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Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
—Warren BuffetAs soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
—Adam SmithIn real estate, you make 10 percent of your money because you’re a genius and 90 percent because you catch a great wave.
—Jeff GreeneReal estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in
the world.
—Franklin D RooseveltI always felt uncomfortable with real estate because buildings don’t move, and neighbourhoods change.
—Stephen A SchwarzmanReal estate is one sector that India is not very proud of.
—Kushal Pal SinghThe problem with real estate is that it’s local. You have to understand the local market.
—Robert KiyosakiReal estate is the key cost of physical retailers. That’s why there’s the old saw: Location, location, location.
—Jeff BezosLand monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly.
—Winston ChurchillThe major fortunes in America have been made in land.
—John D Rockefeller
(This story appears in the 05 July, 2019 issue of Forbes India. To visit our Archives, click here.)