Top 13 Quotes & Sayings by Sam Zell

Explore popular quotes and sayings by an American businessman Sam Zell.
Last updated on November 21, 2024.
Sam Zell

Samuel Zell is an American billionaire businessman and philanthropist. A former lawyer, Zell is the founder and chairman of Equity Group Investments, a private investment firm, founded in 1968. The company invests across industries and geographies and throughout the capital structure. He has substantial interests in, and is the chairman of, several public companies listed on the New York Stock Exchange: Equity Residential (EQR), Equity LifeStyle Properties (ELS), Equity Commonwealth (EQC), and Covanta Holding Corp. (CVA), and Anixter.

Just by being private, the culture will change. We won't be forced to make decisions that are 90 days in relevance.
The single biggest issue that I'm very sensitive to is inflation. I'm very concerned that this extended period where the interest rates were quite low and stimulated a lot of activity could breed inflation and create a problem for us.
Everyone likes pussy. It's un-American not to like pussy. — © Sam Zell
Everyone likes pussy. It's un-American not to like pussy.
The reality is that I need to be challenged and interested, as long as the risk and reward is in line.
I can’t imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.
In my case, if one out of five opportunities is interesting enough to work on, maybe one in five of those ends up being worth doing. That might be a function of risk. That might be a function of price. There are all the variables. But you have to be constantly sorting and choosing and prioritizing.
When all is said and done, what must be remembered is a newspaper is a business. It used to be a fabulous business that made extraordinary margins. It's now a very good business with appropriate margins.
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.
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.
When you got a demand issue it's hard to imagine the stock market at an all-time high.
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.
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.
If you could find a major city that actually had a functioning, good public school system, you should buy all the real estate.
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