Markets

Billionaire investor Sam Zell questions Tesla and Bitcoin, predicts workers will return to offices, and warns the US dollar could be replaced as the world’s reserve currency in a new interview. Here are the 15 best quotes.

Real-estate magnate Sam Zell cautioned the US dollar could be usurped as the world’s reserve currency in the next decade during a Real Vision interview this month. The billionaire investor also argued the working-from-home phenomenon will prove temporary, and expressed scepticism about Tesla’s valuation and Bitcoin’s prospects. Here are Zell’s […]
Billionaire investor Sam Zell questions Tesla and Bitcoin, predicts workers will return to offices, and warns the US dollar could be replaced as the world’s reserve currency in a new interview. Here are the 15 best quotes.
Markets

‘We’re all going to be permanently scarred’: Billionaire Sam Zell cautions the coronavirus will leave a Great Depression-level dent in the economy

The coronavirus recession will likely fuel long-lasting economic fallout similar to that seen after the Great Depression, billionaire businessman Sam Zell said Tuesday on Bloomberg TV. “Too many people” expect the economy to rebound in a V-shaped trend, he said. “We’re all going to be permanently scarred by having lived […]
‘We’re all going to be permanently scarred’: Billionaire Sam Zell cautions the coronavirus will leave a Great Depression-level dent in the economy