Bloomberg Wealth: Sam Zell
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- Опубликовано: 12 июл 2022
- Sam Zell, Equity Group Investments founder and chairman, talks about inflation, the real estate market and the perks of being a lawyer. He's on "Bloomberg Wealth with David Rubenstein." This was recorded June 22 in Chicago.
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"I was very successful at listening to my own song and I was very capable of ignoring the noise. The number of times people have told me you don't understand is legendary. And yet I was comfortable and had the level of self-confidence that allowed me to make the right decisions at the right time" - Sam Zell
Wow That;s the essence of success ! Genius !!
Yeah that is priceless!
David Rubenstein is the best business interviewer ever. And he does it with no notes.
Been thinking so for a minute too. Without a doubt. A great listener as well
and he doesn't consider himself a journalist !
And a huge, yet modest philanthropist.
Period!
I agree. He reminds me of my grandfather smart level-headed and asks the right questions.
RIP to a real estate titan. His advice was so valuable and has helped many people ❤
Young investors have so much to learn from Zell and the alike... This video should have so many more views.. Unfortunately during our tiktok, 30 second ,152 character society, it may be too long... shaking my head here, but so much wisdom..
I usually listen to such interviews at 1.5x speed. Even spending 25 minutes a day listening to interviews to learn something is good use of time.
If I can be as sharp as him at his age, I'd count my lucky stars.
Hes a Natural and Guru who want call himself that, because hes always learning...
Very true
Fed reserve and the treasury is not bothered about stock capital market. They are more concerned about the treasury bond market. They fear the bond market may become dysfunctional and illiquid. Bond yields are one of the important parameter that influences stock market. All stock pundits fail to mention how the bond yields influence stock market. My main concern now is how we are going to achieve all of that given that the market has been a mess for most of the year. I already lost $23,000
Building a good portfolio, which generates good returns, has been more complex since covid, so I would recommend that you seek professional support. This way, you can get strategies designed to address your unique long-term goals and financial dreams.
My father once told me not to put all of my apples in one basket. Find a fiduciary-counselor to help you invst for the long haul and reduce your monthly expenses.
@@AveryFetherolf Totally true, The financial market is definitely the most awkward teenager with the wildest mood swings. I started in 2020 and that same year I made gains of over $758,000, and all I was doing was basically following the guidance of a Fiduciary-counselor (Katherine Duffy Burke), she does all the hard work and I just copy.
@@GarrettDills WOW!!!. I will be retiring early and i want to expanded my $380k reserve. Please who helped you and how can I count with Katherine?
@@colleen.odegaard Lookup her fullname using your webbrowser
When you invest you're buying a day you don't have to work
Jobs will pay your bills business will make you rich but investment makes and keep you wealthy the future is inevitable
@@haydencraig7149 you're right, it's obvious a lot of people remain poor due to ignorance
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
Now is the best time to purchase and invest in Bitcoin stop proscastinating!
Mrs Sonia The crypto Trader is legit and her method works like magic I keep on earning every week with her new strategy
Wow I just make my second withdraw again today trading with expert Mrs sonia ❤️
I'm from Germany I used to take loan from the bank for surviver but after trading with expert Mrs sonia she changed my financial status for real
I'm now a creditor not debtor anymore
Yes but do you know I have been paid out today 😇
One of the absolute best "Success Story" interviews I've ever heard, right next to listening to Oprah's interview with David, Forbes, & her interview at Standford.
Sam is a living legend and truly someone to admire for lifestyle modeling, by the way he thinks--as all our "outer successes" derive from the "inner success" of the mind.
*"Mind Is The Master Power That Moulds & Makes, & Man Is Mind, Evermore He Takes, The Tool Of Thought Shaping What He Wills..." ~ James Allen, "As A Man Thinketh".*
David you are putting out some of the best content on RUclips!
Your success or your failure is how well you've assessed the barriers to entry. Love it
Absolutely gibberish. If you think that kind of sentiment is insightful stop voting
@@alexb8560 Oh are you a multi billionaire? i will start taking your advice then.
