
Francis Najafi | Founder and Chief Executive Officer of Pivotal Group
Leading Voices in Real Estate
Emotional Investments vs. Strategic Investments
Investments in promontory were based more on emotion rather than expertise or investment strategies. Despite significant negative cash flow initially, a large investment was made, which eventually resulted in success. This investment did not align with the usual operating principles but turned out to be highly successful in the long run. The speaker highlights the emotional aspect in investment decisions, even for rational individuals. The discussion shifts to the speaker and their brother's partial ownership of a business which began in the early 1990s with Robert Sauber relocating from Tucson to Phoenix.
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