It’s not an area where I would deploy capital at this time, says Sam Zell, Equity Group Investments chairman, providing his outlook on retail real estate, and why he thinks Amazon’s acquisition of Whole Foods is not going to change retail.
Billionaire Investor Sam Zell: Retail Landscape Looks Like A ‘Falling Knife’
Since the financial crisis, Warren Buffett's Berkshire Hathaway has had significant exposure to financial stocks in its portfolio. Q1 2021 hedge fund letters, conferences and more At the end of March this year, Bank of America accounted for nearly 15% of the conglomerate's vast equity portfolio. Until very recently, Wells Fargo was also a prominent Read More