Inspired by your post, I start to read the letters since FY2006...

Inspired by your post, I start to read the letters since FY2006 when this legend CEO Mackenzie assumed the role.

There are many good paragraphs in his letters and I can't help quote one which were written in AR 2010 when he expressed his happiness about the completion of the Alcan acquisition:

"This was an excellent outcome and reflects a bottom of the cycle multiple applied to bottom of the cycle earnings. The Company acquired 80 plants in 28 countries and increased sales by approximately 50%"

Such a genius timing... He simply said what he meant and he wanted shareholders to easily understand what he thought. Honest but also astute! Too many big corporate people driven by hype made overpriced acquisition before the crisis...

I want to invest in him if he starts a new company or any role... Alas, he left Amcor. What a rare animal!

Anyway, thank you~!