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#367 Inside the Contrarian Mind of Sam Zell
Founders
Seek Clarity in Competition
Navigating business requires strategic positioning, particularly in environments with limited competition. Sam Zell emphasizes the advantages of operating in less crowded markets, highlighting that excessive competition distorts value assessments and inflates prices irrationally. He prefers natural monopolies or oligopolies over competitive landscapes, advocating for clear and straightforward dealings without pretension. These principles, coupled with his candid nature, contribute to his enduring appeal and loyalty among followers.
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