Excellent Documentary. Sam Zell has lead a grand life. An American gladiator and combatant in the arena with other business men. Surviving on top using excellent logic and business skills.
Did I hear Sam Zell correctly? “ I haven’t worked a day in my life since the four days I was at that law firm.” A man after my own heart! When you love what you do it is not work.I can see from the comments below that everyone is enjoying your eye opening videos. Good work. This is a great way to teach and also inspire people. Back in the early 1980s I had a chance to meet Ted Turner when he came into town for the America’s Cup. He was quite loquacious but every word he said made sense. 24 Hour News was his big dream and he made it come true.
Early life checked and confirmed. Also confirmed is excessive use of Video AI Enhancement .. or WAIFu2x (it is that bad). Editor needs to use a less heavy hand when applying these tools.
This is the meaning of karma. Things happen miraculously. Just like two refugees who come into a new country and both start to sell fruits and vegetables at the local marketplace. Both have zero seed capital. After ten years we check what happened. One became a millionaire and the other is hardly able to pay rent. So to become financially successful it is all about karma. You did well in your past life and now comes the reward. There's no coincidence.
What an excellent video! You always make videos on people i already had an interest in or videos on ppl i had no idea of, but found interesting after watching your video!
Rocky your one of a kind..really showing who the BIG LIONS are in this game..well enroute for a successful future..play your cards right Rocky..and you'll go places...
He’s poking big bears so YT/google algo won’t like him. Big money owns most land. Billionaire John Malone owns 2,200,000 Acres in USA and reportedly largest US private land owner. Queen of England owns 6.5 billion acres or ~1/6 of land on Earth. Most falls under Crown Estate which essentially operates as a RE biz.
@@jmc8076 In the 2015/2016 fiscal year, the Crown Estate's property evaluation was £12 billion with a £304.1 million net revenue profit (up 6.7%) lol not trillions as most say
@@Nothinglefttosay Are you still asleep ? Do you not know the small group of people control the world eat the world's children ? If not. You along with any others are going to have A very rude awakening. Taking down the rest of the elites starts today,and nothing can stop what is coming. Happy Easter.
Ok so this channel does a lot of CGI or something? Cause i keep wondering why someone kept doing Zell's face like that? Looks VERY graphically constructed.
@@rajeshupadhyay5683I'll suggest you lookup this genius woman, Christine Lynn Saitta, she's the real investment prodigy and has also helped me handled my trades for over 15 months now
I am really surprised to see someone here also employ madam Christine's services. She has been managing my investment and my weekly returns are so amazing
Deserves "success" even if it destroys the lives of millions of americans? You have absolutely no idea how evil this psychopath is and how much harm he is causing to the housing market, directly responsible for millions of homeless, even working class people who have jobs but can no longer afford housing.
Appreciate your videos! I’m 54 and younger generations should know there’s no shortcut to acquiring wealth, but there are ways to go about it. Fellow millionaires don’t tell the poor/middle class they need the knowledge of finance coaches to help build their wealth. If anyone here needs a good coach, here’s it..
@@phoenix5054 Bloomberg politics is obviously unintelligent and subpar, the business and technology shills on there also make it less intelligent and exaggerated to a bias... quite gimmicky lately.
What I liked about Sam is his charisma, he goes to the milken institute with fellow real estate moguls dressed so slick and speaks inteliigent, and here goes Sam commenting in ordinary language but straight to the point, no BS on this guy
Blackstone is also the largest commercial space owner in India with 70 million square feet of office space in 2013.And all these are grade A properties
I saw Zell give a talk at the University of Illinois Law School, where he described the implications of new legislation passed in 1996. Before '96, radio media stations could only own 12 channels, however they removed that barrier allowing unlimited channel ownership (eventually leading to highly concentrated media oligopolies). Zell's team went out and bought 152 radio stations, later selling them all to Clear Channel for just over $1.5 billion. Although he didn't practice law, the education he received in law school greatly enhanced his ability to understand it's dynamics in business.
Thank Clinton the Republican far right media owning markets buying all the newspapers, TV, Radio and creating legal monopolies in rich man’s propaganda
@@UKindness4 I sometimes wonder if the forces of capitalism made such concentration inevitable. Fortunately the internet came along, and while mass media still receives more attention than it probably should, newspapers are struggling for survival. Free flow of accurate information is critical to a healthy society.
@@atoghra1 ya think. It has everything to do with it. Unfettered capitalism is the death of capitalism at some point. The whole belief of markets and people doing the right thing because the market will dictate it, is nonsense.
"It never occured to me that I couldn't do it." That ladies and gentleman is why Sam Zell is the most successful businessman in the world of real estate. Mindset is everything when it comes to success. You got to believe you can do something before you actually even do it.
