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. David Lichtenstein Read Quote
I’m not interested in having the second- or third-largest mall in Cincinnati. David Lichtenstein Read Quote
I would rather be the only horse in a one-horse town than be the third horse in a big city. David Lichtenstein Read Quote
One valuable lesson I learned is that buying cheap is very important. Buying without debt is also very important. Leverage is your enemy. David Lichtenstein Read Quote
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. David Lichtenstein Read Quote
When you take smaller gambles, no one particular deal can be big enough to have a material adverse effect on the company. David Lichtenstein Read Quote
At the end of the day, nobody cares how much you tried, what the deal was, or if you were a good guy or a bad guy. David Lichtenstein Read Quote
