Asset Quote by Ivan Glasenberg
“Why should I build an asset when I can buy it more cheaply than you can build it?”
About This Quote
Questioning the value of building versus buying, emphasizing cost efficiency and strategic sourcing.
In simple terms: Weigh building cost against buying cost.
Consider cost‑effective sourcing.
Themes
Mood
Type
When to use this quote
- business planning
- procurement
- manufacturing
- investment decisions
- budgeting
Key Concepts
Questions to Reflect On
- What hidden benefits might building provide?
- When does buying become strategically risky?
Building may involve hidden benefits like control or quality that cheap buying lacks.