I do a lot of media work, I've been investing and I'm involved with real estate. It's totally different from what I had been doing but I find it challenging and fun. To be honest, I really don't miss the track. I pretty well accomplished what I set out to do and it was time to move on.
Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the rapid expansion of the real estate securitization business. This trend could be regarded as a risk factor, as it exposes the real estate sector to at least three potential problems: first, interest rate hikes; second, revisions to securitization business accounting standards; and third, overheating in the real estate market.
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 grew up with a lot of friends that had a lot of abilities to do a lot of different things and chose different routes and it wasn't a great outcome for them.
A lot of people who went to SC didn't play ball - people who do films, lawyers and doctors, people who do things in real estate and business. There's a lot of people that make things happen out here.
I think that I've enjoyed my time on 'Real Housewives.' It's been a great opportunity, and I've had a lot of fun and have been able to see a lot of great things and meet some really cool people.
As part of the process, there are a lot of different ways to evaluate players. There are a number of different companies and things out there that do different things; that have different ways of evaluating and those types of tests and so forth.
I think a lot of people try to time the market when it comes to buying or selling a property or investing in real estate, but the real secret to real estate is not timing the market, but time in the market.
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.
I've been able to do a lot of things in the movies. I've been able to run with the buffalo, you know. I've been able to pitch a perfect game in Yankee Stadium. I've been in the bathtub with Susan Sarandon. I've had a lot of chances to do a lot of things. I enjoy sports, but I enjoy sports so much to the point that I wouldn't do the movie unless I thought it had a chance to be good.
I watch a lot of different films. A lot of different performances and I find a lot of little things from the films or things that actors do or people in real life who have behaviors or idiosyncrasies that I like or find interesting and I try to remember that. And then I'll do a prayer. I'll do a prayer to ask the character or the spirit of the character to come and visit me. And let's work together.
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.
It's important to get well-rounded right off the bat. A lot of experienced dancers can get pigeonholed into one thing. I've been hired for a lot of different gigs simply because I can do a lot of different things with different levels of dancers. And it's sad to me that some dancers don't do more.
At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
I've had a lot of careers in my life. When I think about it, I think every piece of that - from being a nurse, a farmer, dealing with real estate - has added to a skill set that I would have been able to use throughout my political career.
Donald Trump has been both a peculiar and characteristic American figure for more than three decades. Inheriting a small New York real-estate development company from his father, he parlayed it not so much into a big real-estate company, but himself into a fantasy of a big real-estate developer.