lauder's collection made headlines when he purchased this gustav klimt portrait for $135 million. >> would you know what would really be a magnificent addition to what you already have? >> how does a woman know which man is right for being a husband? >> wow, this really is a passion. >> you look at it and say that is right. you say that's right for me. >> he is also guided by trusted advisors. phyllis haddis a well-known art collector herself and widow of legendary museum curator william rueben. she has known him for decades and has bought him hundreds of larry smith graphs and paintings over the years. >> she is one of the few people i have listened to as far as following their taste also. >> you trust her? >> yes. usually my ego won't let me do that. >> so nice to meet you. >> phyllis offered to give me an inside tour of the manhattan art market, starting with her own collection. >> wow. this is unbelievable. i don't even know where to lock. >> to phyllis, it is not what she puts on her walls, but what she places beside it that matters. she has a personal connection with some of th