Risks and Returns

Summary

Lessons from a Wall Street Legend Turned Secretary of Commerce



Before being named President Trump's Secretary of Commerce in 2017, Wilbur Ross had already earned a reputation as the "King of Bankruptcy" over his fifty-five-year career on Wall Street. Often working on high-profile bankruptcies such as Pan Am and Texaco, Ross helped restructure more than $400 billion in assets, and was named among Bloomberg's fifty most influential people in global finance. After coming to Washington, Ross faced equally tough challenges, yet survived in his post for all four years.



Risks and Returns: Creating Success in Business and Life explains how Ross got to the top and stayed there. Rising from humble beginnings in North Bergen, New Jersey, Ross applied simple principles with strict discipline—something listeners can apply in their own quest for success. Ultimately, Ross's strategies and dealmaking skills led to relationships with King Charles, Warren Buffett, Carl Icahn, the Rothschild family, Steve Wynn, Lakshmi Mittal, Mike Milken, and many other famous personalities. Ross also documents his experiences with President Trump in the Oval Office.