Ross Perot Jr. on Why Texas Keeps Winning

This week Chris sits down with Ross Perot Jr., Chairman of Hillwood and The Perot Group. Ross founded Hillwood in 1988 and built Alliance Texas, his masterpiece, a 1 of 1 27,000-acre development. They discuss:• Why Trammell Crow told him to just build warehouses• How Hillwood developed Alliance Texas• How a rare earth company got its air permit in three weeks• How President Bush helped close Scotiabank's move to Texas• What the 1992 campaign looked like from inside the family• The Iran War and why cheap oil prices are on the way• Why every community should want a data center• How to keep China from taking Taiwan• Why he expects markets to boom after the midterms Timestamps:(00:00) Intro(00:42) Why Texas Is Winning the Data Center Boom(06:20) The Facts Behind the Data Center Backlash(11:49) Why California, Illinois, and New York Are Losing to Texas(18:12) How Fort Worth Landed Elon Musk, MP Materials, and Taylor Sheridan(23:39) Building Alliance for Flying Taxis and Drone Delivery(27:47) Fighter Pilot Heroes and the First Helicopter Flight Around the World(34:29) Why EDS Left Dallas and Hillwood Became a Developer(38:31) Why the Rail Yard Matters More Than the Runway(44:51) Tariffs and How to Deal with China(50:35) Deterring a War over Taiwan by 2027(55:32) The Iran War and the Coming Oil Glut(59:10) The Case for a Post-Midterm Market Boom(1:04:34) Smart AI Regulation and the Quantum Encryption Threat(1:09:24) Buying Land After the S&L Crisis and Trammell Crow's Advice(1:12:31) Why Circle T Ranch Has Been Replanned 30 Times(1:17:43) How George W. Bush Closed the Scotiabank Deal(1:19:11) Inside the 1992 Perot Presidential Campaign(1:24:34) How Hillwood Runs as a Company of Entrepreneurs(1:32:04) Why Finding Talent Is the Hardest Part of the Business === Presented by Juniper Square: Juniper SquareJuniper Square is the operations partner for GPs in private equity, venture capital, oil and gas, real estate, and infrastructure. It brings technology, data, and administration together on one governed source of truth you own, so your team spends less time reconciling and more time running the firm your LPs are backing. Learn more at https://www.junipersquare.com/powers === Sponsored by: Collateral PartnersCollateral Partners builds institutional-grade investor materials for private credit, private equity, real estate, and family office firms, the kind of marketing collateral that helps you close capital. Learn more at https://collateral.com/powers Relay Human CloudRelay Human Cloud gives you pre-vetted, fully managed global talent for up to 75% less than hiring locally. Your best people stop doing repetitive work and get back to the work that moves your company forward. Learn more at https://www.relayhumancloud.com/powers === Chris on Social Media:X: https://x.com/fortworthchrisInstagram: https://www.instagram.com/thepowerspodcastLinkedIn: https://bit.ly/45gIkFd Watch POWERS on YouTube: https://bit.ly/3oynxNXVisit our website: https://www.powerspod.com/Leave a review on Apple: https://bit.ly/45crFD0Leave a review on Spotify: https://bit.ly/3Krl9jO