Marc Rich Quotes

• You can't run a business based on sympathies; otherwise our business would be hampered.

  Marc Rich

  Running, Would Be

  4 Copy quote

• I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.

  Marc Rich

  Top Management, Two, Growth

  6 Copy quote

• It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business.

  Marc Rich

  Giving, Important, Information

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• If you are too proud, you don't do business.

  Marc Rich

  Proud, Ifs

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• I miss New York. I like the country and I like the people. However, the U.S. political and legal system is prone to overreaction.

  Marc Rich

  Country, New York, People

  "Glencore IPO Pushes Ex-Fugitive Billionaire Marc Rich Out Of The Shadows" by Clare O'Connor, www.forbes.com. May 23, 2011.

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• George W. Bush was a very bad president. The Iraq war was a big mistake. The U.S.A. needed a political change. I hoped Barack Obama could be a good president, but I'm disappointed. He hasn't done well.

  Marc Rich

  War, Mistake, Iraq

  "Glencore IPO Pushes Ex-Fugitive Billionaire Marc Rich Out Of The Shadows" by Clare O'Connor, www.forbes.com. May 23, 2011.

  6 Copy quote

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