Sam Zell, RIP
This guy was a clear thinker. That looks so simple.
"Frankly, there’s no substitute for limited competition. You can be a genius, but if there’s a lot of competition, it won’t matter."
"My point was that when it was all said and done, it doesn't matter how smart you were if you didn't have staying power, if you were't able to hold on to your assets."
“I believe the fundamentals of business—supply and demand, liquidity equals value, good corporate governance, and reliable partners, to name a few—apply across the board.”
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