@@rambolambo I'll give you the best financial advice you've ever gotten: take out credit default swaps on triple a rated tranches of collateralized loan obligations. Getting that wealthy is a sin and I would never feel comfortable with more than 4-5 million dollars. I'm not some greedy pig like you and the people your worship
@@alexb8560 agree. Barriers to entry are meant to be broken....
If there are no barriers to entry, you’re vulnerable from day one.
Thank you, Sam Zell, for all the useful advice and life lessons 🙏
Superb interview
Two legendary stars
God bless
Another amazing interview by the great David Rubenstein
Thanks Mr. David for interviewing Mr.Zell and extracting wonderful insights from him through this conversation, look forward to read "Am i being too subtle"
We learned a lot from you, Sam. Thank you. RIP.
My strategy is to put half my income into the stock market at the start of every month, regardless of what is happening. The second part of the strategy is not to sell for at least 15 - 20 years. Time in the market beats timing the market.
Newbies think that the best way to play the stock market is to buy stocks then sell them a day or few months later, than repeat the process. This method of investing usually loses money. The people who buy and hold for long periods are the people who make the most money.
@@michaelkalon1025 Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. If you are like most people you will invest part of your money aggressively in stocks, and part conservatively in money market funds and bond funds. However, some young people will go all stocks, and some very conservative people will go all money markets.
@@brendanwalsh4748 ^^I’m 50 years old looking to diversify part of my savings say $250k into real estate but I hear it is not a good time to invest in Real estate. Can i get any idea on other options?
@@cherylhampton9292
@@brendanwalsh4748 Do you just give her your money or copy manually? I have a full time job. And what does Karen Marie Emma charge for her services?
Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the Best way to take advantage of this downturn?
That's right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.
@Karl I need guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
Investing with the aid of an experienced trader is a very good way to generate passive streams of income. Melisa is one of the best out there and She's verifiable.
Rest in peace to a legend I have always admired and do my best to emulate. Mr. Sam Zell.
Sam Zells Book was well worth the read.
Amazing! Thank you for uploading
Loved this interview!
Would like to see Dan Gilbert and Chamath Palihapitiya on it next
Thank you for being one of my inspirations Dave.
Wow!! The interview I’ve been waiting for 👏🏼
Woah! I was waiting so long for this interview
True legend. The timing of the sale was exquisite! A lot of great nuggets of wisdom. Enjoyed the interview! When will David be interviewed?
When will David interview David? I kid. But, yes, Zell is an absolute maestro!
NO ONE DOES IT BETTER THAN SAM ZELL. KEY PHRASE.
Simple yet very insightful
Another Great one David!
Thank you David!
Sam Zell is a breath of fresh air.
Sam is the greatest real estate investor who applied that knowledge to other industries.
listening to your own song. wow sam zell. to me listening to my own song means holding on to the beliefs that's gonna get me where I want no matter what. everything works for you according to your Beliefs. you can never convince others to believe your deepest beliefs for they can't see.
thanks for sharing. I work as a realtor and see this in real-time.
David Rubenstein has the credibility and his own great success, to ask these other great investors and be taken seriously.
Studied Zell hard back in the early 2000s and made 9X on American Commercial Lines senior debt and about 6X on Covanta, formerly Danielson Holding Corp, equity. It was fun to crack his inner circle and enjoy the ride up but the guy was a straight-up brass knuckle street brawler. As he has gotten older, the fighter is still there but the punch doesn't land as that is typically the last thing to go. If anyone reading this knows and loves Sam, please Orange Pill him. It will give him 20 more years of hard core vigor.
what is the orange pill
The art of storytelling on #entrepreneuship and yes #playboy by the late & great entrepreneur Sam Zell
#entrepreneur #art #storytelling #samzell
Sometimes the greatest #business concepts come from the most simple ideas.
