Rio Tinto (LSE: RIO) expects its iron ore output to fall by 10-20 million tons in 2017, due to problems with its autonomous train system. (Heck, we’ve all been there haven’t we?) However, there are tentative signs it might be time to take its foot off the production gas, anyway.
Rio Tinto plc can afford to take it easy
VIDEO: One Fool takes a closer look at Rio Tinto plc (LON:RIO).
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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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