Billionaire Sam Zell on Market Valuations, Real Estate, Post-Virus Economy
Sam Zell, chairman and founder of Equity Group Investments Inc., discusses current market valuations and what the post-coronavirus world may look like.
Zell, the billionaire known for buying up troubled real estate, said the Covid-19 pandemic will leave the same kind of impact on the economy and society as the Great Depression 80 years ago, with long-lasting changes in human behavior that imperil many business models.
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