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TIP530: The Top 5 Billionaire Books w/ Richard Wilson
We Study Billionaires - The Investor’s Podcast Network
Is Private Equity a Better Investment?
I was recently speaking with Michael Sonnenfeld who founded Tiger 21, which is a billionaire club and you know, high net worth individual club. He mentioned that for the last 23 years, real estate had been the number one strategy but only in the last year. So it's actually slipped down to, I think the number three spot behind private equity, publics and then now real estate. The average home that goes under contract has a 27% chance of not closing right now because the bank doesn't approve something at the last minute or ask for 19 things the night before closing like they love to do. In investorresidences.com, our average discount is 23.5% on each
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