Wilbur Ross Quotes

Supply chains cannot tolerate even 24 hours of disruption. So if you lose your place in the supply chain because of wild behavior you could lose a lot. It would be like pouring cement down one of your oil wells.

I don't want a trillion-dollar empire to run.

NASA's myriad failures are in many ways the natural consequence of a catastrophic combination of bureaucracy, monopoly, and a calcifying aversion to the kind of risk necessary for innovation.

Businesses make decisions based on what they are seeing in their order books.

Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices and staffing.

I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses - each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.

Could the garment and appliance industries be in cahoots together, creating an artificial sock demand to keep us buying?

We all must recognize that homeland security funds should be allocated by threat and no other reason.

We're talking to every third-party supplier every day of the week, and our traders are talking to them and buying products from them. When we're doing that, we see opportunities which no one else sees.

As we have seen again and again, when Amazon doesn't get the economic conditions from suppliers that it seeks, it simply goes its own way. In the book business, that has meant publishing its own titles under the various Kindle imprints. Now it's making diapers.

It's so funny to think that I used to be a model and here I am doing arbitrage, shipping and negotiating margins, the list is endless.

Terrorists can utilize any vulnerability in the system and that would include outbound shipments.

Businesses that decide to be reality based and identify where they're vulnerable to climate impact, that start thinking about how to buffer against it, are going to be able to take advantage of shortages. When the water runs out, not everyone is in the same pickle.

Last year, customs officials screened only five percent of the 11 million cargo containers entering the United States. That rate is both unacceptable and dangerous to our national and economic interests.

A wise human would have an understanding of the supply chain and how the pieces fit together. But it's against our nature to think about it.

There are lots of retailers that are now scrambling to emulate the Amazon model, so Amazon does not have a monopoly on same-day distribution or broad selection or low prices. All that said, there are advantages that accrue to the largest player, so I don't see much in the way of Amazon slowing down.

You'd rather have a surplus versus a shortage in your position.

We recognize that it is not only inbound but also outbound (cargo) that can pose a risk as well.

In the astronaut business - the shuttle is a very complicated vehicle; it's the most complicated flying machine ever built. And in the astronaut business, we have a saying, which is, 'There is no problem so bad that you can't make it worse.'

We ought not to depend in the degree we have done on supplies from other countries

This is mine; this is mine. I run it, I own it, and I created it. And nobody is going to make any money out of it except me.

Sir, I did not create a monopoly. Nor did I cheat anyone. I simply had the foresight to bid low and take a loss the first couple of years, with a long view in mind. The only thing I am guilty of is running a successful company.

People put themselves in difficult situations in lots of different areas. What you count on is people taking every precaution. The aerospace industry is unique in this aspect because a thousandths-of-an-inch mistake can cause spectacular failures.

Farmers and ranchers need long-term certainty about who they will be able to sell to and under what terms.

In this industry, there's a lot of cases of being a competitor in one way, but you're often a customer and a vendor in another way. It's not atypical in aerospace. Actually, it's not that atypical in a lot of industries.