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clock Created with Sketch. 12/11/16
15:15
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Originally posted by Zenzen
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Great lesson here with FMG, BHP and others. In January, when things were tough, the end-of-the-worlders were all over this saying it was doomed to die a horrible death etc etc. But the oft quoted Buffetism about buying quality companies when others are fearful couldn't be more apt in this case.
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You probably haven't looked at future market this morning. Iron dropped nearly 4% before market closed. I think this is the top now.
(20min delay)