Assets Quote by Walter Schloss
“A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?”
About This Quote
Source Interview: Value Investing Insights, 1998
Companies hold assets in plant and equipment, but the value depends on whether the assets are outdated or modern.
In simple terms: Asset value hinges on age and relevance.
Key Takeaway
Assess asset age before investing.
Themes
finance
valuation
investment
Mood
analytical
cautious
Type
strategic
educational
When to use this quote
- Manufacturing upgrades
- asset disposal
- budget planning
- risk assessment
Key Concepts
Depreciation
capital allocation
Questions to Reflect On
- How do you evaluate the true worth of plant assets?
- When is replacement preferable to refurbishment?
A Different Perspective
Older assets may hide hidden costs or inefficiencies.
![“[When I die], I will decidedly not be regretting missed opportunities for a good time. My regrets will be more along the lines of a sad list of people hurt, people let down, assets wasted and advantages squandered.” quote by Anthony Bourdain](https://sms4smile.com/quotes/img-quotes/ba3/anthony-bourdain-649_advantage_when-i-die-i-will-decidedly-not-be-regre_24502.jpg)
