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Posted on: May 7, 2018, 7:16 a.m.
The noted investor sees overpricing in stocks and real estate, and patiently holds a big wad of cash. : Billionaire investor Sam Zell is sounding a bearish note on equities and real estate alike, telling Bloomberg TV: "The stock market, despite all its gyrations, is still at an all-time high. Real estate is priced to perfection...I'm a bit like that old Wendy's commercial, "Where's the beef?"... I think it's a very challenging situation, one that requires discipline." Indeed, he feels ... Full investment news articleRelevent to this post: Chicago Housing Authority Guggenheim Partners LLC,