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Alan Smolinisky (born November 28, 1979) is an American entrepreneur/investor who began his career in commercial real estate in the late 1990s while attending the University of Southern California. Smolinisky partnered with his landlord Brian Chen after observing a large shortage of student housing around USC. Together through their company Conquest Student Housing, they went on to build and renovate many buildings around the campus, eventually becoming the largest provider of private student housing at USC, and later at the University of California at Santa Barbara. Conquest became so dominant at USC that the University sued them under the Sherman Antitrust Act for "monopolizing the student housing market around USC’s University Park Campus". The company was sold to a private equity firm and publicly traded real estate investment trust in summer 2008 for $205 million. After a brief retirement, Smolinisky and Chen moved away from real estate and into public securities investment using funds received from the sale of their company. Smolinisky and Chen are value investors, an investment paradigm that derives from the ideas on investment that Benjamin Graham and David Dodd began teaching at Columbia Business School in 1928 that focuses on acquiring assets at less than their intrinsic value. Today, the movement is most closely associated with Berkshire Hathaway Chairman Warren E. Buffett and Vice Chairman Charles T. Munger. Today, Smolinisky and Chen manage their own personal investments (approximately $500 million total assets under management) from a small office in Pacific Palisades, California. Investments include a collection of small retail shopping centers in Los Angeles, CA, a portfolio of 2,000+ units of affordable housing across 11 states, a portfolio of publicly traded securities, and a capital leasing business. == The Palisadian-Post == In December 2012, Smolinisky purchased the Palisadian-Post, a weekly subscription based newspaper that serves Pacific Palisades, California. The Palisadian-Post was founded in 1928 and has been published every Thursday since its founding. A 2013 front-page Los Angeles Times profile of Smolinisky quoted him as saying "Pacific Palisades is my favorite place on Earth, and the Palisadian-Post is my favorite newspaper. I have a moral obligation to make sure this newspaper is published every Thursday for as long as I live." Smolinisky shut down the money losing printing business, replaced most of the staff, and sold the paper's longtime building due to the printing operation being outsourced. Many long time community members were upset with the abrupt changes. In November 2013, the newspaper moved into new headquarters in the Palisades Village. The paper currently has 19 staff members and over 5,000 paid subscribers (the most in the 87-year history of the paper). A one-year subscription costs $69. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Alan Smolinisky」の詳細全文を読む スポンサード リンク
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