By Ben E. Johnson
Even for Sam Zell, one of many maximum contrarian traders, deciding to buy Tribune corporation used to be a dicy and debatable circulation. Many observed the acquisition of the Chicago Tribune and Los Angeles Times through a guy who had made his fortune in shipment packing containers, actual property, fertilizer, and plumbing to be an indication of the arrival media apocalypse. might be they have been nervous by means of Zell's nickname, "the Grave Dancer."
The circulation did not appear to make feel for Zell both. Why might an epithet-slinging, motorcycle-riding scrapper-who had began with not anything and labored his approach as much as a $5 billion genuine property fortune-be drawn to a declining media corporation (it could were one other tale if Zell had taken over Playboy, problems with which Zell had acquired and resold for revenue to neighbors round city whilst he used to be a teenager)?
Ben Johnson has the solutions during this attention-grabbing biography of a uniquely colourful tycoon, who's keen on blunt declarations and impressive company strikes. Johnson additionally tells the true tale of Zell's event on the Tribune, that feverish yr among his buy of the sick corporation and its announcement of financial ruin.
among the tale of Zell's upward push to brilliant riches and formerly untold information of his conflicts together with his staff and traders, Money Talks, Bullsh*t Walks will maintain readers alternately guffawing and at the fringe of their seats.
The Quotable Sam Zell
"If you are the greatest child at the block, you could throw your weight round. after all, I by no means used to be the massive child, yet i have made up for it over the years."
"The actual try out of an entrepreneur is anyone who spends his existence regularly trying out his limits. The definition of an fool is an individual who has reached their goals."
"I do not do enterprise with anyone who is now not afraid, and that i will not rent anyone who's convinced to the purpose the place worry isn't with regards to the skin. i have frequently stated that worry and braveness are cousins and extremely heavily related."
"Extremism within the pursuit of chance isn't a vice. If you have got noticeable me step over the sting, it is only to get you to take a number of steps towards the line."
"The 11th commandment is Thou shalt now not take oneself seriously."
"The smartest thing to have on this planet is a monopoly, and if you cannot have a monopoly, you will want an oligopoly. i am greater than prepared to depart all of the remainder of the hugely aggressive international to all people else."
"To create an drastically winning company that offers either chance and sustenance for employers this day and a destiny for them the next day, that is the problem. that is what every person might be speaking approximately. no longer my f*cking language since it does not matter."
"I imagine it used to be Confucius who acknowledged that 'Money talks and bullshit walks."
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Extra resources for Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell
Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben E. Johnson