I'm so glad that I stumbled on to this! What a great documentary. Funny how near the end of the video he begins to be referred to as "old guard" or outdated. We haven't scratched the scratch on this guy's mindset, insight, and ability to make fine wine out of what others thought was MADD Dog 20/20! This to me is what living your best life looks like. Not just become wealthy, but striving to be all that you can.
Ya I remember how my grandpa bought all oh his cars with cash. He saved for years working and then paid cash for a new car. He was super opposed to car loans and debt. Society today pushes debt by forcing interest rates super low for two decades encouraging borrowing as borrowers win the most thanks to inflation and savers are losers really thanks to inflation.
@@sciencenotstigma9534he means being the best you can be at what you do. However you also sacrifice relationships and friendships because it becomes from passion to obsession. Anyone who is great is always alone
Brother. Your efforts are tremendous for those who want to gain Knowledge of the financial and real estate community. The most impressive is the level of detail and well structured insight for seasoned professionals as myself. Well done. Perfectly timed as well. (This goes for all of your videos) Please keep the storytelling going.
A kind man , I'm a nobody but was honored to have Sam in my house for coffee a couple of times . Such a humble kind man . Also one hell of a business man .
I followed this deal in modest depth while it was happening. I was a loan broker at the time, and the lending that was going on was so far beyond stupid, I couldn't believe it. I saw loans being given to people where the loan payments were 85% of their income, never mind their utilities, food, gas for their car. I thought the RE bubble was topped out about a year before it popped, and I will always give Sam Zell credit for getting out at 11:59 at the very tippy top of the market. And let's be clear; he could not have done that if there was not a willing buyer. As he said at time, he was being offered so much for his company, he'd be stupid to turn it down.
@@Finaius Well, OK, fair enough. But that is not the mentality of a skilled businessman, that's the mentality of a drunk at a bar at closing time. Here you had a REIT run by Zell, most skilled operator in the biz. It's stock price was what, $42? That price represented the yield (REITs are priced mostly on yield) under the control of the most skilled guy ever, as judged by the smartest guys in the market. OK, you wanna pay $44 for it, fine. And yes, there's a lot of multi-year work assembling the whole portfolio of properties By the time the bidding got up to the upper $50's, the expectation had to be that so many underperformers could be sold off that the jewels would still shine. But that's an awfully tall bet when you're paying up over 20% over market for ALL of it, even the doggies. And all this happened after a multi-year runup in comm RE with seemingly no top. Under normal conditions, 7% appreciation (the 20% premium being paid) is a solid 3 years of growth with no bumps in the road. The deal was an expression of "gotta have it, at any price". Auction fever. Not what you'd expect out of supposedly skilled operators itching to buy it. Sam said at the time he was being offered so much money, he could not turn it down. He knew damn well the offer was crazy high and he was smart to take it.
@@Finaius Yep.. family sold real estate in Florida at the time.. he was getting loans magically approved all of a suddenfor all clients, even poor families..for the most unqualified people with no credit, getting approved for 200K for a brand new florida townhome. They had zero credit people getting credit like it was a river of money that didnt exist. Then the same people would take money out of it after refinancing it.. made no sense ha.
I love the story about being connected with your close family. Helping each other, consulting each other, in every situation, that's why these people almost always achieve tremendous success.
@@michaeljosephjackson2364 even the most stupid people in the world knows that the Jewish are the smartest people in the world !!! 🇮🇱🇮🇱🇮🇱 God bless the chosen people and Israel !!!
Prices can go up real fast. Homes I was looking at 5 months ago are $40,000 more now today. They likely will go back down but then again they might not any time soon. Always a gamble. So a decision like this may result in a home price going up 10s of thousands of dollars.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
“Rebecca Noblett Roberts’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a meeting.
Excellent work... Good visual flow and very engaging narration. Above all, the music selection is phenomenal. This is what makes or breaks a documentary.
Better to listen to Sam Zell tell his own story in his book "Am I being too subtle" on Audible. Sam doesn't wear business suits as portrayed in the AI synthetic characters in this video.
My boy back at it with ANOTHER banger! I know it may be a long shot request but could you possibly do a video on Robert F Smith? (Vista Private Equity CEO). He never really gets his just due as a titan and pioneer in his industry and I think it'd add a cool little diversity in your catalog.💯 Other than that keep up the amazing work sir. Been rocking with you since 600 subscribers. Stay Blessed Rocky 🙏🏾
Hey Man, I never comment on your videos, sorry for that. I just wanna let you know I enjoy every single one of them, you’re doing some really great work. Congrats and i’ll keep watching all of them! 👏🏻
I worked for a company in the mid 1990's that serviced his office buildings, he hired a consultant to streamline the maintenance, basically a ploy to cut the bill, new scope of work etc, the managers ended up demanding same service as before with reduced invoice, slight of hand shell game
When it comes to investing,It goes a long way and the first step is enlightening the knowledge and steps to be taken for a sublime project Well done!!!There's actually no two ways in making money especially through investment,it must come with a mentality, but there are smart steps to take to avoid further losses. Having this experience since 2010 and have acquired over 5M I'm right here for you.
