At first blush, you might wonder why investors in an international mining giant like Rio Tinto (LSE: RIO) or BHP Billiton (LSE: BLT) whose critical operations are in Australia would give two hoots about the UK’s decision to leave the European Union…
Exactly why are Rio Tinto plc & BHP Billiton plc up 20% after Brexit?
VIDEO: One Fool ponders Rio Tinto plc (LON:RIO) and BHP Billiton plc (LON:BLT)’s rise in the last few weeks…
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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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