Billionaire Sam Zell says he is buying some ‘ridiculously low’ stocks in the wild market swings
Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he’s been taking advantage of the stock market’s volatility.
The billionaire founder of Equity Group Investments said in a “Squawk Box” interview, “We’ve been buying some stuff that we thought was ridiculously low” in the recent coronavirus-driven sell-offs on Wall Street. “But not a lot,” he added.
Zell…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.