This is maybe my favorite episode. This guy seems so smart and such a go getter. I can't believe how many places he acquired in college to make the equivalent of 1m today upon graduation.
For those interested Sam Zell commissioned a company (my moms cousin was one of the main designers and builders) to build these very neat automated 'Music Boxes', messages that were entirely custom made each year, a few thousand pieces were produced annually for about 2 decades, with a pre-recorded message from Sam, celebrating the turn of the new year, typically for his high end clients, etc. They sell for thousands of dollars ($5000-$20,000) if you can find one in good working condition they are very cool. I've seen 10-20 of them, all very cool to watch. Some have tons of moving parts and some are a bit simpler while still having motion, and a custom song for each, with a light show! I'll post videos of them sometime this year, he has the coolest ones of them all I believe.
"Music Box"......Ya no thanks a good amp and speakers with an internet connection can be had for that price and sound far better with unlimited music available.
@@mohammadwasilliterate8037It’s notable. Unusual. Remarkable. No one is saying they want one instead of a Bluetooth speaker. Not me, not anyone. You’re having a Biden moment. No one is there.
@@chaseteter Am talking about HiFi, you know high fidelity sound systems, KRELL Amplifiers $5,000+ and Speakers from reputable brands SONUS FABER $15,000+ not crappy "Music Boxes" with "Pre-recorded messages" what a complete waste of time and money.🤣😂
Another great video. Thank you for sharing these financial moments in history. Each and every one of your videos that I’ve seen have been educational and entertaining. 🙏🏾
@@Toxic-th4si Charlie Munger,Steve cohen, Paul Tudor Jones, Carl Icahn, Bill Ackman, Catherine Wood, and George soros are all people that are very well known in the finance and investing space and they all have a video made about them. Peter lynch has to be the least well known out of any of these people and a video about him would be amazing
I lived in Chicago during the 90’s. One of the Zell stories I heard was regarding a partner/best friend of his. I was told Zell had a partner/best friend who he was very close to. The partner died and Sam committed to his deceased partners family that they would always own half the company or they would always be cared for for the rest of their lives. Has anyone heard the story? Is it true? The way it was told to me, Sam didn’t really have to pay a lot to buy them out but he committed to them to receive half the upside of the partnership profits and value. Pretty amazing if it’s true.
I live in an LA suburb I love exploring cities on foot. I have been taking the subway to downtown and then roaming on foot. Delighting in the architecture, observing the evolution and history. One of my favorite train exits is 7th and Metro 🚇 I love emerging from the underground into this courtyard of retail, restaurant and office building space Subconsciously I wonder how spaces like these get built and more importantly how managed. Financed. Maintained It was neat to see this as one of the properties acquired and owned by Sam Zell. It was cool to see a face and his history tied to a physical space I knew next to nothing of Bravo! And thank you.
I think a housing crash will happen because all those people who bought homes over asking price, although it was at a low interest rate, they are over their heads. They have no equity if the housing prices continue to go down, and if for whatever reason they cannot afford the house anymore and it goes into foreclosure because even if they try to sell, they will not make any money. I think this will happen to a lot of people especially with the massive layoff predicted for the future and the cost of living rising at a high speed.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I have diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@@marcelrobert9569 Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 50 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
@@robertlucas8288 Julie Anne Hoover is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent amount of money with the right skills and proper understanding of how the markets works.
Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.
What an amazing story. Imagine doing something just because you can. He knew his strengths and he played to them. It is a fact anyone can use for their own success. Believe in what you know and hammer at it until you succeed at it to whatever success looks like for you.
Dude these videos are excellent! I have been binging and just want to thank you for your great content! This is an interesting story and am wondering about more details about what the brother in-law did wrong to be indicted and found guilty about the tax issue and how was Sam able to buy 4B of real estate after that if investors were not as willing to loan him money at this time? Keep up all the great work and am interested in more details if that is possible! Thanks PS the one thing I don't know about it is that fur around the mic though 🙂
I moved to Queretaro, Mexico on 11-2-2021 at the age of 79, and had 1-800-Got Junk to clear out my apartment. I always gave away, and I did not have junk. I had most of my stuff packed up, so they had an easy job. I have a 100% studio apartment here, that includes all utilities, WiFi. maid service, and an excellent view of the city. It is $850 less expensive per month living here. The USA became to deadly and expensive. I have index cards of all I got rid of, and I do not miss anything. A great feeling. People die at any age.
He look absolutely nothing like he did at 40... but he was a risk taker, who was also strategic...not sure a lot of his skills would be as genius today, the climate of things are quite different , if anything he has some gems
Rest in Peace Legend! 1941 - 2023
What a coincidence his family arrived in USA on May 18 and he died on May 18.
