Ross Perot Jr. Quotes

The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major sums so every penny is backed by insurance.

Bank failures are caused by depositors who don't deposit enough money to cover losses due to mismanagement.

If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

I was gonna go broke if I didn't get things turned around real fast.

Let's say I go completely broke, I'm about to star in the next '30 for 30: Broke.'

Every deal is a regulated deal. Regulators will tell you how to take your money home.

I had to escape the destruction of my father's bankruptcy and all that difficulty.

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

Investing is for wealth preservation, not wealth creation, so first you have to make wealth.

One day we are a hero, another day we are a zero. Without me, Cardiff would have gone bust. Because of my investment, we got promoted.

I might make an investment and lose some money, but that's something I can recover from.

Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes, bought cars, took out student loans.

I get heartfelt thanks from all kinds of people. Today I heard from a waitress in Georgia who has lost her job and is trying to figure out how her local bank can change the terms on her credit card, and I heard from a physicist at a major research university who wants to explain a better theory of financial stress tests.

I have been rich, and I have been broke. Some of it is my fault for choosing bad management and making bad investments. But that is life - we all take risks.

I’m going to come back to you so you can protect your investment.

The way we accumulate capital in our society is through trust.

The government can’t guarantee that you should earn profit from your investments.

No Man is richer for having his Estate all in Money, Plate, etc. lying by him, but on the contrary, he is for that reason the poorer. That man is richest, whose Estate is in a growing condition…

Hideous bankruptcy is here ... yet you deliberate .... Is it so magnanimous ... to give a portion of one's revenue to save all of one's possessions?

I'm not a millionaire. I have a high earning power, but I never did have any capital.

It has long been said the only things in life that are certain are death and taxes. Automatic enrollment for insurance of 401k loans would add an additional certainty. Fewer Americans would suffer the unnecessary loss of retirement savings due to unanticipated and untimely misfortune in an already stressful time of need.

We have to provide more visibility, more certainty to the investors and reduce the cost of failure.

I want to say something in a tough-love kind of way about crop insurance. Let's face it: You don't buy insurance on your house hoping it will burn down. Neither do we want to buy crop insurance and hope our crop fails so we can file.

As governor of RBI, Dr. Rajan has sent confidential and sensitive financial information to various persons around the world on his University of Chicago unsecure personal email address. This is a reckless disregard of the national security of India.

A financial institution has the task of taking risks, and if it's a well run institution - say, Goldman Sachs - it tries to cover the potential losses to itself, but only to itself.