Bloomberg Wealth: Sam Zell

Рет қаралды 216,147

2 жыл бұрын

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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Пікірлер: 257

@johanngross6953 2 жыл бұрын

"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

@wizardofb9434 2 жыл бұрын

Wow That;s the essence of success ! Genius !!

@605highsprings Жыл бұрын

Yeah that is priceless!

@Stoneface_ Жыл бұрын

RIP to a real estate titan. His advice was so valuable and has helped many people ❤

@maxsmart99 2 жыл бұрын

David Rubenstein is the best business interviewer ever. And he does it with no notes.

@leenjiru7766 2 жыл бұрын

Been thinking so for a minute too. Without a doubt. A great listener as well

@edwinbrace4681 2 жыл бұрын

and he doesn't consider himself a journalist !

@maxsmart99 2 жыл бұрын

And a huge, yet modest philanthropist.

@swiftcurrency4657 2 жыл бұрын

Period!

@daryld1325 Жыл бұрын

I agree. He reminds me of my grandfather smart level-headed and asks the right questions.

@doragary3717 Жыл бұрын

When you invest you're buying a day you don't have to work

@haydencraig7149 Жыл бұрын

Jobs will pay your bills business will make you rich but investment makes and keep you wealthy the future is inevitable

@jeremygood3246 Жыл бұрын

@@haydencraig7149 you're right, it's obvious a lot of people remain poor due to ignorance

@christopherhobb7702 Жыл бұрын

I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

@thomasdooley3702 Жыл бұрын

Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company

@thomasdooley3702 Жыл бұрын

Now is the best time to purchase and invest in Bitcoin stop proscastinating!

@arigutman 2 жыл бұрын

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..

@Maeda_Toshiie 2 жыл бұрын

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.

@msway836 2 жыл бұрын

Hes a Natural and Guru who want call himself that, because hes always learning...

@NickShahryari 2 жыл бұрын

Very true

@ThormanBoucher Жыл бұрын

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

@DanLeahfort Жыл бұрын

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.

@AveryFetherolf Жыл бұрын

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.

@GarrettDills Жыл бұрын

@@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.

@colleen.odegaard Жыл бұрын

@@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?

@GarrettDills Жыл бұрын

@@colleen.odegaard Lookup her fullname using your webbrowser

@nikkaromero9388 Жыл бұрын

Mrs Sonia The crypto Trader is legit and her method works like magic I keep on earning every week with her new strategy

@mikegeorge5569 Жыл бұрын

Wow I just make my second withdraw again today trading with expert Mrs sonia ❤️

@davidsmith7934 Жыл бұрын

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

@davidsmith7934 Жыл бұрын

I'm now a creditor not debtor anymore

@terrelldesai2280 Жыл бұрын

Yes but do you know I have been paid out today 😇

@Alch8Fi153 2 жыл бұрын

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".*

@ruidai9196 Жыл бұрын

We learned a lot from you, Sam. Thank you. RIP.

@rambolambo 2 жыл бұрын

Your success or your failure is how well you've assessed the barriers to entry. Love it

@alexb8560 2 жыл бұрын

Absolutely gibberish. If you think that kind of sentiment is insightful stop voting

@rambolambo 2 жыл бұрын

@@alexb8560 Oh are you a multi billionaire? i will start taking your advice then.

@alexb8560 2 жыл бұрын

@@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

@method341 Жыл бұрын

@@alexb8560 agree. Barriers to entry are meant to be broken....

@tomcat8662 Жыл бұрын

If there are no barriers to entry, you’re vulnerable from day one.

@NickShahryari 2 жыл бұрын

David you are putting out some of the best content on KZfaq!

@coreytodd5949 Жыл бұрын

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.

@michaelkalon1025 Жыл бұрын

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.

@brendanwalsh4748 Жыл бұрын

@@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.

@cherylhampton9292 Жыл бұрын

@@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?

@brendanwalsh4748 Жыл бұрын

@@cherylhampton9292

@daniellecooper1302 Жыл бұрын

@@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?

@serapiao22 11 ай бұрын

Thank you, Sam Zell, for all the useful advice and life lessons 🙏

@finsensetv Жыл бұрын

Rest in peace to a legend I have always admired and do my best to emulate. Mr. Sam Zell.

@Point-hc9gy 2 жыл бұрын

Superb interview Two legendary stars God bless

@RideSmoothTV 2 жыл бұрын

Another amazing interview by the great David Rubenstein

@bhupathireddyoruganti3687 Жыл бұрын

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"

@ThisisJohnWilliams 2 жыл бұрын

Sam Zells Book was well worth the read.

@sgt.enriqueserrano2177 Жыл бұрын

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?

@Benjaminmac Жыл бұрын

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.

