Back to our building: Once the land is leased at one rate, the land owner might sell the lease to a long term investor such as a pension plan or insurance company and recover much of the cost of the land in the process. Aristotle Onassis freed and cleared all his ships and made $ billions in the process by leasing them to solvent tenants, then pledging his leases for enough money to build the ships. If an investor pays for all an entrepreneur’s costs for a share of the profit, isn’t this about the same thing?
Continue reading “Using Imagination To Create Wealth – Part 3”