REXR - It Takes A Huge Setback To Make A Massive Comeback
2024-07-13 07:00:00 ET
Summary
- Riches-to-riches stories are not as interesting as stories of overcoming hardships.
- Even companies such as Apple have had failures over the years, making it important to diversify and choose companies carefully when investing.
- Regency Centers and Rexford Industrial Realty are recommended as strong investment options in the real estate sector.
Riches-to-riches stories don’t usually make for great reading.
“He was born with wealth. He never struggled to maintain or grow it. And he died with an even greater fortune than before.”
Talk about boring.
But a life of hardships overcome?
How many books have we all read (or at least heard about) that involve that kind of plot?
Most fiction stories revolve around this concept.
So does almost every biography and autobiography worth mentioning.
Consider how Apple Inc. ( AAPL ) was founded. According to the Library of Congress :
“Apple Computer Inc. was founded on April 1, 1976, by college dropouts Steve Jobs and Steve Wozniak, who brought to the new company a vision of changing the way people viewed computers small enough for people to have them in their homes or offices. Simply put, they wanted a computer that was user-friendly.”
It wasn’t an easy road from those humble beginnings, filled with a lot of trial and error. And then there was work drama that prompted Jobs to exit the company in 1985....
It Takes A Huge Setback To Make A Massive Comeback