Commodity giant Glencore (LSE: GLEN) has been cutting its debt load and closing mines since the crisis of confidence that caused its share price to halve in September, but after an initial bounce its now sliding again. Why?
Everything Is STILL Going Wrong For Glencore plc
VIDEO: One Fool takes a closer look at Glencore plc (LON:GLEN)
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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