Today we reflect on the learnings of the late Sam Zell…a self-made billionaire who was dubbed the ‘grave dancer’ early on in his career after buying up distressed properties in the 1970s. That’s how he made his first killing. And right now could be the perfect time to channel some Sam Zell wisdom…
Is the new Wilson LIC, WAM Strategic Value (ASX:WAR) a buy? Whilst WAM has proven form using the underlying investment strategies planned for this new LIC, there are a few reasons why I would be cautious about jumping in. The performance fee is high, opportunities for this overall strategy have dried up somewhat compared to…