@@Babaji_ki😢😢😢😢😢
He proved that "Your Degree doesn't affect Career You want".
From Lawyer Degree to Real Estate Tycoon.
Se sono morti poi li pubblicano ma che cavolo di senso a se sono morti lasciateli in pace
Ecco era ebreo giudicebelgio
Excellent Documentary. Sam Zell has lead a grand life. An American gladiator and combatant in the arena with other business men. Surviving on top using excellent logic and business skills.
At the expense of millions of homeless families who can no longer afford insane rent.
Gladiator, lol
Did I hear Sam Zell correctly?
“ I haven’t worked a day in my life since the four days I was at that law firm.” A man after my own heart! When you love what you do it is not work.I can see from the comments below that everyone is enjoying your eye opening videos. Good work. This is a great way to teach and also inspire people.
Back in the early 1980s I had a chance to meet Ted Turner when he came into town for the America’s Cup. He was quite loquacious but every word he said made sense. 24 Hour News was his big dream and he made it come true.
Early life checked and confirmed. Also confirmed is excessive use of Video AI Enhancement .. or WAIFu2x (it is that bad). Editor needs to use a less heavy hand when applying these tools.
This is the meaning of karma. Things happen miraculously. Just like two refugees who come into a new country and both start to sell fruits and vegetables at the local marketplace. Both have zero seed capital. After ten years we check what happened. One became a millionaire and the other is hardly able to pay rent. So to become financially successful it is all about karma. You did well in your past life and now comes the reward. There's no coincidence.
ua-cam.com/video/bqFZZJKASTw/v-deo.html
@@lenny108 Its more like a Cohencidence
Hey, Chris Rock said it already, there is a difference between a job and a career..
What an underrated channel. Informative, accurate, to the point. I would watch your videos all day long.
What an excellent video!
You always make videos on people i already had an interest in or videos on ppl i had no idea of, but found interesting after watching your video!
Rocky your one of a kind..really showing who the BIG LIONS are in this game..well enroute for a successful future..play your cards right Rocky..and you'll go places...
He’s poking big bears so YT/google algo won’t like him. Big money owns most land. Billionaire John Malone owns 2,200,000 Acres in USA and reportedly largest US private land owner. Queen of England owns 6.5 billion acres or ~1/6 of land on Earth. Most falls under Crown Estate which essentially operates as a RE biz.
We're out of debt with the first investing government in human history.
Sad man
@@jmc8076 In the 2015/2016 fiscal year, the Crown Estate's property evaluation was £12 billion with a £304.1 million net revenue profit (up 6.7%) lol not trillions as most say
Sam Zell looks like he drinks a cup of human blood every day to keep his energy levels up.
Truth. Great Red Pill Anon. Black Rock-Vanguard real estate . Soon to be OWNED by We The People per President Trump Executive Order via DWAC.
And...?
@@Nothinglefttosay Are you still asleep ? Do you not know the small group of people control the world eat the world's children ? If not. You along with any others are going to have A very rude awakening. Taking down the rest of the elites starts today,and nothing can stop what is coming. Happy Easter.
😆😆
I know 😈😈😈
Storytelling at its finest here.
Rocky, you're onto something special. Thanks for putting this together so articulately.
Ok so this channel does a lot of CGI or something? Cause i keep wondering why someone kept doing Zell's face like that? Looks VERY graphically constructed.
His father was broke, came to America and opens a jewelry shop. Good story
You said it all! Well, the reason I am looking for a more genuine smart way on short term investment, any idea here?
@@rajeshupadhyay5683I'll suggest you lookup this genius woman, Christine Lynn Saitta, she's the real investment prodigy and has also helped me handled my trades for over 15 months now
I am really surprised to see someone here also employ madam Christine's services. She has been managing my investment and my weekly returns are so amazing
Sam Zell seems like an amazing guy. I read his book it's great, he desearves all the success he has.
Deserves "success" even if it destroys the lives of millions of americans? You have absolutely no idea how evil this psychopath is and how much harm he is causing to the housing market, directly responsible for millions of homeless, even working class people who have jobs but can no longer afford housing.
Appreciate your videos! I’m 54 and younger generations should know there’s no shortcut to acquiring wealth, but there are ways to go about it. Fellow millionaires don’t tell the poor/middle class they need the knowledge of finance coaches to help build their wealth. If anyone here needs a good coach, here’s it..
get to her with the name
Elizabeth Greenhunts
Good I got here. Big Thanks
Tell that to gen Z. Lol. This is coming from a millennial 😅
Great story and well done to Sam. He has done what people dream of doing. All I can say is wow. Nice documentary.
Great video. I had heard of Sam Zell. Another example of a smart hard working man, raised by parents who instilled the right values, and work ethics.
Greedy jwe skum zell responsible for widespread homelessness.
