Famous Andrew Beal Quotes

All the other banks were failing. What better time to start a bank? If everybody else is going broke, that simply means your competition is going away.


You have to work very hard at being disciplined all the time when you underwrite loans so that, when bad times come, you don’t have the worry that you made bad loans two years ago when times were good.


If the government wants to assist the space transportation business, it must reward success only and stay out of the rocket development business.


I’m really very conservative.


Our greatest risk comes not from the competitive marketplace, but from government intervention.


I wouldn’t agree that (because) the loan is Mexican makes it a higher risk. We think the loans we’re making are lower risk than many domestic loans made by traditional institutions.


We probably just won’t grow as fast.


I couldn’t come up with a solution that didn’t involve a common factor. This is the opportunity of my lifetime. We are going to be a $30 billion bank without any help from the government.


Banks are on a prayer mission that somehow prices will come back and they won’t have to face reality.


I’m really very conservative.


When is a contract NOT enforceable according to its clear terms? When it is in the state of New York.


People told me I was crazy.


Unfortunately, development of a reliable low cost system is simply not enough to insure commercial viability.


I happen to love rolling the dice sometimes.


This is the opportunity of my lifetime. We are going to be a $30 billion bank without any help from the government.


If I see another office condo in Las Vegas or Phoenix, I’m going to throw up.


We are not in a position to comment at this time.


You try to lend where capital is scare. A lot of lending dried up down there. So we can fill the void.


Oh no. No. I’m not a mathematician. I’m just a hobbyist. I dabble in number theory.


When is a contract NOT enforceable according to its clear terms? When it is in the state of New York.


There is no lack of financial capital in the United States.


There will never be a private launch industry as long as NASA and the U.S. government choose and subsidize launch systems.


Great facilities attract good people.


If that happens, we’ll do failure analysis, then we’ll launch again.


Banks are on a prayer mission that somehow prices will come back and they won’t have to face reality.


If people say I’m doing something crazy, that’s usually a good sign.


Why do people not do the great deals and do all the stupid ones?