IOH 0.00% 70.0¢ iron ore holdings limited

RH,No problems.The reason it caught my eye is because I was...

  1. 200 Posts.
    RH,

    No problems.

    The reason it caught my eye is because I was reading an article which was about creating wealth over the long term (20-40 years) and there was a mention of something from a Citi Group analyst who was saying in probably the next 10-20 years the commodity demand from China will decrease but will be off-set by the rapid growth of countries that are at earlier stages of their convergence process than China, which include India, Bangladesh, "Indonesia", Vietnam and Egypt.

    While this all seems very long term and irrelevant, we know that major infrastructure projects (like rail, roads, bridges, cities) take 20 years to establish and resources are finite.

    Its forward thinking and opportunism that creates wealth.

    You NEVER know. Just thoughts...

 
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