75 Quotes by Dan Gilbert

A mortgage transaction is very complex, very complicated, and very localized - the rules are not just by state but by county, sometimes even by municipality.

To process and close models in 50 states and 2,000-plus counties with the myriad of, just, tens of thousands of different regulations, customs, vendors - it's a monster. So the only way to do that is with technology. It really is rocket science.

Detroit in its heyday - let's say, 1920s to the '60s - was never a huge downtown-living thing. People lived in the neighborhoods.

I don't think we'd be the business that we are today if we were spread out in the suburban areas.

A lot of the problems in the mortgage world, people said, were because our competitors were evil. But a lot of it was a lack of technology - bad processes and systems.

Keep your debt low, and ask, Can your operational expertise make an impact? Then you're taking away a lot of the risk.

When we do an investment, we always ask, 'Can we affect the outcome? When buying a company, can we have an impact?' That's a different style of investing than a passive investor in the stock market. To me, that's how you're taking the risk out of it. You know what your capability is and how you can enhance value.

There's nobody you can point to in the world that doesn't make a mistake. The best players, the best business people, the best coaches. So one thing is not going to make or break a person.

I think it's natural when a team has such high expectations, under .500 halfway through the season, they're going to go after a brand new coach.