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Gaurav Kapadia on New York City, Investing, and Contemporary Art
10 Dec 2025 48 published claims 2 attributable people
Speakers in the public record
Claim mix
belief 37evaluation 7commitment 2uncertainty 1prediction 1
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The useful parts, with receipts.
48 published records
“I think Rudolf Stingel is not underrated, but I think he is highly likely to be an extremely important artist, as is Christopher Wool.”
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“I was at a conference recently, and there was so much doomerism about AI, as an example. But I think one of the main proximate effects is highly optimistic, increased knowledge, decrease in doing tasks that are not joyful, et cetera, so I think we’re about to see a series of innovations that drive from pessimism to optimism, or at least I hope so.”
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“I think there is a huge opportunity in a digital world and an increasing physical world to take more of your work and bring it out to the masses.”
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“I think some of the friends you’re talking about, and not even the specific people, but if you broaden, are essentially Silicon Valley futurists.”
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“Almost all museums operate at an operating deficit. That’s the number one thing that I think people should realize, which is, these amazing cultural institutions all over the world are financed by people who want to bring that more into the world.”
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“One thing also: there’s a lot of bad art. This is not a comment on the Rubell, but I think any institution that shows a lot of art — there’s often a lot of bad art.”
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“If we think about the general public, I hear a lot of pessimism about the general American public, even the educated side.”
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“I think you’re actually starting to see it now, where artists, more and more, when you separate the commercial aspect of someone’s art and the critical aspects, they are coalescing around a smaller group of names than you would have started with 10 or 15 years ago.”
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“I think Tom Hill famously bought ancient bronzes to complement his contemporary art collection.”
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“I think the best thing for America would be actually New York is smaller in proportion.”
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“I would say, for me, it’s actually also been really meaningful because I’m Indian American.”
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“There’re so many interesting things there, but the lack of due process as we go 50 years later, 100 years later, is starting to show in where infrastructure is built, ability to expand, et cetera. So, from that perspective, I think a balance would have been more appropriate.”
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“I would say maybe strengthen the middle of the country, creating much more population density, higher GDP across America would serve all of America well.”
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“The other thing is, I think too many investment firms select purely by resume and financial modeling skills, and GPA.”
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“I think one of the really interesting use cases that I’ve seen is allowing any-language visitor to have their own personalized, in-depth tour of the museum.”
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“I haven’t been to Flushing as much as I probably should since I left Flushing, but I think one of the most important things you can do everywhere in New York City is build more housing.”
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“I look at Brooklyn — I think by some measures it might be, what, the fourth-largest city in the US, if it were alone.”
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“I don’t spend a lot of time in City Island, but I think that’s a totally sensible perspective.”
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“I would say, though, having one person decide the taste for the whole city is also probably not the best use of time.”
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“I think people take for granted the long-term initiatives he put in place and assume they would have just shown up anyway, but it took a lot of hard work to get there.”
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“In my introduction to that other event a while back, I think I also said that Gaurav is someone who is unique, that he has this eye for judging quality in a deep sense, that he can apply to cities, to hires, to artworks, and also to investments, and that breadth across the board is something quite remarkable about him.”
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“I think you’re just seeing that because you and I live also between two worlds, so we just get the magnified version of it.”
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“The other mistake that a lot of organizations make, in my opinion, is they lower the bar for the non-investment side.”
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“My mother — I guess now that I think about it, I’m a lot like her, but she would be very interested in being an expert in a variety of fields just because she thought it would make her a more complete person.”
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“There’re many constituents. But I think beyond that, you have to have the ability to inspire.”
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“The five boroughs have a great deal of both identity but connectivity to one another, which is one of the reasons I think New York is amazing.”
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“If we all worked in individual offices, I think you end up with a much more complicated way to analyze companies, much more siloed.”
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“I think I have a passion for a lot of things, but especially investing, that really does come through when people spend time with me.”
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“I think people think about it for Yankees games outside of the Bronx, but there’s a huge cultural identity.”
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“If you look at his popularity, it’s actually quite low, but the amount of impact that he’s had on the city is extremely high. I would say, in certain circles, he’s extremely highly rated.”
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“I embrace it and define it as super weird from time to time, so I think everything belongs.”
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“One of the things, as an example, MoMA has done, via the MoMA Design Store, is, they’ve taken the sensibilities of the museum and brought it to a lot of other places. I think that’s one of the core purposes of a museum.”
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“I think one of the reasons Queens has done pretty well, first of all, it’s, obviously, New York has done very well.”
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“America — I would say New York and California have a little bit less of the banker energy and more the swashbuckling investor energy.”
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“One hundred percent, in a different way than you think — or maybe I don’t know exactly how you think, but here’s how I think about it.”
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“I think, though, because there are such low barriers to entry in investing, there’re a lot of mediocre investment organizations that don’t have that founder entrepreneurial energy against it.”
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“The je ne sais quoi of what makes an art piece stand out in someone’s practice is something that I’ve been trying to refine my engagement of since I’ve been collecting. I think in this particular work, it is so meticulously crafted.”
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“I would say Tyler’s been almost my coach in this because he has really encouraged me.”
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“I learned how corporations work, which, if you’re an investor like me, it’s actually a really important thing because investors have this handicap where they just assume that what’s on a spreadsheet is how organizations work.”
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“If you think about our holding period plus how few positions we own, we’re only adding one or two or three ideas in the corpus every year or so.”
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“I think there’s a bunch of little things that accumulate, but the main thing that happens in New York City is, people automatically assume they can’t win because it’s such a big and great city.”
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“We are way earlier in the evolution of AI, so I’m very skeptical that a lot of companies, like financial institutions, are spending as much as they claim to be yet, because the use cases and the integrations are still very early in process to do.”
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“I think that’s a really interesting thing because you took something that was actually really zoned for two, basically four people, and actually 15 people were living in it.”
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“I realized that I didn’t really know how the world worked or how businesses work in any reality. So, I took it as a detour on purpose to learn more about how corporate environments work, how leadership functions, because I thought it would make me a better investor.”
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“New York is amazing to me in many ways because it is the only major city, really, that I know of in America that’s not a company town.”
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“For a couple of years, myself and my colleagues here — we managed basically my money with the same philosophy that we run XN in.”
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“There’re so many things I love about him as an artist and as a person, but I think his ability to take risks and exploit the really uncomfortable, rise to the top.”
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“I think Figma was particularly interesting at the time we made the investment because the antitrust authorities had just blocked their acquisition by Adobe.”
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