$0.18 (3.73%)
05:47PM (15 mins delay)
Nov 18, 2009 - 9:13 AM EST
Jim Delaney submits:“Grave Dancer” sounds like something that would be air-brushed onto the tank of a ’54 Pan-head chopper or maybe even tattooed on the arm of the guy riding it, or maybe engraved on the handle of some famous outlaw’s pistol. The point is the term seems to conjure mythic proportions to wherever it might be attached to or inscribed on and when it comes to real-estate investing, that it was long used, as Sam Zell’s moniker makes the point that much clearer.
Mr. Zell is by no means an outlaw of any kind and from what I’ve read his taste in motorcycles is more towards racing bikes. But when you’ve picked as many real-estate market bottoms (and tops) and plucked prime pieces of property for pennies on the dollar, the universe tends to recognize talent and bestows on you a title to show its appreciation for your hard work.
Source: Seeking Alpha (Nov 18, 2009 - 9:13 AM EST)
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