Donald Trump Quotes

Business is other people's money.

People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.

It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon.

Business? It's quite simple; it's other people's money.

Credit is the lifeblood of business, the lifeblood of prices and jobs.

I play with leverage.

You're only the boss if you put up your own money.

People who want to make a million borrow a million first

The thing about using other people's money is they're going to set the rules.

I have plenty of investments that I wish I'd never made. But the model is to lose money on a lot of investments and then make 1,000X or 10,000X on an investment.

Financially, I've lost money and made money, but I know my way around financially.

Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.

I've made money in real estate, hotel, and restaurant investments.

Business, that's easily defined - it's other people's money.

I would borrow money all day long, if the cost of borrowing is less than the expected return.

In any business opportunity, you'd be looking, probably, primarily at the risk and return. Some business can be very risky with a low return; what you want is the lowest risk with the biggest return.

Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.

We've always been modestly leveraged, and we've never believed in a great deal of leverage on either our private equity business or on our investment banking business. And I think it really goes back to my uncle and dad growing up in the Depression and just seeing what happened to people who were overly levered.

Money is a very fundamental ingredient in anyone starting up a new business.

I'm primarily just an investor.

For a number of major companies, if you can't access the commercial markets, you can't fund your business. That's a big problem. You can't pay your bills.

The last thing you want to do, unless it's a very unusual situation, is to invest money.

I have no complaints about losing money I put in high-risk investments. I did some of that when I had real money; my informed choice, my measured gamble.

I am not that good a manager for me to be comfortable borrowing someone else's money.

Investors don't like uncertainty.