Sam Zell explains the important psychological ‘shift’ taking place in the market

CNBC, Released on 11/16/16

“I think this country needs optimism. I think this country needs somebody like Trump to encourage us and lead us in an optimistic fashion.”

Sam Zell is an American businessman. He is chairman of Equity Group Investments (EGI), a private investment firm he founded in the 1960s. The firm’s equity interests are often in asset-intensive industries such as real estate, energy, logistics, transportation, media, and health care. EGI’s holdings also include fixed-income investments in public and private companies. The firm’s specialty has always been opportunistic, often contrarian, long-term investing and active ownership.

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