Elevate with Tyler Chesser - The Real Estate Podcast for Investing, Mindset and Personal Development E265 Peter Linneman - The Commercial Real Estate Investor’s Rebooted Future Amidst Groundbreaking Longevity, Science & Technological Advances, and its Compound Effect on Investments
Today, Peter Linneman shares how people's life expectancies limit us from embracing our full potential and capabilities. Peter has been in the business and has been giving gifts of greater quality of living standards.
Peter believes that the most unvalued skill in life is intellectual curiosity. Intellectual curiosity will make people take action, but sometimes, it leads them to be blind but smart enough to recover from that. The inspiring words from Peter are that people are just afraid of conditions, not age. Realizing you're capable will be a big help, so listen to this!
Key Points from This Episode:
- How to notice cognitive bias?
- Peter shares how to check people’s thinking
- Why are people constantly distracted by things that seem unimportant but are not that important?
- How can people be active and reactive to people from tough times?
- Ten years from now, Peter explains why the success and failure of people have nothing to do with what happens six months from now.
- How is it empowering oneself to give the most extraordinary talents?
- Peter shares that a lot of people settle for mediocrity.
- How important is it that people should be aware of how they behave and interact with the environment?
- Peter shares how people can do better than mediocre.
- Why is it important to focus on what matters?
Tweetables:
“Don't get distracted by shiny objects ” - Peter Linneman
“And I could promise you, it's not, it's not easy. It's just what you do ” - Peter Linneman
“There are times when you can do so much better than mediocre
” - Peter Linneman
Links Mentioned
About Peter Linneman
For nearly 45 years, Dr. Peter Linneman's unique blend of scholarly rigor and practical business insight has won him accolades from around the world, including PREA's prestigious Graaskamp Award for Real Estate Research, Wharton's Zell-Lurie Real Estate Center's Lifetime Achievement Award, Realty Stock Magazine's Special Achievement Award, being named "One of the 25 Most Influential People in Real Estate" by Realtor Magazine and inclusion in The New York Observer's "100 Most Powerful People in New York Real Estate".
After receiving both his Masters and Doctorate in Economics under the tutelage of Nobel Prize winners Milton Friedman, Gary Becker, George Stigler, Ted Schultz and Jim Heckman, Peter had a distinguished academic career at both The University of Chicago and the Wharton School of Business at the University of Pennsylvania. For 35 years, he was a leading member of Wharton's faculty, serving as the Albert Sussman Professor of Real Estate, Finance and Public Policy as well as the Founding Chairman of the Real Estate Department and Director of the prestigious Zell-Lurie Real Estate Center. During this time, he was co-editor of The Wharton Real Estate Review. He has published over 100 scholarly articles, eight editions of the acclaimed book Real Estate Finance and Investments: Risks and Opportunities, and the widely read Linneman Letter quarterly report. He is also the co-creator of the popular, and highly regarded, Real Estate Finance and Investment Certification course, REFAI.
Peter's long and ongoing business career is highlighted by his roles as Founding Principal of Linneman Associates, LLC, a leading real estate advisory firm, and its affiliates. For more than 40 years, he has advised leading corporations and served on over 20 public and private boards, including serving as Chairman of Rockefeller Center Properties, where he led the successful restructuring and sale of Rockefeller Center in the mid-1990s.
Although retired from Wharton's faculty, Dr. Linneman continues his commitment to education through his SAM Elimu educational charity for orphans and children of extreme poverty in rural Kenya. He has been married for nearly 50 years and remains an exercise enthusiast.
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