FAQ: How Artists and Investors See Risk—And Why It Matters

FAQ: How Artists and Investors See Risk—And Why It Matters

In this episode of Frequent Arts Questions, Erika explore what no one teaches in art school: how risk operates differently across the art world. Artists face emotional, creative, and reputational risks, while investors, dealers, and collectors focus on financial volatility and short-term return. Erika breaks down: * Why artists are often seen as risky investments * The difference between business school risk models and the lived experience of creative risk * What current data from the UBS 2024 Art Market Report and recent auctions tells us * A quadrant model for understanding different risk lenses You’ll also be invited to draw your own risk map. Are you thinking about risk through your own terms—or someone else’s? Search “Frequent Arts Questions” wherever you listen to podcasts, and tag us with your reflections. ___ Find out more Erika Wong - Instagram ⁠⁠⁠@thepracticeplaybook⁠⁠⁠ [https://www.instagram.com/thepracticeplaybook], Tiktok ⁠⁠⁠@thepracticeplaybook⁠⁠⁠ [https://www.tiktok.com/@thepracticeplaybook], ⁠⁠⁠www.mypracticeplaybook.com⁠⁠⁠ [www.mypracticeplaybook.com]

FAQ: Should You Be Investing at the Bottom of the Art Market?

In this episode of Frequent Arts Questions, we explore what it really means to invest at the “bottom” of the market. From works on paper to overlooked gems, we unpack where value might be hiding—and why now could be the moment to look down, not up. Plus, a Draw & Reflect prompt to help you map out your own approach to collecting or investing with intention. ___ Find out more Erika Wong - Instagram ⁠⁠@thepracticeplaybook⁠⁠ [https://www.instagram.com/thepracticeplaybook], Tiktok ⁠⁠@thepracticeplaybook⁠⁠ [https://www.tiktok.com/@thepracticeplaybook], ⁠⁠www.mypracticeplaybook.com⁠⁠ [www.mypracticeplaybook.com]

Is the Art Market Having a Lipstick Moment?

What do luxury cosmetics and the art market have in common? More than you think. In this solo episode, we explore how the lipstick effect — the idea that people still buy small luxuries during economic downturns — is showing up in the art world. With fewer $5M paintings selling and a rise in works under $50K, collectors are still spending… just differently. We look at: – What sold at Art Basel Hong Kong 2025 – The growing demand for prints and editions – How artists can align their pricing with shifting collector behaviour This episode offers a mindset shift for artists navigating visibility, pricing, and market access in today’s economy. 🎧 It’s not about selling less — it’s about selling smarter.

How Do You Know How to Do This?

This episode tackles the most frequent question I get—not about art itself, but about how I teach, explain, and connect ideas so clearly. I break down how my art training, especially associative thinking, taught me to see patterns across disciplines. I also test out ChatGPT’s deep research capabilities and explore how AI compares to the creative logic we learn in the studio. If you've ever wondered how artists develop transferable skills—and how that turns into teaching, strategy, or making sense of complex ideas—this one’s for you. Listen or watch for a behind-the-scenes look at how I think, research, and teach using a multidisciplinary mindset.

Moving Into Creative Success

In this episode of the Frequent Arts Question podcast, Erika Wong chats with Pilates instructor and somatic movement facilitator, Sia. They explore the link between body awareness, creativity, and well-being, and how these elements impact professional success for creatives. Key Points: 1. Creativity as an Asset: Physical freedom enhances creativity, allowing for more spontaneous ideas that can drive success in creative fields. 2. Well-being and Performance: Somatic practices help reduce stress and improve focus, essential for maintaining high levels of creative output. 3. Reconnecting for Growth: By reconnecting with the body, creatives can unlock new ideas and grow their professional practice. 4. Balance for Longevity: Sia shares ways to balance work with self-care, preventing burnout and sustaining long-term creative success. 5. Neurodivergence and Focus: Sia and Erika discuss how neurodivergent individuals can use body awareness to manage intense focus and stay connected to their physical needs. Takeaway: Somatic movement is a valuable tool for creatives, helping to boost innovation, reduce stress, and maintain focus for long-term success. ________________________________________________ Erika Wong - Instagram ⁠⁠@thepracticeplaybook⁠⁠ [https://www.instagram.com/thepracticeplaybook], Tiktok ⁠⁠@thepracticeplaybook⁠⁠ [https://www.tiktok.com/@thepracticeplaybook], ⁠⁠www.mypracticeplaybook.com⁠⁠ [www.mypracticeplaybook.com] Sia Kradestska - Instagram @sia_radet [https://www.instagram.com/sia_radet/]