You mean another person from the chosen people
@@amineidir5021 cope
@@sinatra222 Keep crying
@@amineidir5021chosen by who?
Stopped watching Bloomberg content, now watching Rocky’s. All the business media can learn from this channel. Excellent content, keep it on! 💯
You can always watch both. Bloomberg is limited by the fact they really cannot talk about the incumbents since they sell business data to them.
@@phoenix5054 Bloomberg politics is obviously unintelligent and subpar, the business and technology shills on there also make it less intelligent and exaggerated to a bias... quite gimmicky lately.
No BJ CJ to to😂@@phoenix5054
@@phoenix5054 and their partisn in politics
What I liked about Sam is his charisma, he goes to the milken institute with fellow real estate moguls dressed so slick and speaks inteliigent, and here goes Sam commenting in ordinary language but straight to the point, no BS on this guy
Old school .. straight shooter… type of guy you’d like to pull a barstool and have a drink.
I love how supportive everyone is of your work. Not a negative comment in sight! Nice community you got there....🥰
Blackstone is also the largest commercial space owner in India with 70 million square feet of office space in 2013.And all these are grade A properties
Wait a minute what?
True
Wtf
😳
Great work yet again, keep raising the bar. Your videos stimulate and motivate, you have a knack for this, take it all the way brother.
I saw Zell give a talk at the University of Illinois Law School, where he described the implications of new legislation passed in 1996. Before '96, radio media stations could only own 12 channels, however they removed that barrier allowing unlimited channel ownership (eventually leading to highly concentrated media oligopolies). Zell's team went out and bought 152 radio stations, later selling them all to Clear Channel for just over $1.5 billion. Although he didn't practice law, the education he received in law school greatly enhanced his ability to understand it's dynamics in business.
It is always better to know about laws haha
Thank Clinton the Republican far right media owning markets buying all the newspapers, TV, Radio and creating legal monopolies in rich man’s propaganda
@@UKindness4 I sometimes wonder if the forces of capitalism made such concentration inevitable. Fortunately the internet came along, and while mass media still receives more attention than it probably should, newspapers are struggling for survival. Free flow of accurate information is critical to a healthy society.
@@atoghra1 ya think. It has everything to do with it. Unfettered capitalism is the death of capitalism at some point. The whole belief of markets and people doing the right thing because the market will dictate it, is nonsense.
incredible
"It never occured to me that I couldn't do it." That ladies and gentleman is why Sam Zell is the most successful businessman in the world of real estate. Mindset is everything when it comes to success. You got to believe you can do something before you actually even do it.
Truth
More like Greed if you ask me no wonder there's an epidemic in homelessness
@@kenkeliba2639 also very true
All you have to do is give yourself to Satan and share his fate 👍🏿
@@kenkeliba2639 Even where this is not allowed, homelessness is just rampant, lets talk, China , let's talk deep in the African Villages
I'm so glad that I stumbled on to this! What a great documentary. Funny how near the end of the video he begins to be referred to as "old guard" or outdated. We haven't scratched the scratch on this guy's mindset, insight, and ability to make fine wine out of what others thought was MADD Dog 20/20! This to me is what living your best life looks like. Not just become wealthy, but striving to be all that you can.
All that you can be, in what way?
Negro Please
Ya I remember how my grandpa bought all oh his cars with cash. He saved for years working and then paid cash for a new car. He was super opposed to car loans and debt.
Society today pushes debt by forcing interest rates super low for two decades encouraging borrowing as borrowers win the most thanks to inflation and savers are losers really thanks to inflation.
It must have been nice for him
To grow up in a society where the dollar was gold backed at least.
@@sciencenotstigma9534he means being the best you can be at what you do. However you also sacrifice relationships and friendships because it becomes from passion to obsession. Anyone who is great is always alone
These videos are insane in both quality & content, thank you!
Brother. Your efforts are tremendous for those who want to gain Knowledge of the financial and real estate community. The most impressive is the level of detail and well structured insight for seasoned professionals as myself. Well done. Perfectly timed as well.
(This goes for all of your videos)
Please keep the storytelling going.
Honestly
A kind man , I'm a nobody but was honored to have Sam in my house for coffee a couple of times . Such a humble kind man . Also one hell of a business man .
Stop the cap 🤣
Must've been nice to live in a time when actual savings and loans still existed!
You are doing an amazing job!!! Thank you for all these inspiring stories in great quality
I love this Sam Zell guy. Thank you for doing a video on him.
jwe profiteer responsible for widespread homelessness.
Although an interesting story in itself, the presenter kept my interest all the way till the end great job Rocky. 👍🏿
Great content as always, keep it up guys.
