A Quote by Maz Jobrani
I was at UC Berkeley as an undergrad when my father lost a lot of money in real estate investments in Northern California. He wanted a change of pace, so in the early '90s, my family moved to L.A., right in the middle of Tehrangeles. It was a culture shock for me.
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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.
I went to UC Berkeley. I graduated in 1976, immediately moved to L.A. with a degree in English - which did no more for you then than it does for you now - then sold real estate and did theater for nine years.
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.
The early 1960s, when I started my graduate studies at UC Berkeley, were a period of experimental supremacy and theoretical impotence.
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.
I've made money in real estate, hotel, and restaurant investments.
I’ve made money in real estate, hotel, and restaurant investments.
My dad had always bought and sold gold and other stuff. In '81, he went broke because of real estate, so he moved us to Vegas and opened a small second-hand store. We always wanted a pawn license because there's a lot more money in that.
I was born in California and moved around a lot. When I was 17, I moved to Boston because my mom got a job there. The moment I went to Boston, everything just felt right and fell into place on how I wanted it to be.
I made my money with good investments, I'm going to make maybe $1 million a year just with my real estate.
It's funny when people ask if I'm a lesbian. I played a real estate agent in 'Father of the Bride, Part II,' but no one has asked me if I sell real estate.
In the early '90s, when I really started to find my voice, I was reading a lot of books, and I was moved by the writers, like Chinua Achebe, and I wanted to be able to write rhymes that were as potent as what I was reading.
I studied music for my first two years in college. When I went to UC Berkeley, I failed the admission requirements to get into the music school there, so I studied communications and public policy, which actually were a greater engine for my career than a musical education would have been. If I had gotten into the music department at Berkeley, I'd probably be a timpanist in an orchestra right now.
I was a grad student at UC Berkeley when I bought my Apple II and it suddenly because a lot more interesting than school.
I was a grad student at UC Berkeley when I bought my Apple II and it suddenly because a lot more interesting than school
As the industry has matured, real estate has become a very accepted investment. Institutions have used core investments to get comfortable with real estate as an asset class, and now that they're comfortable they're moving up the risk spectrum.
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