Post Tagged with: "Sam Zell"

Source: CNBC

Billionaire Sam Zell says he is buying some ‘ridiculously low’ stocks in the wild market swings


Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he’s been taking advantage of the stock market’s volatility.

The billionaire founder of Equity Group Investments said in a “Squawk Box” interview that “We’ve …

Source: Houston Chronicle

Billionaires circle distressed assets in U.S. oil and gas patch

Houston Chronicle

Billionaires are circling the distressed U.S. oil and gas patch, looking to pick up assets on the cheap at a time when the state of the industry is scaring off other investors.

Sam Zell has teamed up with …