Frederick W. Smith Quotes & Sayings (Page 2)

“Fear of failure must never be a reason not to try something.”

“I do not believe I could have built FedEx without the skills I learned from the Marine Corps.”

“I am not someone who tends to advocate for increased government involvement in the private sector.”

“Every time we make an investment decision at FedEx, we ask ourselves: 'What is the return on this investment?'”

“If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.”

“The United States tax system today is very prejudiced towards financialization, leverage, and lack of investment.”

“There is no free market for oil. It's controlled by a cartel, OPEC.”

“The biggest part of our business has always been moving things, not paper. With the Internet, people in Mississippi can buy things from Macedonia, without regard to time or place or quantity.”

“The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States.”

“Beginning in 1973 and then acts in '77, '78, 1980, 1994 and then into the 21st century in the international arena, governments have steadily gotten out of the transportation business.”