Phrase by 'David Lichtenstein'
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When you take smaller gambles, no one particular deal can be big enough to have a material adverse effect on the company.
Author: David Lichtenstein - American BusinessmanYou , Big , Enough , Company
I started my career buying and owning single-family houses, and I know that's a really tough job. Toilets break. Trees fall. There are so many things that can go wrong. Land, on the other hand, is cheap to manage. It's painless, really. All you have to do is pay your taxes, and that's it.
Author: David Lichtenstein - American BusinessmanYou , Tough , Job , Fall
One valuable lesson I learned is that buying cheap is very important. Buying without debt is also very important. Leverage is your enemy.
Author: David Lichtenstein - American BusinessmanYour , Important , Lesson , Enemy
In Texas, they're very proud of being cowboys. It's a different atmosphere - a lot more agricultural. I can't, living here in Jersey, predict who they are. It's called respecting the community.
Author: David Lichtenstein - American BusinessmanProud , Being , Community , Living
You don't have to be too bright to get into real estate.
Author: David Lichtenstein - American BusinessmanYou , Real , Real Estate , Bright