Sam Zell on Selling and Risk

 
Sam sold Equity Office Properties, the real estate investment trust he had built over decades, to Blackstone for $39 billion. At the time, business publications were unconvinced. “Is he cashing out too early?” One headline asked.
 
Instead as wenow know, the sale was at the top of the market, and only months before the credit meltdown [...]

One Trick Pony – Google

Google bought YouTube for $1.65 billion and claims one day it will make money from advertising, but for now it bears the rapidly increasing cost of storing and serving billions of videos most of which are watched by nobody. Google has courted similar unrequited expenses to bring users free business software, email, WiFi, a forthcoming [...]