Big Quote by Ivan Glasenberg
“What are we focused on? Return on equity. We don't need these great big tier one assets. I'm very happy with getting tier two, tier three assets; that's what Glencore has been good at.”
About This Quote
Source Interview: Glencore CEO on asset strategy, 2020
Prioritizes mid‑tier assets over large ones, focusing on return on equity and core strengths.
In simple terms: Focus on mid‑tier assets for better returns.
Key Takeaway
Align investments with core competencies.
Themes
strategy
investment
risk
efficiency
Mood
analytical
pragmatic
Type
business
strategic
When to use this quote
- corporate planning
- resource allocation
- market positioning
- risk assessment
Key Concepts
finance
asset management
ROI
Questions to Reflect On
- Is focusing on mid‑tier assets sustainable long‑term?
- How do you balance risk and reward?
A Different Perspective
May limit growth potential in high‑value markets.