@patsnew8422 Жыл бұрын

@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?

@StanleyHudson1 Жыл бұрын

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.

@pier21realty 2 жыл бұрын

NO ONE DOES IT BETTER THAN SAM ZELL. KEY PHRASE.

@matteomariadeugenio6273 2 жыл бұрын

Amazing! Thank you for uploading

@nancyyancy5199 Жыл бұрын

Thank you for being one of my inspirations Dave.

@vamsi8432 2 жыл бұрын

Woah! I was waiting so long for this interview

@CaptainPlanet007 2 жыл бұрын

Wow!! The interview I’ve been waiting for 👏🏼

@amolgill7480 2 жыл бұрын

Loved this interview! Would like to see Dan Gilbert and Chamath Palihapitiya on it next

@jesslarsen Жыл бұрын

Another Great one David!

@chimbuzi1 2 жыл бұрын

Simple yet very insightful

@timbuktu93 2 жыл бұрын

Sam Zell is a breath of fresh air.

@iraidaibragimova2190 Жыл бұрын

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

@anderslindeman4272 Жыл бұрын

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.

@Kokoben1 Жыл бұрын

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

@meredithpoor1042 Жыл бұрын

@@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

@markian3582 Жыл бұрын

Have heard this name mentioned on CNBC news! Is there any handle or link I can get to her?

@kellybricks9697 Жыл бұрын

@@markian3582 You can easily communicate with Lauren Simmons directly on ⤵️

@chibwekaunda6278 Жыл бұрын

True legend. The timing of the sale was exquisite! A lot of great nuggets of wisdom. Enjoyed the interview! When will David be interviewed?

@eddietembo8350 Жыл бұрын

When will David interview David? I kid. But, yes, Zell is an absolute maestro!

@dandoba3818 Жыл бұрын

Thank you David!

@weissomar185 Жыл бұрын

Sam is the greatest real estate investor who applied that knowledge to other industries.

@chrismullarkey3181 2 жыл бұрын

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.

@merrittpalmer4349 Жыл бұрын

what is the orange pill

@AlbertaRealtorEddyTadesse Жыл бұрын

thanks for sharing. I work as a realtor and see this in real-time.

@etobillion7805 2 жыл бұрын

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.

@cryptogoth 2 жыл бұрын

David Rubenstein has the credibility and his own great success, to ask these other great investors and be taken seriously.

@rwnorris24 2 жыл бұрын

Didn’t he say he never like to be wrong? On a previous edit on BBG TV promo? Regards.

@wyattgarrett2624 2 жыл бұрын

which oil company took the loss on their sale of houston real estate?

@trumpyla 2 жыл бұрын

The man, the myth, the legend … straight to the f..king point! #Arrow

@engtari 2 жыл бұрын

David!!... Well done

@guharup 2 жыл бұрын

Good to see David has sorted out his struggles with the tie

@terrybeach2032 Жыл бұрын

Great interview.

@oluwakemiadeyemi267 Жыл бұрын

Does anyone have a link to the article: The Grave Dancer? Kindly share. Thank you.

@raychows7712 Жыл бұрын

Subscribed just because of this interview

@JamrockVybzTV 2 жыл бұрын

Great interview

@IOl-OI-ov1pp Жыл бұрын

Send a direct message immediately”,

@SimonStormFrigon Жыл бұрын

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

@TheSnugglery Жыл бұрын

That's a wise old INFP right there. The best investors... hi MBTI ppl👋

@ericburns8669 2 жыл бұрын

David asks great interview questions. Young interviewers take notice

@keithmilliken6448 Жыл бұрын

Awesome!

@UpendraKumar-zw3tp 2 жыл бұрын

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.

@peterl545 2 жыл бұрын

We need massive conversions from commercial to residential. It should stem the tide and alleviate housing issues.

@solomon1486 2 жыл бұрын

Love you Sam😻

@brycejimmy7216 2 жыл бұрын

Real success comes from learning and taking calculated risk. A salary is not enough, learn to Invest!

@loganmateo7530 2 жыл бұрын

Considering today’s economy, what do you propose?

@willanderson642 2 жыл бұрын

The market is dead! This is the worst time to invest

@TheOriginalCryptoPimp 2 жыл бұрын

This is who you listen to when it comes to real estate, not Grant Cardone.

@allyadoe9802 Жыл бұрын

“Let us always question the sincerity of our intentions before transforming it into action”. Khaled Bentounes, 20th Century.

@Chris-xv7wd 2 жыл бұрын

I remember David on cnbc in February. He said inflation was not a concern.

@timbuktu93 2 жыл бұрын

Businesspeople aren’t god. They’re not economists either. Don’t hang on to their every word.

