The glut of iron ore flooding the market from the low-cost producers like BHP Billiton (LSE: BLT) has certainly depressed the price of the commodity, but at last there are signs that the upside may be on the way.
BHP Billiton plc Is Winning The War For China’s Wallet!
VIDEO: One Fool takes a closer look at BHP Billiton plc (LON:BLT).
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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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