Book Quote by Ted Waitt
“I mean, you don't get a chance to buy a company like Gateway, you know, at or near book value very often.”
About This Quote
Source Interview: Business Strategies, 2008
Rare opportunities to acquire undervalued companies require swift action
In simple terms: Buy undervalued companies quickly
Act quickly on rare deals
Themes
Mood
Type
When to use this quote
- stock market
- private equity
- business negotiations
Key Concepts
Questions to Reflect On
- How do you identify undervalued assets?
- What risks accompany rapid acquisitions?
Market conditions may prevent such deals