Fundamentals

Wednesday, 17 Aug 2016
< Back to Home

Stock Picking 4

THE BALI CLIENT - We used to have a client who had “vision”. He was an Australian living in Asia who saw Australia somewhat more objectively than the rest of us. In 2004 to 2007 he made a fortune. Stocks he bought were getting taken over, had better than expected results, landed contracts. He was always ahead of the game. In the end everyone was hanging on his every move thinking that he must have some sort of inside feed. But there was no magic, all he had done, from his position as the “Man in the Moon” looking at Australia from Asia was to realise a year after it got going that China’s infrastructure build would need a lot more Australian iron ore and coal. So he simply trawled the Australian market for the highest quality coal and iron ore

...Continue Reading





Share this article:


 

STOCK MARKET
ADVICE

There is no other share market newsletter like it


Sign up for a 14-day trial

Start maximising your investments right now with a free 14-day Marcus Today trial.

Once you've signed up:

  1. We'll send you an email to confirm your new account

  2. Click on the link in the email to activate your account

  3. Enjoy your new 14-day Marcus Today trial