First, the key to our prior success had been an inefficient market. The real estate industry had always been fragmented, with valuations and projecti… - Sam Zell

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.

chairman of everything and the CEO of nothing.

In real estate I’m known as the Grave Dancer. That was the title of an article I wrote back in 1976, and the nickname stuck. Some might see buying and creating value from others’ mistakes as a form of exploitation, but I see it as giving neglected or devalued assets, in any industry, new life.