I guess I've built a hundred steamships and steamboats… I never paid a dollar of insurance… Good vessels and good masters – that's the best kind of insurance. Why should I pay somebody else to carry my risks?
— Cornelius Vanderbilt Modern

Railroad magnate

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Details

Context

His rationale for self-insurance, showcasing extreme self-reliance and risk tolerance.

Date / Period

1859

Category

Strange & Unusual

Source

https://www.quoteswise.com/cornelius-vanderbilt-quotes.html

Verification

Unverifiable

Explanation

Found in 1 providers: gemini

Method

Cross Reference

Sources Checked

1 source

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