The virtues of forgetting

Offer the inducement of a high yield

Honor.

Think honor!

It pays to trust your instincts

Barbell; stand or don’t!

Stand or lie down!

Lose a battle, win the war?

Less expensive more profitable idea

Less expensive ***

Drawn to the real estate value not the income

Real estate value > Income! ***

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Always think about the downside!

Rent control

Rent control began as a
temporary federal policy in 1943

First, be involved yourself

Unfortunately, I made a very critical mistake right at the start:
I should have gotten involved myself.

Modest discomfort?

If
there’s one thing I’ve learned about the rich, it’s that they
have a very low threshold for even the mildest discomfort.

Always consider the downside! ***

You don’t act on an impulse—
even a charitable one—unless you’ve considered the
downside.

Think about what sells

If an older look is what people want, that’s
what I’m going to provide. I’m not interested in buildings that
don’t sell.

The solution was obvious: leave the building intact, but cut
out bigger openings and enlarge the windows.***

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Better design decision

Renovating wasn’t only cost effective, it was also a better
design decision.

Benchmark.

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Beaten down but always standing back up 

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To have better ideas nap more? 

Innovation and creativity is less? 

The less the fewer stuff you have… The more innovative you could become?

Just one shirt?

100% merino wool, in Asia, Southeast Asia dries overnight. So you only need 1 shirt?

You just need one! ***

What if you already had perfect or more than enough?

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No gym no life?

Kanye #1

Always be training!

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Team, teamwork!