I followed this deal in modest depth while it was happening. I was a loan broker at the time, and the lending that was going on was so far beyond stupid, I couldn't believe it. I saw loans being given to people where the loan payments were 85% of their income, never mind their utilities, food, gas for their car. I thought the RE bubble was topped out about a year before it popped, and I will always give Sam Zell credit for getting out at 11:59 at the very tippy top of the market. And let's be clear; he could not have done that if there was not a willing buyer. As he said at time, he was being offered so much for his company, he'd be stupid to turn it down.
I think a lot of the players knew that as well, that's why they wanted to do one last money grab lol.
@@Finaius Well, OK, fair enough. But that is not the mentality of a skilled businessman, that's the mentality of a drunk at a bar at closing time. Here you had a REIT run by Zell, most skilled operator in the biz. It's stock price was what, $42? That price represented the yield (REITs are priced mostly on yield) under the control of the most skilled guy ever, as judged by the smartest guys in the market. OK, you wanna pay $44 for it, fine. And yes, there's a lot of multi-year work assembling the whole portfolio of properties By the time the bidding got up to the upper $50's, the expectation had to be that so many underperformers could be sold off that the jewels would still shine. But that's an awfully tall bet when you're paying up over 20% over market for ALL of it, even the doggies. And all this happened after a multi-year runup in comm RE with seemingly no top. Under normal conditions, 7% appreciation (the 20% premium being paid) is a solid 3 years of growth with no bumps in the road. The deal was an expression of "gotta have it, at any price". Auction fever. Not what you'd expect out of supposedly skilled operators itching to buy it. Sam said at the time he was being offered so much money, he could not turn it down. He knew damn well the offer was crazy high and he was smart to take it.
secret societies arent for nothing.
@@Finaius Yep.. family sold real estate in Florida at the time.. he was getting loans magically approved all of a suddenfor all clients, even poor families..for the most unqualified people with no credit, getting approved for 200K for a brand new florida townhome. They had zero credit people getting credit like it was a river of money that didnt exist. Then the same people would take money out of it after refinancing it.. made no sense ha.
@@hygrometer yawn
Bro, you deserve to be on all major platform up to Neftlix... Everything!
love every single one of your case studies.
I love the story about being connected with your close family. Helping each other, consulting each other, in every situation, that's why these people almost always achieve tremendous success.
the name of this people is : the Jewish people 🤣🤣🤣🤣 . I am Jewish too thanks God 🙏🙏🙏🇮🇱🇮🇱🇮🇱🇮🇱
@@the_patriot7 most richest people in uk are muslims
@@michaeljosephjackson2364 even the most stupid people in the world knows that the Jewish are the smartest people in the world !!! 🇮🇱🇮🇱🇮🇱 God bless the chosen people and Israel !!!
@@the_patriot7 I am not talking about who is smart
I am talking about how strong community is
Prices can go up real fast. Homes I was looking at 5 months ago are $40,000 more now today. They likely will go back down but then again they might not any time soon. Always a gamble. So a decision like this may result in a home price going up 10s of thousands of dollars.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
Do you mind if I ask you to recommend this particular coach you using their service?
“Rebecca Noblett Roberts’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a meeting.
Excellent work... Good visual flow and very engaging narration. Above all, the music selection is phenomenal. This is what makes or breaks a documentary.
Appreciate it 😊
Amazing production and story telling, the cinematography is next level
Are these clips from a movie or whats.
Very impressive documentary. Engaging and thought-provoking. Well done sir. Subscribed.
How much did they pay you to say this?
@@usaisnojoke nothing lol. His documentary’s are genuinely amazing if finance fascinates you. I wish I got paid lmao
Its amazing we get this quality content for free
Nothing free here. UA-cam is selling your eyeballs (and mine) to advertisers.
We are the product. The video is just a lubricant for the transaction.
Better to listen to Sam Zell tell his own story in his book "Am I being too subtle" on Audible. Sam doesn't wear business suits as portrayed in the AI synthetic characters in this video.
Bad comment. You want to be charged? Don’t give him ideas haha
No, you'll see ads and they take away your time.
How does this man not have more subs
I really love the animation on here!! so much. Literally clicked on and stayed watching because of it
By far my most favourite chanel on UA-cam
My boy back at it with ANOTHER banger!
I know it may be a long shot request but could you possibly do a video on Robert F Smith?
(Vista Private Equity CEO). He never really gets his just due as a titan and pioneer in his industry and I think it'd add a cool little diversity in your catalog.💯
Other than that keep up the amazing work sir. Been rocking with you since 600 subscribers. Stay Blessed Rocky 🙏🏾
This would be dope!
Great Job! I learnt about a real estate titan. Thanks for the research and effort putting together this video.
Great video.. definitely can learn a lot from his vast experiences & teachings. Thanks for sharing.
Another Excellent video
Great content! Very engaging and inforamtive. Thank you for your efforts!
Just found your channel. Great job! Subscribed.
This is exciting! The pureness of American tenacity. 👏🏾
He is Polish.
@@johnsmith-xd7vq where was he born and where did he grow up?
