picasso or kandinsky, full of violence. to me, art is never about investment. has always been a passion. >> an expensive passion. lauder's passion made headlines in 2006 when he purchased this gustav klimt portrait for $135 million. how 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 hattis is a well-known art collector herself and widow of legendary museum curator william rueben. she has known ronald for decades and has bought him hundreds of prints, lithographs 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. phyllis offered to give me an inside tour of the manhattan art market, starting with her own collection. wow. this is unbelievable. i do