The annual 'Forbes' Billionaires List speaks volumes about the movement and concentration of wealth across industries and geographies. David Lichtenstein More Quotes by David Lichtenstein More Quotes From David Lichtenstein At the end of the day, nobody cares how much you tried, what the deal was, or if you were a good guy or a bad guy. David Lichtenstein end-of-the-day day good you You don't have to be too bright to get into real estate. David Lichtenstein real-estate get you real One valuable lesson I learned is that buying cheap is very important. Buying without debt is also very important. Leverage is your enemy. David Lichtenstein lesson your important enemy Perhaps the secret to making a billion dollars in real estate is that there is no secret. David Lichtenstein real-estate making real secret I would rather be the only horse in a one-horse town than be the third horse in a big city. David Lichtenstein city only big horse I'm an extrovert. David Lichtenstein extrovert To be human is to err, isn't it? David Lichtenstein err human I started my career buying and owning single-family houses, and I know that's a really tough job. Toilets break. Trees fall. There are so many things that can go wrong. Land, on the other hand, is cheap to manage. It's painless, really. All you have to do is pay your taxes, and that's it. David Lichtenstein job you tough fall Growing companies need commercial space, and their employees need to live nearby. David Lichtenstein employees live need space Whether an economic boom is fueled by the fashion industry or technology innovations, it needs a brick-and-mortar foundation. This is not only true in New York and San Francisco; wherever you live, you can find a local hotspot positioned to attract interest from businesses, consumers and investors. David Lichtenstein live you fashion technology When you're in 45 markets, you take it on the chin here and there. David Lichtenstein chin here take you People from all over the world want to be in New York. This rather simple idea took me a long time to learn. David Lichtenstein me simple time people When you take smaller gambles, no one particular deal can be big enough to have a material adverse effect on the company. David Lichtenstein big you company enough I'm not interested in having the second- or third-largest mall in Cincinnati. David Lichtenstein mall second having not-interested In Texas, they're very proud of being cowboys. It's a different atmosphere - a lot more agricultural. I can't, living here in Jersey, predict who they are. It's called respecting the community. David Lichtenstein being living proud community I'm just a normal guy. David Lichtenstein just normal guy
