Loves anecdotes one collects (5,2)
I believe the answer is:
dotes on
'loves' is the definition.
(doting on is a kind of loving)
'anecdotes one collects' is the wordplay.
'collects' indicates the answer is hidden within the clue (I've seen 'collecting' mean this).
'DOTES ON' is hidden in the letters of 'anecdotes one'.
(Other definitions for dotes on that I've seen before include "Adores" , "Holds very dear" .)