Human
@johnsmith-xd7vq lol he is ethnically polish but American born and raised.
Hey Man, I never comment on your videos, sorry for that. I just wanna let you know I enjoy every single one of them, you’re doing some really great work. Congrats and i’ll keep watching all of them! 👏🏻
Thanks Renan!!
Spectacular videos man. I’ve been watching a ton of these recently and they’re very high quality.
I worked for a company in the mid 1990's that serviced his office buildings, he hired a consultant to streamline the maintenance, basically a ploy to cut the bill, new scope of work etc, the managers ended up demanding same service as before with reduced invoice, slight of hand shell game
Reduced invoices? What do you mean?
Interesting... So, the managing/cut invoices/ bills, "trickled down"... smart move of the managers!
When it comes to investing,It goes a long way and the first step is enlightening the knowledge and steps to be taken for a sublime project Well done!!!There's actually no two ways in making money especially through investment,it must come with a mentality, but there are smart steps to take to avoid further losses. Having this experience since 2010 and have acquired over 5M I'm right here for you.
This Channel is Getting Epic Day by Day
This is maybe my favorite episode. This guy seems so smart and such a go getter. I can't believe how many places he acquired in college to make the equivalent of 1m today upon graduation.
This channel defines what is content
Great video
This was an excellent presentation! Thank you
Damn Rocky already has 175k in subs that’s ridiculous how fast this channel grew! Keep it up!!
6:00
20:28
21:50 How to become a good investor
For those interested Sam Zell commissioned a company (my moms cousin was one of the main designers and builders) to build these very neat automated 'Music Boxes', messages that were entirely custom made each year, a few thousand pieces were produced annually for about 2 decades, with a pre-recorded message from Sam, celebrating the turn of the new year, typically for his high end clients, etc.
They sell for thousands of dollars ($5000-$20,000) if you can find one in good working condition they are very cool. I've seen 10-20 of them, all very cool to watch. Some have tons of moving parts and some are a bit simpler while still having motion, and a custom song for each, with a light show!
I'll post videos of them sometime this year, he has the coolest ones of them all I believe.
I googled it and found some for sale $15k USD. Incredible.
"Music Box"......Ya no thanks a good amp and speakers with an internet connection can be had for that price and sound far better with unlimited music available.
ua-cam.com/video/bqFZZJKASTw/v-deo.html
@@mohammadwasilliterate8037It’s notable. Unusual. Remarkable.
No one is saying they want one instead of a Bluetooth speaker.
Not me, not anyone. You’re having a Biden moment. No one is there.
@@chaseteter Am talking about HiFi, you know high fidelity sound systems, KRELL Amplifiers $5,000+ and Speakers from reputable brands SONUS FABER $15,000+ not crappy "Music Boxes" with "Pre-recorded messages" what a complete waste of time and money.🤣😂
This channel is awesome. Thank you so much. Great sponsors too
One amazing success story of imigrant👍. What an insight, what a dedication.Respect 🎓
Another great video. Thank you for sharing these financial moments in history. Each and every one of your videos that I’ve seen have been educational and entertaining. 🙏🏾
THE KEY TO TRADING SUCCESS IS EMOTIONAL DISCIPLINE. IF INTELLIGENCE WERE THE KEY, THERE WOULD BE A LOT MORE PEOPLE MAKING MONEY TRADING.
INVESTMENT HAS BEEN THE ONLY GAP DIFFERENTIATING THE POOR FROM THE RICH👌
Most people today have been having a lot of failures in investing because of poor orientation and bad experts.
Very good documentary
This was such a GREAT video! Sam Zell was always on my list as one of the best entrepreneurs that ever lived! RIP!
I came across this UA-cam channel yesterday. Already 3 videos watched. Sooooo interesting
Great work man keep it up and maintain the quality
Great vdo.👌👌👌 Pls make a vdo on John Bogle and Vanguard 😎😎😎
Thanks for doing all the reserch and bring it to us with an amazing editing and non boring way of telling the story's of this amazing ppl out there.
The best fin documentary channel
This Man Must be the Greatest player of all time! History will confirm it!!!
I definitely like the change to a real estate video I could 100% watch more of these. Also can you do a video of Peter lynch?
Peter Lynch is already well known
@@Toxic-th4si Charlie Munger,Steve cohen, Paul Tudor Jones, Carl Icahn, Bill Ackman, Catherine Wood, and George soros are all people that are very well known in the finance and investing space and they all have a video made about them. Peter lynch has to be the least well known out of any of these people and a video about him would be amazing
Second this!
I love the videos and research you put together. I am sure a lot of effort has been invested. Thank you so much!!!
