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  "documentTitle": "Arconic Inc. (ARNC)",
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      "text": "(21%) TSR vs. Company Selected \"Fair\" Aluminum Peers since quote",
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      "text": "Total Shareholder Return: 33%",
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      "text": "The comparison to companies is good. And obviously, we are a commodity company... if you want to compare our performance, we believe you've really got it compared against the peers.",
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      "text": "\"The comparison to companies is good. And obviously, we are a commodity company. And in the commodity space, I mean, we like it to be dependent on aluminum. We love aluminum. But unfortunately, aluminum is not gold. But fortunately, aluminum also isn't plastic, right? So we are at a good spot here. But if you want to compare our performance, we believe you've really got it compared against the peers. And the peers that you see here are really our competitors. Those are the aluminum and alumina companies that exist around the world. So when you look at that, you actually do see that Alcoa has gained 9.6% on the total shareholder returns. Whereas our peers, the real peers have lost 7.5%. That I think is an important way to look at it, and I think it's the only way to look at it in a fair, fair fashion.\" — Dr. Klaus Kleinfeld, May 6, 2011",
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      "text": "Source: Bloomberg. Note: Total shareholder return numbers calculated May 1, 2008 through October 31, 2016, the day prior to the separation of Alcoa",
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