Quotes by Ivan Glasenberg - Page 1

I'm a CEO of a public company. You have to show decorum.
Ivan Glasenberg /
Ceo
Company
Decorum
Show
Public
Public Company
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I've said I will be CEO as long as my colleagues want me.
Ivan Glasenberg /
Ceo
Colleagues
Long
Said
Long Me Will
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I've never opened a glass of champagne on any acquisition. Bankers do that.
Ivan Glasenberg /
Acquisition
Bankers
Champagne
Glass
Opened
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It's easy to buy. Prove that you bought at the right time and the right price.
Ivan Glasenberg /
Easy
Prove
Right Time
Bought
Buy
Price
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Why should I build an asset when I can buy it more cheaply than you can build it?
Ivan Glasenberg /
Build
Asset
Buy
Cheaply
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We always look at opportunities. We are not aggressively looking to buy something.
Ivan Glasenberg /
Buy
Opportunities
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I stopped focusing on people being different, and I started treating everyone the same way.
Ivan Glasenberg /
Being Different
People Way Everyone
Focusing
Treating
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The trading side of the business means a lot of travel, being out of the office a lot of time.
Ivan Glasenberg /
Trading
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We're all shareholders. These guys below me, they see the CEO taking it easy, it's their money.
Ivan Glasenberg /
Ceo
Shareholders
Money Me See
Below
Money Me Easy
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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 /
Ceo
Major
Merger
View
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A lot of deals are done or not done because chief executives are not fully aligned to shareholders.
Ivan Glasenberg /
Deals
Executives
Shareholders
Aligned
Chief
Fully
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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 /
Benefit
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Over two billion people in China and India need commodities to grow their economies and improve their living standards.
Ivan Glasenberg /
China And India
Standards
Billion
Commodities
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Many people may say that luck is important, but I think you create your own luck by working hard to ensure you don't miss opportunities.
Ivan Glasenberg /
Luck
Miss
Ensure
People Important Your
Opportunities
Working Hard
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I thought if we could put our hard-working culture as traders into the asset management, it will be a great combination, and we did do that.
Ivan Glasenberg /
Combination
Management
Asset
Hard-Working
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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 /
Travel
Six
Come
Open
Days
Door
Six Days
Trader
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You'll sacrifice a lot of things in the early part of your career to be successful, but to be ahead of your competitors, you have to work hard.
Ivan Glasenberg /
Competitors
Sacrifice
Ahead
Work Hard
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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 /
Equity
Return
Asset
Buy
Cheap
Nickel
Opportunities
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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 /
Investors
Pops
Share
Price
Proves
Table
Value
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Africa is where commodities are found, so it is vital that Glencore and other miners are there to develop those resources, helping Africa itself to grow at the same time.
Ivan Glasenberg /
Helping
Miners
Commodities
Vital
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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 /
Work Look People
Asset
Chase
Entrepreneurs
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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 /
Assets
Equity
Return
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We're creating new supply for the world, which is key. If we didn't get more tonnes into the system, your next motorcar is going to cost more because the aluminum cost is going to be higher.
Ivan Glasenberg /
Cost
Creating
Higher
Supply
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We're talking to every third-party supplier every day of the week, and our traders are talking to them and buying products from them. When we're doing that, we see opportunities which no one else sees.
Ivan Glasenberg /
Buying
Products
Talking
Day See Every Day
Doing
Else
Every Day
Day Every Day Doing
Opportunities
Sees
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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 /
Buying
Coal
Colombia
Port
Dealing
Invested
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I observed a man sourcing candle wax from South America and selling it to Japan. I thought: 'That's unbelievable. Talking on the phone in his office, that man made money moving candle wax from one country to another.' It really interested me.
Ivan Glasenberg /
America
Candle
Japan
Moving
Office
Selling
South
South America
Talking
Unbelievable
Money Man Me
Interested
Phone
Observed
One Country
Wax
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