@Chris-xv7wd 2 жыл бұрын

@@timbuktu93 these guys are mindless. That’s my point

@Chris-xv7wd 2 жыл бұрын

@@timbuktu93 most people on tv today r mindless drones.

@61757 Жыл бұрын

Hail Volcker!

@allyadoe9802 Жыл бұрын

“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.

@dw2841 Жыл бұрын

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.

@IOl-OI-ov1pp Жыл бұрын

Send a direct message immediately,

@nancyyancy5199 Жыл бұрын

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!

@tomyao7884 Жыл бұрын

I like this guy! :) Reminds me a bit of buffett

@paulgriffin5978 2 жыл бұрын

Could someone please define what Mr. Zell means by "barriers to entry"?

@geowhjr 2 жыл бұрын

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.

@nancyhoulihan4720 Жыл бұрын

If the office buildings have full baths could be rental?? maybe?

@dipcharanbarman9 Жыл бұрын

Prayer for money

@AuditorInvestor Жыл бұрын

Legendary investor

@saivamsikrishnaposani7157 10 ай бұрын

Rest in peace, Mr. sam Zell the grave dancer

@dtf2903 2 жыл бұрын

Please interview Donald Bren .

@mariarusso1325 2 жыл бұрын

Hi Tom how are you doing😊

@musicmisc.4166 2 жыл бұрын

Would love to see Bill Ackman!

@IOl-OI-ov1pp Жыл бұрын

Send a direct message immediately”,

@vincentmurphy9252 Жыл бұрын

Zelle is 100% correct as usual

@jaredconnor Жыл бұрын

"we're not in a recession" lol didn't know we were doing a comedy skit

@mrpetelara 2 жыл бұрын

Excellent Video

@jamiesroda8761 2 жыл бұрын

go blue Thanks

@ranand089 7 ай бұрын

❤

@iamkman 2 жыл бұрын

David looks tired with his Brooks brothers suits! Sam on the other hand is a legend

@SI-qp7cm Жыл бұрын

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

@IOl-OI-ov1pp Жыл бұрын

Send a direct message immediately,

@davontewillams8858 2 жыл бұрын

*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.*

@markfedrick2137 2 жыл бұрын

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.

@harrywhite5488 2 жыл бұрын

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.

@suzanne7285 2 жыл бұрын

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.

@isabelapinto3599 2 жыл бұрын

I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 7 days of trading

@mariarusso1325 2 жыл бұрын

@Gloria Cook Hi Gloria how are you doing😊

@eleojimenez6398 Жыл бұрын

2:18

@nickvera8916 Жыл бұрын

Rest in Power 🙏🏽✝️

@SanjuV49 Жыл бұрын

How many of you From India 🇮🇳 👍

@panama-canada 11 ай бұрын

Turn offices into apartments and solve the home affordability.

@malikahmad8170 2 жыл бұрын

I recall he bought some newspapers ownership also.

@IOl-OI-ov1pp Жыл бұрын

Send a direct message immediately”,

@boredstrayingtheinternet2557 Жыл бұрын

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?

@marcuswesterlund6257 2 жыл бұрын

Yoda

@GeneCAu 2 жыл бұрын

Zell looks like Thanos

@Randall2023 2 жыл бұрын

Dauphin River First Nation Manitoba Canada 🇨🇦

@ankon009 7 ай бұрын

MashAllah

@aihong2971 2 жыл бұрын

Musk doesn't have the ethics of Zell. Zell considered his shareholders and protected them!

@arthurabreu2962 Жыл бұрын

RIP Sam.

@erhardthansgeorg839 Жыл бұрын

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.

@Rick.4890 Жыл бұрын

At the crucial time, telling anyone about crypto currency trading isn't financial advice by all factors. It is life advice

@jasmineitzen8228 Жыл бұрын

@Seth Rogen 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?

@Max.5058 Жыл бұрын

@Seth Rogen You seem to be doing well by yourself how did you achieve this?

@Larry_Swanson580 Жыл бұрын

@Seth Rogen It fascinating that you just recommended Mrs Camille.

@Larry_Swanson580 Жыл бұрын

With the good reviews i have heard and seen about Mrs Camille, I invested $70,000 in blue chip stocks and other crypto currencies, guess what; She made me huge profit of about $380k and many more from later investments. She's an outstanding, a professional and most appreciated, a sincered broker i have ever met.

@titusp9488 Жыл бұрын

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

@IOl-OI-ov1pp Жыл бұрын

Send a direct message immediately,

@user-gr2bb4jm7g Жыл бұрын

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

@andreskylo5868 Жыл бұрын

*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?*

@hakim6158 2 жыл бұрын

How is only worth 6 billion?

@IOl-OI-ov1pp Жыл бұрын

Send a direct message immediately”,