Wilbur Ross

11 statements across 1 episodes · 2 bullish · 6 bearish · 1 people on the record · first statement Aug 30, 2024 by Wilbur Ross · across every show →

On the record as a speaker too: Wilbur Ross's record, appearances and statements → this page counts the times other people say the name.

Everything said about Wilbur Ross, oldest first

Aug 30, 2024 negative
Opinion
Ross: U.S. Government Is the Most Over-Leveraged, Under-Managed Entity
“You can argue that the U.S. Government is the most over-leveraged An under-managed situation that we have, especially then it was.”
Wilbur Ross Aug 30, 2024 ▶ 7:31 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 negative
Assertion Contradicted
Ross: Los Angeles School Superintendent Abolished High School Math
“Milken Institute sent me an interview they had done with the head of the school system in Los Angeles, and the reason they did an interview with them is he had abolished, prohibited the teaching of mathematics in high school.”
Wilbur Ross Aug 30, 2024 ▶ 39:40 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 negative
Assertion Contradicted
Ross: University Survey Found Plurality of Youth Believed US Invented Slavery
“There's a university, I think it's University of Wisconsin, surveys people, 18 to 25 each year, with a bunch of macro questions. And the two most interesting ones on the last survey I saw, the first one was, where was slavery invented? You know what the most p…”
Wilbur Ross Aug 30, 2024 ▶ 41:29 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 negative
Assertion Not checkable as stated
Wilbur Ross: Milken's junk bonds directly drove an increase in corporate bankruptcies
“When he was inventing deliberately junk bonds at Drexel, Burnham, and Lambert, you knew putting out that much highly leveraged debt would result in many more bankruptcies than before.”
Wilbur Ross Aug 30, 2024 ▶ 3:47 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 neutral
Assertion Supported
Ross: Icahn and Ross Were Publicly Adversarial to Trump Before Supporting Him
“When the bonds collapsed, Carl Icahn, who's a good friend of ours, became the largest bondholder. So the two of us were quite adversarial in a very public way to Trump then. But interestingly, both of us turned out to support him.”
Wilbur Ross Aug 30, 2024 ▶ 8:35 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024
Insight
Ross: Leaders blaming external factors over controllable problems signal failure
“They never talk about anything that's within their control that they could do something about fixing. And to me, that's a telltale sign that the guy who's headed for real trouble Because there are a lot of things you can't fix, but if you don't focus on the on…”
Wilbur Ross Aug 30, 2024 ▶ 3:01 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 positive
Opinion
Ross: High-Yield Bonds Were a Useful and Stimulatory Economic Innovation
“But on, on balance, I think high yield bonds were a good idea and a useful idea and had a very stimulatory effect. On the economy.”
Wilbur Ross Aug 30, 2024 ▶ 5:51 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024
Disclosure
Ross: Owned 18 factories and visited China 80 times before Trump campaign
“Over the years we had 18 different factories making different things at different companies in China. So I was in China 80 times before the Trump campaign, and I also got money from the various funds in China”
Wilbur Ross Aug 30, 2024 ▶ 10:00 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 negative
Insight
Ross: True free trade is a fantasy due to national self-interest
“Understanding that there is no such thing as true free trade in the world as we know it. It's a nice theory that every country will just manufacture and even export the things that they're the best at, will import everything else, and life goes on merrily. The…”
Wilbur Ross Aug 30, 2024 ▶ 15:15 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 negative
Assertion Contradicted
Ross: US Ranks at Best 30th Globally in Elementary Reading and Math
“And if you look at the statistics, even in grammar school, the lower grades, we rank at best 30th in the world in reading, writing, and grammar school math.”
Wilbur Ross Aug 30, 2024 ▶ 40:44 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
Aug 30, 2024 positive
Opinion
Ross: US government functions better than any other government he has seen
“The other thing is, while our government has a lot of misfunctions, and you read a lot about it in the book, It still functions better than any other government that I've seen.”
Wilbur Ross Aug 30, 2024 ▶ 43:29 A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale
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