Why Sam Zell Is A Billionaire And You're Not

Maria Bartiromo to Sam Zell in a CNBC interview yesterday: DO YOU REGRET MAKING [THE DISASTROUS TRIBUNE] DEAL?”

Sam Zell: YOU KNOW, MY HEAD ONLY FUNCTIONS LOOKING FORWARD. I’M NOT REALLY VERY GOOD AT LOOKING BEHIND. AND SO CONSEQUENTLY I DON’T TEND TO
REMINISCE OR, YOU KNOW, SELF-MUTILATE MYSELF AS A RESULT OF PAST
DECISIONS. I THINK I MADE THE DECISION WHEN I MADE IT. I THOUGHT IT WAS
AN APPROPRIATE INVESTMENT AT THE TIME. OBVIOUSLY CIRCUMSTANCES HAVE
PROVEN THE OPPOSITE, BUT THIS, TOO, SHALL PASS.

Alternate title for this post: Why Sam Zell is a Billionaire And You’re Not

See Also: Zell: Tribune Fine Now That We Don’t Have To Pay Debts

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