November 2009
Beginner to intermediate
256 pages
10h 55m
English
book
The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!)
by Ken Fisher, Lara W. Hoffmans
Content preview from The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!)
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9
TRUMPING
THE
LAND
BARONS
Dream
of
building
skyscrapers?
Collecting rent?
You
could be a land baron.
A
merica is a land of real estate mogul
s-h
omeownership is near
70 perc
ent
! Do n't let the recent residential hoopla dissuade
you
-there
's huge money in being a land baron.
Like
other
roads, it's
not
easy.
Successful land barons don't just
have a knack for finding tasty, unappreciated land and willing inves-
tors. T hey have the strategic vision of successful firm founders .
Essentially, they are founders. Fail to create a realistic and action-
able business plan and you likely won't do well on this road .
The
trut
h?
Long
-term real estate returns aren't great
-j
ust
5.8 percent since 1964.
1
Barely beats inflation!
How
do Sheldon
Adelson
($28 billion), Kirk Kerkorian ($18 billion), Donald
Bren
($13 billion), Sam Zell ($6 billion), and "the Donald"
($3 Trumpbillionsr' do it? Leverage!
159
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.