came across a WSJ interview: frugal and simple

I came across an interesting interview with a guy on WSJ: https://www.wsj.com/business/leon-capital-group-fernando-de-leon-wsj-money-interview-bdb2218c?mod=hp_lead_pos7. 

Several ideas that resonate:

1. expenses add up. They will hurt your opportunity to win once you had the shot.

2. in investing, you don't have to do things. You can wait.

3. attrition hurts your margin. take care of your employees (can be used against the corporate too, know your value). but also this applies to real estate - tenants turnovers can hurt your margin. prioritize stability and continuity if you can.