Occupation: Investor Birth: November 28, 1937
Shale gas, if left to flourish, could create several hundred thousand more jobs..
Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things..
There is a future for the auto parts industry, but it needs a consolidation and a rationalization of geography in that most suppliers have facilities….
Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities..
What is worrisome about that is the U.S. standard of living. I think it is very difficult to envision our standard of living being preserved if we ar….
Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on ….
We're in the business not so much of being contrarians deliberately, but rather we like to take perceived risk instead of actual risk. And what I mea….
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 pr….
I'm pro-trade, but I'm pro-sensible trade, not pro-trade that is to the disadvantage of the American worker..
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 l….
You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning..
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 probl….