Kathleen McCarthy on Real Estate Investments
Masters in Business
00:00
How Do You Protect Yourself From Pattern Recognition?
Steve Schwartzman: One of the things we preach to investors all the time is, don't fool yourself with pattern recognition. How do you protect yourself against being fooled by what looks like? Oh, I see this pattern when it's not really what we all think it is," he says. "We force a lot of connectivity and collaboration between our investment team and our asset management team every day creating value"
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