. I knew what I loved when I saw it. The hard part came after. When a gallerist asked me what I was collecting, I froze. The market’s doors are guarded, but contrary to my assumption, the gatekeepers weren’t checking your net worth. They were checking whether you’d be a good steward of the work. Whether you had a vision. Whether you could say what you were collecting, and why. Whether you sounded like you belonged in the room.

Three things stood in my way. Articulation — being able to say what I was collecting, and why. Conviction — knowing which artists were investment-grade, which is expertise normally reserved for clients with ten million dollars. And access — galleries keep their best allocations for collectors they trust, and nobody publishes the playbook for earning it.

So I built the tool I needed: one instrument for both halves — a coherent aesthetic vision, and a rigorous, data-driven investment framework. I named it Egon, after Schiele. Then I used it to force my way in.

With Egon, I put $200,000 into a collection that hangs in my home — bought selectively, decisively, and for reasons I could say out loud. The barriers dissolved. Studio visits with artists whose work hangs at MoMA. Gallery allocations reserved for established collectors. A museum advisory board seat. Friendships with the artists themselves. And — nobody tells you this part — an enormous amount of fun.

It turns out you don’t need millions. Knowledge, connoisseurship, and passion open locked doors. All you need are the right tools. That’s what Egon is for.

— Frank Bozzo, founder

Egon Labs, Inc. · MMXXVI

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Artwork images are reproduced for research, commentary and market analysis, and remain the copyright of the artists and their representatives. Every work is credited to its artist where it appears. To request removal or correct a credit, write to frank@egon.art.