I lived in Chicago during the 90’s. One of the Zell stories I heard was regarding a partner/best friend of his. I was told Zell had a partner/best friend who he was very close to. The partner died and Sam committed to his deceased partners family that they would always own half the company or they would always be cared for for the rest of their lives. Has anyone heard the story? Is it true? The way it was told to me, Sam didn’t really have to pay a lot to buy them out but he committed to them to receive half the upside of the partnership profits and value. Pretty amazing if it’s true.
Great video! Really enjoyed it!
I live in an LA suburb
I love exploring cities on foot. I have been taking the subway to downtown and then roaming on foot. Delighting in the architecture, observing the evolution and history.
One of my favorite train exits is 7th and Metro 🚇
I love emerging from the underground into this courtyard of retail, restaurant and office building space
Subconsciously I wonder how spaces like these get built and more importantly how managed. Financed. Maintained
It was neat to see this as one of the properties acquired and owned by Sam Zell. It was cool to see a face and his history tied to a physical space I knew next to nothing of
Bravo! And thank you.
A great presentation and survey on the legend, Sam Zell!
I think a housing crash will happen because all those people who bought homes over asking price, although it was at a low interest rate, they are over their heads. They have no equity if the housing prices continue to go down, and if for whatever reason they cannot afford the house anymore and it goes into foreclosure because even if they try to sell, they will not make any money. I think this will happen to a lot of people especially with the massive layoff predicted for the future and the cost of living rising at a high speed.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I have diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@@marcelrobert9569 Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 50 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.
@@robertlucas8288 Julie Anne Hoover is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
@@marcelrobert9569 I hope that’s when I can buy an apartment when the housing market thanks.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent amount of money with the right skills and proper understanding of how the markets works.
His trade execution quality and profiting is well structured with great financial features.
Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.
Good good content.
Yes I'm a living testimony of Romero pieto his platform has also done a great thing for me.
Do you know someone who can scam me out of my money?
What an amazing story. Imagine doing something just because you can. He knew his strengths and he played to them. It is a fact anyone can use for their own success. Believe in what you know and hammer at it until you succeed at it to whatever success looks like for you.
Good job man! Very good job.👏👏👏
Waiting for a video on Paul singer . Loving your content
Its amazing to see how rich a lot of these guys were in their younger days, able to retire, but they continued building
I would enjoy my life and do work part time
Greed is the worst decease. Kills everybody around you.
@@elvergomez9105 If you think it’s greed than you don’t understand business my friend
@@Magic0P Then it's about power, worse than love of money!
@@pjangels609 Says by who? You? Who tf are you? 😂
Just wanted to appreciate your soundwork, cinematography and the structured approach.
Best of luck!
I dont usually watch this type of documentary, but am so glad I did!
Okay.
Hey friend
How are you doing today?
This was very interesting... love your history finance documentaries... Keep it up for us . and thank you for your effort !✌️💯
Great job crafting and telling this story!
Are these clips from any movie.
learned something new - I love Scandinavian home interiors!
He has something that you cannot learn at school: to be visionary. It is a gift.
Work ship Satan and you will get that and more.
Just like the movie The Devils Advocate
Do you mean _one becomes visionary by praying for one's daily bread_ ?
Dude these videos are excellent! I have been binging and just want to thank you for your great content! This is an interesting story and am wondering about more details about what the brother in-law did wrong to be indicted and found guilty about the tax issue and how was Sam able to buy 4B of real estate after that if investors were not as willing to loan him money at this time? Keep up all the great work and am interested in more details if that is possible! Thanks PS the one thing I don't know about it is that fur around the mic though 🙂
Excellent video !
Exccelente 5 stars! Channel!
Congratulations!
This is way it should be taught in schools and colleges!
Great job 👍
Please get a team together and try to post in a week time and atleast hour long duration. Rocky you’re doing god’s work!! Bless your kin 💮
I moved to Queretaro, Mexico on 11-2-2021 at the age of 79, and had 1-800-Got Junk to clear out my apartment. I always gave away, and I did not have junk. I had most of my stuff packed up, so they had an easy job. I have a 100% studio apartment here, that includes all utilities, WiFi. maid service, and an excellent view of the city. It is $850 less expensive per month living here. The USA became to deadly and expensive. I have index cards of all I got rid of, and I do not miss anything. A great feeling. People die at any age.
It has gone up so much
I am from tequisquiapan queretaro and I'm living in Arkansas, I hope u r enjoying living in my home state ❤
You strike me as still very material.
Thats awesome i have some family in qto
Your videos are really good. I’ve seen many already.
Thank you.
Top quality work, all the way around!
Would love to see a video about the rise and fall of famous hedge funds like Archego and LTCM.
These investor mini-bios are great, keep it up! 😊
He look absolutely nothing like he did at 40... but he was a risk taker, who was also strategic...not sure a lot of his skills would be as genius today, the climate of things are quite different , if anything he has some gems
Hat down for your work on this research video!
@Finius: Thank you for the great work. To go further, can you please recommend some books to read on these different bios? Thank you