Barry Ritholtz, Columnist

How the Co-op King of New York Earned His Crown

The key was turning tenants into owner-occupants, creating a path to personal wealth creation.

January 2, 2019 at 4:42 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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How do you go from being a literary agent to a professional real-estate investor?

For Francis Greenburger, this week’s guest on Masters in Business, it came rather naturally. In 1966, after dropping out of high school, he used a $5,000 loan from his father — who was, in fact, both a literary agent and a real-estate investor — to start buying residential buildings.