← Changed Positions

Sam Parr on Real Estate

211 days apart Revised

Parr initially outlined a strategy to invest tech profits into real estate, but later expressed regret and wished he had used funds instead.

THEN · Jun 1, 2022
0:00 / 0:32exact quote · 32.4s
NOW · Dec 29, 2022
0:00 / 0:04exact quote · 5.0s
“And the, the, the kind of the strategy that my wife and I had was let's just try to get somewhat wealthy with tech stuff and have that continue to make cashflow and, and, and, you know, selling companies and pile a lot of it into real estate because that's something, because like with my business, we had to send an email every day, but if Gmail changed, like it could go out of business, a building that I own, I could lose a fair amount of money on it, but like there's, it's still a thing that someone will purchase, even if it's at a huge loss, but it's not going to go to zero.”

Jun 1, 2022 · Behind The Scenes Of The Billionaires' Mastermind (TIGER 21) | Michael Sonnenfeldt Interview full source →

“I regret buying real estate. I wish I didn't own any real estate, and I wish I just invested in other people's funds.”

Dec 29, 2022 · The 2022 Milly Awards (#401) full source →

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