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. Ivan Glasenberg Read Quote
Why should I build an asset when I can buy it more cheaply than you can build it? Ivan Glasenberg Read Quote
We want people who work for us to be entrepreneurs. We like them to look at ideas. We like them to chase ideas. We like them to not be what I call a caretaker of an asset. Ivan Glasenberg Read Quote
You want to be a trader, come be a trader. The door’s open. You want to travel six days a week, you want to travel the world, the door’s open. Ivan Glasenberg Read Quote
We work. You don’t come here to take life easy. And we all got rich from it, so, you know, there’s a benefit from it. Ivan Glasenberg Read Quote
We’re all shareholders. These guys below me, they see the CEO taking it easy, it’s their money. Ivan Glasenberg Read Quote
When we first invested in Colombia, we were buying a lot of coal from Colombia. We were dealing with them daily. I knew their guys at the port, I knew their guys at the mine, I had a feel of the country. Ivan Glasenberg Read Quote
You’re doing a major merger, you got to hope you didn’t get it wrong. That’s the view of any CEO. Ivan Glasenberg Read Quote
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. Ivan Glasenberg Read Quote
It’s nice to do an IPO where your investors get value straightaway and the share price pops up; it proves you left something on the table for them. Ivan Glasenberg Read Quote