A Quote by Jeff Greene

In real estate, you make 10% of your money because you're a genius and 90% because you catch a great wave. — © Jeff Greene
In real estate, you make 10% of your money because you're a genius and 90% because you catch a great wave.
I've been buying real estate because it's an asset I can control, that I could finance extremely cheaply if I chose to. I do not choose to; I buy my real estate in cash. I'm not interested in making money on it. I just want to keep my money safe.
And I know that this is prophetic: that God is going to send this mighty wave - I want everyone here to prophecy with me in Lakeland - that this mighty wave is going all the way out to California, Highway 40, coast to coast aaaaah! and we want to release that mighty Holy Ghost in. Send it all over the world. The wave is moving. The wave is moving the wave is. Come on! Catch the wave. Catch the wave in Canada. Catch it in Canada. Catch it in Australia. Catch it in England. Catch it in Asia. Catch it in Europe. Catch it all over the world.
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
There are dozens of ways of failing to make money. It is one thing to fail to make money because your single talent happens to be a flair amounting to genius for translating the plays of Aristophanes. It is quite another thing to fail to make money because you are black, or a child, or a woman.
Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.
The business side of real estate investing is fraught with risk. Unlike purchasing mutual funds or savings bonds, with real estate, you can lose money; this is one of the reasons that seasoned real estate investors caution neophytes never to get too emotional about a property and always be willing to walk away.
What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S. real estate. We got here by lending money, and putting money to work in the U.S. real estate market, in a size that was probably larger than what we ought to have done on a diversification basis.
This 90/10 rule holds true in almost anything financial. Take the game of golf, for example. Ten percent of the professional golfers make 90 percent of the money.
If 5000 people bought my record, I would appreciate those 5000 people. I make music for them because music isn't supposed to be so money driven. I didn't get into the music game because I wanted to make money. I sing because that's a God given talent of mine and it's something I love to do. If it's 10,000 or a million people, I'm going to give people the music they like from me. That's what being an artist is. Whoever likes your work, that's who you do it for.
I used to collect Persian rugs and real estate - you should be able to walk on and live in your money. I had to give up the rugs because I'm allergic to mould.
London changes because of money. It's real estate. If they can build some offices or expensive apartments they will, it's money that changes everything in a city.
Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That's why most people lose money as individual investors or traders because they're not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that, not 90 percent of the time on pie-in-the-sky ideas on how much money they're going to make, then they will be incredibly successful investors.
I made a tremendous amount of money on real estate. I'll take real estate rather than go to Wall Street and get 2.8 percent.
What is John Arriaga's circle of competence? Is it real estate? No! Is it U.S. real estate? No! Is it California real estate? No! Northern California real estate? No! Only real estate around Stanford. His circle of competence is this small.
Real estate is the best investment for small savings. More money is made from the rise in real estate values than from all other causes combined.
I made a tremendous amount of money on real estate. I'll take real estate rather than go to Wall Street and get 2.8 percent. Forget about it.
This site uses cookies to ensure you get the best experience. More info...
Got it!