You go public because you want access to capital in the form of debt and equity.

If I had high-ticker 10 percent financing, which would probably be the market rate, I would have to dump stuff. The interest payments would be killing me.

Properties have different characteristics, like companies, and the market throws up more opportunities because it is inefficient.

I suppose I was a frustrated artist. I like fitting things together, and there are plenty of different ways to do that with real estate.

The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.

I wish Americans thought more like Europeans when it comes to money and work. They take time off, they do what they love. We think work is the most valued commodity. Really the most valued commodity is time.

When I was a kid, I was in love with one of the 'Charlie's Angels.' I told my dad, 'I'm going to marry somebody like Cheryl Ladd.' My dad said, 'You're not that good-looking, mijo. You're going to have to make a lot of money if that's what you want.' I went, 'Well, I want that, so I'm going to make money.'

A runner must run with dreams in his heart, not money in his pocket.