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I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.

Eli Broad

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Eli Broad
Age: 87 †
Born: 1933
Born: June 6
Died: 2021
Died: April 30
Art Collector
Business Person
Financier
The Bronx
New York City
Thinking
Market
Indefinitely
Percent
Estate
House
Estates
Keep
Prices
Anything
Houses
Real
Lower
Going
Investing
Think
Selling

More quotes by Eli Broad

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School district policies and practices have not kept pace with student and teacher needs.
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If people want to criticize me because it sells papers, that's fine. I just don't like it when it's inaccurate.
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My wife was the first art collector in the family, and I didn't become interested until around 1973. The first important artwork we bought was a Van Gogh drawing of two peasant houses in Saintes-Maries-de-la-Mer.
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There is no substitute for knowledge. To this day, I read three newspapers a day. It is impossible to read a paper without being exposed to ideas. And ideas - more than money - are the real currency for success.
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Contemporary art challenges us.. it broadens our horizons. It asks us to think beyond the limits of conventional wisdom.
Eli Broad
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Oprah Winfrey's global influence is unparalleled. Not only has her generosity and firm belief that education is the key to a better life benefited countless women and children around the world, but her example has also inspired millions of people to give back in ways big and small.
Eli Broad
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How absurd that our students tuck their cell phones, BlackBerrys, iPads, and iPods into their backpacks when they enter a classroom and pull out a tattered textbook.
Eli Broad
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Unfortunately, the boards of art institutions tend to be populated with well-meaning supporters of the arts who often lack any business background or appetite for imposing appropriate discipline.
Eli Broad
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I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.
Eli Broad
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In high school, I would drive my teachers batty. They would make a statement, and I would say, 'Why is that?' They didn't want to be questioned.
Eli Broad
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For businesses to be successful, they need to constantly ask the question: how can we provide value to our customers? At the end of the day, that is what matters.
Eli Broad
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The best move you can make in negotiation is to think of an incentive the other person hasn't even thought of - and then meet it.
Eli Broad
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Someone once told me I'm a sore winner, and they're right. I rarely take more than a moment to enjoy a success before I'm moving on and looking for the next challenge.
Eli Broad
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If you have poor management that's not doing the right job, you end up with unions filling the void and... page after page of work rules and thicker and thicker contracts.
Eli Broad
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People don't know I've got a deep social conscience. I'm a child of the Depression, born in 1933. My parents were very liberal in their social views.
Eli Broad
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Collectors become obsessive and then addicted. You become addicted to art and you can't live without it.
Eli Broad
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Managers are responsible for setting workplace policies under which teachers can succeed. Managers are responsible for negotiating contracts that create the conditions under which teachers can succeed.
Eli Broad
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Any city in America would like to get a museum built if they didn't have to pay for it.
Eli Broad
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Research – and using what you learn from it to analyze every situation – is what separates being unreasonable from being irrational.
Eli Broad
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I don't see myself as a great discoverer of artists, like Charles Saatchi.
Eli Broad