Sam Zell
Sam Zell
Samuel "Sam" Zell is an American business magnate. He is chairman of Equity Group Investments, the private investment firm he founded in the 1960s. The majority of his investment portfolio ranges across industries such as energy, logistics, communications and transportation, but he is often noted for a pioneering role in creating the modern commercial real estate industry. EGI’s holdings also include fixed-income investments in public and private companies...
inspirational reality long
The reality is that I need to be challenged and interested, as long as the risk and reward is in line.
real office employment
Interest rates are going to go up because employment is going to go up. If employment goes up, then our apartments get filled. And if employment goes up, our office buildings get filled. The reality is that increased economic activity combined with increased interest rates is basically bullish for real estate.
real home thinking
The question is not do you take money out of stocks and put it into real estate, or the reverse. There's so much money out there looking for a home. I don't think it's either/or.
country loss thinking
My single biggest financial concern is the loss of the dollar as the reserve currency. I can't imagine anything more disastrous to our country. . .you're already seeing things in the markets that are suggesting that confidence in the dollar is waning. . .I think you could see a 25% reduction in the standard of living in this country if the U.S. dollar was no longer the world's reserve currency. That's how valuable it is.
real opportunity united-states
I've always been called a professional opportunist, and in the future I'm open to anything. We've spent a lot of time offshore, looking at opportunities in real estate outside the United States.
country dollars imagine
I can’t imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.