The lifeblood of entrepreneurship is taking risk and action
As a beginner who don't understand how crypto trade really works and you really want to make profit from it. I will advise you to first start working with a professional
Consistently investing with proper guidance in quality dividend paying companies is a relatively easy strategy to create wealth. Well I copy trades from daily signals of Mrs Lauren Simmons as Recommended.
Same here mate, Trading with Lauren Simmons strategy is nothing new to me, I opened a trading at $5,000 dollars and I've scale to $22,000 in 14days
@@Kokoben1 Without any doubt, copying trade from Lauren Simmons indeed been a life saving. For a beginner investor like me earning $9k every week is an amazing gain
Have heard this name mentioned on CNBC news! Is there any handle or link I can get to her?
@@markian3582
You can easily communicate with Lauren Simmons directly on ⤵️
Good to see David has sorted out his struggles with the tie
Great interview.
The man, the myth, the legend … straight to the f..king point! #Arrow
David!!... Well done
Subscribed just because of this interview
Didn’t he say he never like to be wrong? On a previous edit on BBG TV promo?
Regards.
We need massive conversions from commercial to residential. It should stem the tide and alleviate housing issues.
Great interview
Send a direct message immediately”,
David asks great interview questions. Young interviewers take notice
What about taking some of the surplus of business reit properties and restructuring them into living quarters for homeless people? Then teaching them trade skills for carpentry, plumbing, maintenance to develop skill sets to help with maintaining the properties as a volunteer repayment system. It would be a 501c and it will help people and be a tax deduction and an investment. Preschools and everything could be part of the vision!
Does anyone have a link to the article: The Grave Dancer? Kindly share. Thank you.
which oil company took the loss on their sale of houston real estate?
Real success comes from learning and taking calculated risk. A salary is not enough, learn to Invest!
Considering today’s economy, what do you propose?
The market is dead! This is the worst time to invest
Interestingly, Gandhi too had the same reason for choosing law over medicine.. he came from relatively well off trading ‘caste’, that only dealt in money and business… being a doctor was considered “polluting”..a strict no no.
I remember David on cnbc in February. He said inflation was not a concern.
Businesspeople aren’t god. They’re not economists either. Don’t hang on to their every word.
@@timbuktu93 these guys are mindless. That’s my point
@@timbuktu93 most people on tv today r mindless drones.
“Certain actions free your heart of its maladies.
The generosity of giving free you from greed.
The gift you can make of yourself each moment frees you from yourself.
All that remains, my friend, is what you give “. Faouzi Skali, 20th-21st Century.
Awesome!
That's a wise old INFP right there. The best investors... hi MBTI ppl👋
I like this guy! :) Reminds me a bit of buffett
This is who you listen to when it comes to real estate, not Grant Cardone.
“Let us always question the sincerity of our intentions before transforming it into action”. Khaled Bentounes, 20th Century.
Love you Sam😻
Could someone please define what Mr. Zell means by "barriers to entry"?
He means, how easy is it for someone to start and form a business to compete with yours. Warren Buffet describes this as a moat.
Not that I don't appreciate the interview, but could you ask Sam and your future guests questions that reveals things that we haven't known? Right now David, you're asking the same questions as did anyone else.
Send a direct message immediately,
Hail Volcker!
Rest in peace, Mr. sam Zell the grave dancer
Legendary investor
Zelle is 100% correct as usual
Would love to see Bill Ackman!
Send a direct message immediately”,
If the office buildings have full baths could be rental?? maybe?
Please interview Donald Bren .
Hi Tom how are you doing😊
Prayer for money
"we're not in a recession" lol didn't know we were doing a comedy skit
David looks tired with his Brooks brothers suits! Sam on the other hand is a legend
Excellent Video
go blue Thanks
*The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future.*
Do you know how much that can be okay for a Start? and I will be very grateful if you give me an easy way to contact him.
That's right, working with a professional is best compared to none. They have a wealth of information which helps a lot in creating wealth, I know Mr Wayne and I'm happy they mentioned him here. Working with him made me understand the fact that you can't compare growing your investments yourself to that of an investment professional.
