Long article on Sam Zell in Forbes Magazine. He is a great value investors whose reputation was hurt by the purchase of the Tribune company. Nevertheless, he provides good advice on investing. Here as some of his simple rules.
1. Look for bargains with assets that are out of favor;
2. Ensure that those assets are of high intrinsic quality;
3. Structure the deal so that you pay as little as possible in taxes.
- Sam Zell as described in Forbes Magazine
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