Cheap Quote by Ivan Glasenberg
“When the opportunities come, we may not want to buy another nickel asset, but if something comes cheap enough, we're all about return on equity.”
About This Quote
Source Speech: 2019 Annual Shareholder Meeting
Opportunity may be cheap, but buying low‑cost assets isn’t always wise; focus on return on equity.
In simple terms: Cheap assets aren’t always good; consider equity returns.
Key Takeaway
Prioritize ROI over low price.
Themes
investment
valuation
equity
Mood
pragmatic
critical
Type
business
financial
When to use this quote
- stock buying
- portfolio diversification
- capital allocation
Key Concepts
financial analysis
risk assessment
Questions to Reflect On
- What metrics do you use to assess cheap assets?
- How do you balance price vs. equity returns?
A Different Perspective
Low price can hide hidden risks.
