The single biggest issue that I'm very sensitive to is inflation. I'm very concerned that this extended period where the interest rates were quite low and stimulated a lot of activity could breed inflation and create a problem for us.
Sam ZellThe question is not do you take money out of stocks and put it into real estate, or the reverse. There's so much money out there looking for a home. I don't think it's either/or.
Sam ZellI canโt imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.
Sam Zell