Stephen A. Schwarzman Quotes:
Stephen A. Schwarzman Best Quotes
I always felt uncomfortable with real estate because buildings don’t move, and neighborhood change.
I don’t know how to interview anybody. You start a conversation. You try to figure out how flexible their minds are.
Keep in mind that outside of Stanford and Silicon Valley, people don’t actually like change.
My personal taxes are 53% of my taxable income. That’s 36% on the federal level and 17% for state and local.
Famous Quotes by Stephen A. Schwarzman
Entrepreneurs need an ability to take rejection. Believe in your basic plan, but be adaptable and keep going.
I’m pretty good on my feet. I’m pretty decent at bobbing and weaving, but there’s only so long you can bob and weave when you don’t have a good base.
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I’ve lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.
The biggest mistake I’ve seen people make with their careers is, when they’re good, after two or three years – and they happen to be smart – they announce that they’re going out to start their own firm.