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Sam Zell and Hindenburg vs Tingo Group

Welcome to the twenty-first Pari Passu newsletter,

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Today, we will learn more about:

  1. Sam Zell - Capital Allocators Podcast

  2. Hindenburg Research shorts Tingo Group

Sam Zell - Capital Allocators Podcast

On May 18th, Sam Zell, the founder and chairman of Equity Group Investments, passed away, leaving behind a 60-year legacy of domination across the real estate and publishing industries, among others. This episode of Ted Seides’ Capital Allocators podcast is a one-on-one conversation published in memoriam in which Zell discusses the formative childhood experiences and initial bouts in entrepreneurship that shaped his investment strategy and comfortability with contrarianism. Zell also offers rich insights surrounding business development and the emerging investment landscape. We will summarize Zell’s foundational background and explain how this gave rise to a set of five core beliefs we have extracted from the podcast.

Foundational Background

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