Actually I trade cryptocurrency on a
platform, with assistance from their top crypto experts. Mr Richard is my professional assistant, I have been trading with him for 8 months now... I've really made a lot from his strategies in trading of cryptocurrencies.
I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 7 days of trading
@Gloria Cook Hi Gloria how are you doing😊
Rest in Power 🙏🏽✝️
Passive income is the only way you can be part of 10% population and seprate yourself from the Average population. YASIN NABI,..,
Many of the personalities being interviewed here made their fortune during the 70s and 80s. I wonder to what degree they simply owe their wealth to the ending of the Bretton Woods System, when the goldstandard was abandoned, the amount of money in circulation increased and property and asset prices soared?
I agree with Sam in principle. If you look at the most successful currency, the Ruble, and the best central banker (Yes she is ) she raised them straight to 20% and now they have been dropped to 9%. This incremental piecemeal is clearly not working anywhere in the west. It is almost as if the economy can handle it and move forward. Smash it high, feel the pain , help the poor, back up again. This way it will draw staglfation out a decade
Send a direct message immediately,
Dauphin River First Nation Manitoba Canada 🇨🇦
I recall he bought some newspapers ownership also.
Send a direct message immediately”,
How many of you From India 🇮🇳
👍
Musk doesn't have the ethics of Zell. Zell considered his shareholders and protected them!
❤
Zell looks like Thanos
*When it comes to investing, what's your say to anyone with over $100K looking for the best ways to invest it and as well make good earnings off it?*
Yoda
RIP Sam.
It is people like this making life difficult for the average working guy skies like this that ever destroyed the quality of life for the working class driving up the prices on rentals in mobile home parts single family homes people like this have no heart it’s all about making more he doesn’t need it the working man needs a break they got a special place for him waiting in the afterlife
Sam Zell is funny ...drops out of Wharton and became what exemplifies as best of wharton hahah ... the irony ... he does not need to know more - Sales up and expense down :) .... oh FCF
Send a direct message immediately,
MashAllah
Great content, Money is worthless until you put it to work.... I made my 1st million invested into Stock market. Making money is the plan and with Crypto/stock Investment your plans can be fulfilled.
At the crucial time, telling anyone about crypto currency trading isn't financial advice by all factors. It is life advice
@Danny Fager Long-term investors know that the market. It will recover eventually, and investors should be positioned for such a rebound, gained $150k from just g4 of 2021. before the market crash and now I'm buying again. I am going to sit back and observe how this all plays out, adding more at a time. Having a good entry and exit strategy, will make succeed in the stock/Crypto market
@@_SoniaBaker Great idea, how did you do it? I could use some help over here too, My stock/ Crypto picks have been depressingly bad Tbh I'm in need of a good investment plan currently, I have a lump sum of $80k+ in a savings account yielding next to nothing. Do you have more clues that could help?
@@jasmineitzen8228 The best strategy to use in trading stock is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed than luck when it comes to the stock market.
I had a profit return of $127,000 trading with last week
Turn offices into apartments and solve the home affordability.
Rip Sam
2:18
Cargill Company in Thailand Lopburi Province Farm 3 with a new chief employee Pressing the old employees out in time, because not working systematically causing stressful employees to resign, many of you want to learn to the management of the cargill that should be checked urgently What is the reason because some employees work for cargill companies, some work 10-20 years, they should appreciate them. (*Investigate the new head of Farm 3 for me. ) with respect 🙏
How is only worth 6 billion?
Send a direct message immediately”,
Everyone is obsessed with investment, everyone knows inflation the rate hikes then property crash are the best time to buy, everyone knows printing money means the beginning of all these. So those millions are waiting to buy in the coming crash!! The principle is when everyone wants to buy stay away right?
When everyone is waiting for the crash, it's not going to come.
Stand alone houses should be protected from real estate investors. Where is the fkin pimp politicians!?
Send a direct message immediately”,
The MMCs show themselves,,advise them to move to the east of this country ,,
Where the little king Bloombarf these days. I feel like if he died from Covid or moved to china, there would be a party to go to. I’m