Home
Authors
Tags
App
Get QuoteDark Inspirational Quotes App
All Quotes by author - Wilbur Ross
" Absent some international interruption, there's no real justification for oil being more than $90 or $100 a barrel. "
Justification
Some
Real
" A company not under sanction is just like any other company, period. "
Like
Other
Period
" Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things. "
Things
Banking
World
" Barring some national security concern, I see no valid reason to keep peer-reviewed research from the public. To be clear, by 'peer review,' I mean scientific review and not a political filter. "
Political
See
Research
" Believe it or not, Mexico has better treaties with the rest of the world than the Unites States does. "
Mexico
Better
Believe
" Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon. "
Act
Community
Congress
" China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice. "
Country
Talk
Free
" China is the world's biggest exporter, but they're also the people with one of the highest tariffs on imports in the whole world. That seems a little bit oxymoronic. "
Seems
People
Little
" Confrontational things, admission of error, admission of defeat, restructuring, laying people off - those are not American ideals. "
Things
Defeat
American
" Each weekend I play at least one and maybe two sets of tennis a day. My doubles team was in the finals recently at my tennis club in Palm Beach and lost a tiebreaker after a three-hour match. I must confess, by the end of the three hours, I was relieved it was over. "
End
Lost
Team
" Enforcement is a very important part of the administration strategy. We think that even our friendly nations should live by the rules, and if they don't, we will intend to enforce things against them. "
Strategy
Important
Live
" Everybody talks about tariffs as the first thing. Tariffs are the last thing. Tariffs are part of the negotiation. The real trick is going to be increase American exports. Get rid of some of the tariff and non-tariff barriers to American exports. "
Last
Negotiation
Real
" Generally speaking, companies get into bankruptcy as a kind of meritocracy. Somebody made some sort of big mistake, to get into bankruptcy, and very often, a part of the mistake is too much leverage. "
Too Much
Big
Kind
" Hillary Clinton can't tell a good trade deal from bad one. "
Bad One
Bad
Trade
" I am not anti-trade. I am pro-trade. But I am pro-sensible trade. "
Trade
Am
I Am
" I believe if we and the Mexicans make a very sensible trade agreement, the Mexican peso will recover quite a lot. "
Mexican
Believe
Will
" I believe in the two-party system. "
Believe
I Believe
I Believe In
" I don't think there's anything inherently wrong with a bank being big. In fact, there are some good arguments about universality of geography that in theory, if you have all your eggs in one little community, and some big employer goes out, that could be your downfall. "
You
Think
Wrong
" If people know you have the big bazooka, you probably don't have to use it. "
You
Big
Know
" If trade deficits are good, why is China so pleased that they run a huge trade surplus? It's perfectly obvious that if China hadn't been such a huge net-exporter, it never would have grown at the rate that it did. "
Good
China
Never
" If you add up all the promises any politician makes, the math doesn't work. Hillary Clinton's math doesn't work; Donald's math probably doesn't work. I think you have to listen to their campaign pitches more as symbolic, more as metaphors. "
Think
Promises
More
" If you add up all the promises any politicians makes, the math doesn't work. "
Politicians
Math
Work
" If you think about it: a big bank in any country, what is it? Really, as an investment, it's a warrant on economy. "
You
Bank
Investment
" If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America. "
Class
Want
America
" I'm a very big proponent of cloud. We've used it a lot in private sector, and as far as we can tell, it is not only more efficient, it's probably also more secure for lots of very complicated technical reasons. I think it's a very important thing for government to do, and also to have systems that talk to each other. "
Think
Government
Cloud
" In many critical things, such as the very high purity of the aluminium we need in aerospace, we only have one producer. That's not a good formula. "
Only
Good
High
" I see myself as a private-equity investor that helps rebuild companies. Restructuring is a cottage industry in that there aren't that many serious practitioners. "
Serious
I See
Myself
" I still like TIPS (Treasury inflation-protected securities), and I think a big opportunity is coming in the municipal bond market. "
Think
Opportunity
Like
" I think at the end of the day, the real sick man of Europe is liable to turn out to be France, not Greece, not Portugal, not Spain, not Italy. The reason is France is very uncompetitive to begin with on a global scale, and the measures that Hollande has been putting in have been very, very negative from the point of view of economic growth. "
Day
End
Growth
" I think it's natural for any manager to want to grow his business. The question is at what rate, and in what direction, and in what format? "
Grow
Business
Think
Check our other websites:
BookDark
MusicDark